According to the public record, 2, Chapel Hill, Shrewsbury is a mid-century freehold house with 775 ft2 of internal area and sits on a 690 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Chapel Hill, Bicton Heath, Shrewsbury, SY3 is located within the SY3 postal district.
2, Chapel Hill, Shrewsbury has a single entry in the Land Registry database from November 2019 and a single entry in the EPC database dated July 2018.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 2 Chapel Hill Shrewsbury as £284,205 and the rental value as £1,006 per month giving an expected gross yield of 4.2%.
Over the last 12 months the sale value of 2 Chapel Hill Shrewsbury has increased by £3,108 (1.1%) and its rental value has increased by £13 per month (1.3%).
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 2, Chapel Hill, Shrewsbury is in very good condition we estimate a sale value of £298,415 and rental value of £1,056 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £264,310 and a rental value of £936 per month.
If you were able to purchase this property for the estimated value of £284,205, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,397 per month.
This figure is only an estimate but we've partnered with Mortgage Advice Bureau who can provide a figure tailored for you! Get started using their mortgage finder below.
According to data from HM Land Registry, 2, Chapel Hill, Shrewsbury sits on a plot of 690m2.
We have plot size data on 4 out of 4 other houses in the postcode and 2, Chapel Hill, Shrewsbury sits on the 3rd largest plot.
According to HM Land Registry, 2, Chapel Hill, Shrewsbury was last sold on 26 Nov 2019 for £201,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Nov 2019, the market for similar properties has risen 23.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Chapel Hill, Shrewsbury within a radius of 820 metres over the last 2 years.
The most recent example is 3, Corner Lane, Shrewsbury, SY3 5BZ, a Freehold house which sold for £236,500 in Oct 2023.
Read more about house prices in SY3.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Chapel Hill, Bicton Heath, Shrewsbury, SY3 has a total of 4 addresses. According to our analysis of all the public data, 2, Chapel Hill, Shrewsbury is the 4th largest and the 4th most expensive property on the street.
When compared to the postcode district it is £34k less expensive than the average property in SY3.
2, Chapel Hill, Shrewsbury has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 18 Jul 2018.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to 2, Chapel Hill, Shrewsbury is Shrewsbury station which is 4.1 kilometres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 2, Chapel Hill, Shrewsbury, 43.0% of property is privately rented and 33.3% is privately owned outright.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 2, Chapel Hill, Shrewsbury, 11.6% of residents are recorded as possessing school level qualifications and 36.8% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales
The most recent census in 2021 recorded the age of all UK residents.
In the area around 2, Chapel Hill, Shrewsbury, the average age was 42.6 and the most common age was 52.
The graph below shows how this compares to West Midlands and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 2, Chapel Hill, Shrewsbury, 0.0% of property was a second home.
Comparison figures for West Midlands and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 2, Chapel Hill, Shrewsbury, there are an average of 1.1 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.