According to the public record, 2, Severn Terrace, Shrewsbury is a period freehold house with 576 ft2 of internal area and sits on a 106 m2 plot.
Houses of this size in this area normally have 2 bedrooms with a garden.
Severn Terrace, Shrewsbury, SY1 is located within the SY1 postal district.
2, Severn Terrace, Shrewsbury has a single entry in the Land Registry database from December 2013 and a single entry in the EPC database dated August 2009.
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 Severn Terrace Shrewsbury as £171,793 and the rental value as £690 per month giving an expected gross yield of 4.8%.
Over the last 12 months the sale value of 2 Severn Terrace Shrewsbury has increased by £2,660 (1.5%) and its rental value has increased by £8 per month (1.2%).
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, Severn Terrace, Shrewsbury is in very good condition we estimate a sale value of £180,382 and rental value of £725 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £159,767 and a rental value of £642 per month.
If you were able to purchase this property for the estimated value of £171,793, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £844 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, Severn Terrace, Shrewsbury sits on a plot of 106m2.
We have plot size data on 5 out of 5 other houses in the postcode and 2, Severn Terrace, Shrewsbury sits on the 3rd largest plot.
According to HM Land Registry, 2, Severn Terrace, Shrewsbury was last sold on 20 Dec 2013 for £115,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Dec 2013, the market for similar properties has risen 51.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Severn Terrace, Shrewsbury within a radius of 530 metres over the last 2 years.
The most recent example is 6 Meadow Cottages, Longner Street, Shrewsbury, SY3 8RF, a Freehold house which sold for £192,000 in Apr 2024.
Read more about house prices in SY1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Severn Terrace, Shrewsbury, SY1 has a total of 6 addresses. According to our analysis of all the public data, 2, Severn Terrace, Shrewsbury is the 6th largest and the 6th most expensive property on the street.
When compared to the postcode district it is £55k less expensive than the average property in SY1.
2, Severn Terrace, Shrewsbury has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 05 Aug 2009.
The property is connected to mains gas and has single glazed windows. It is heated using a boiler and radiators.
The closest station to 2, Severn Terrace, Shrewsbury is Shrewsbury station which is 200 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, Severn Terrace, Shrewsbury, 66.7% of property is privately rented and 16.0% 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, Severn Terrace, Shrewsbury, 6.0% of residents are recorded as possessing school level qualifications and 38.6% 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, Severn Terrace, 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, Severn Terrace, Shrewsbury, 1.6% 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, Severn Terrace, Shrewsbury, there are an average of 0.8 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.