According to the public record, 2, Mill Road, Shrewsbury is a modern house with 904 ft2 of internal area and sits on a 54.2 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Mill Road, Shrewsbury, SY2 is located within the SY2 postal district.
2, Mill Road, Shrewsbury has no records in the Land Registry database and no records in the EPC database.
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 Mill Road Shrewsbury as £279,018 and the rental value as £1,038 per month giving an expected gross yield of 4.5%.
Over the last 12 months the sale value of 2 Mill Road Shrewsbury has increased by £3,744 (1.3%) and its rental value has increased by £3 per month (0.3%).
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, Mill Road, Shrewsbury is in very good condition we estimate a sale value of £292,969 and rental value of £1,090 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £259,487 and a rental value of £965 per month.
If you were able to purchase this property for the estimated value of £279,018, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,371 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, Mill Road, Shrewsbury sits on a plot of 54m2.
We have plot size data on 7 out of 7 other houses in the postcode and 2, Mill Road, Shrewsbury sits on the 7th largest plot.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Mill Road, Shrewsbury within a radius of 79m over the last 2 years.
The most recent example is 4 Mill Court, Mill Road, Shrewsbury, SY2 6AR, a Freehold house which sold for £251,500 in Feb 2022.
Read more about house prices in SY2.
Mill Road, Shrewsbury, SY2 has a total of 86 addresses. According to our analysis of all the public data, 2, Mill Road, Shrewsbury is the 23rd largest and the 14th most expensive property on the street.
When compared to the postcode district it is £11k less expensive than the average property in SY2.
2, Mill Road, Shrewsbury has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 30 Nov 2023.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
The closest station to 2, Mill Road, Shrewsbury is Shrewsbury station which is 1.1 km 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, Mill Road, Shrewsbury, 47.3% of property is privately rented and 19.1% 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, Mill Road, Shrewsbury, 6.9% of residents are recorded as possessing school level qualifications and 40.8% 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, Mill Road, Shrewsbury, the average age was 45.7 and the most common age was 27.
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, Mill Road, Shrewsbury, 2.2% 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, Mill Road, Shrewsbury, there are an average of 0.9 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.