According to the public record, 2, Cornmill Square, Shrewsbury is a modern apartment with 1,063 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
Cornmill Square, Shrewsbury, SY1 is located within the SY1 postal district.
2, Cornmill Square, Shrewsbury has no recent1 records in the Land Registry database and a single entry in the EPC database dated June 2011.
We combine this information with public data 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 Cornmill Square Shrewsbury as £231,674 and the rental value as £856 per month giving an expected gross yield of 4.4%.
Over the last 12 months the sale value of 2 Cornmill Square Shrewsbury has increased by £5,723 (2.5%) and its rental value has increased by £21 per month (2.5%).
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, Cornmill Square, Shrewsbury is in very good condition we estimate a sale value of £243,257 and rental value of £899 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £215,456 and a rental value of £796 per month.
If you were able to purchase this property for the estimated value of £231,674, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,139 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 HM Land Registry, 2, Cornmill Square, Shrewsbury was last sold on 21 May 2004 for £195,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Cornmill Square, Shrewsbury within a radius of 480 metres over the last 2 years.
The most recent example is 16, Cornmill Square, Shrewsbury, SY1 2LQ, a Leasehold flat which sold for £228,000 in Sep 2021.
Read more about house prices in SY1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Cornmill Square, Shrewsbury, SY1 has a total of 20 addresses. According to our analysis of all the public data, 2, Cornmill Square, Shrewsbury is the 10th largest and the 10th most expensive property on the street.
When compared to the postcode district it is £5k more expensive than the average property in SY1.
2, Cornmill Square, Shrewsbury has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 21 Jun 2011.
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, Cornmill Square, Shrewsbury is Shrewsbury station which is 400 metres 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, Cornmill Square, Shrewsbury, 62.1% of property is privately rented and 23.4% is privately owned with a mortgage.
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, Cornmill Square, Shrewsbury, 16.3% of residents are recorded as possessing school level qualifications and 44.3% 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, Cornmill Square, Shrewsbury, the average age was 42.3 and the most common age was 32.
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, Cornmill Square, 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, Cornmill Square, 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.