According to the public record, 2 The Old Chapel, Shrewsbury is a modern freehold house with 1,367 ft2 of internal area and sits on a 265 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
The Furlongs, Bicton Heath, Shrewsbury, SY3 is located within the SY3 postal district.
2 The Old Chapel, Shrewsbury has a single entry in the Land Registry database from June 2018 and a single entry in the EPC database dated June 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 The Old Chapel Shrewsbury as £409,895 and the rental value as £1,208 per month giving an expected gross yield of 3.5%.
Over the last 12 months the sale value of 2 The Old Chapel Shrewsbury has decreased by £2,371 (0.6%) and its rental value has decreased by £4 per month (0.4%).
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 The Old Chapel, Shrewsbury is in very good condition we estimate a sale value of £430,390 and rental value of £1,269 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £381,203 and a rental value of £1,124 per month.
If you were able to purchase this property for the estimated value of £409,895, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,015 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 The Old Chapel, Shrewsbury sits on a plot of 265m2.
We have plot size data on 4 out of 4 other houses in the postcode and 2 The Old Chapel, Shrewsbury sits on the 3rd largest plot.
According to HM Land Registry, 2 The Old Chapel, Shrewsbury was last sold on 29 Jun 2018 for £335,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Jun 2018, the market for similar properties has risen 26.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2 The Old Chapel, Shrewsbury within a radius of 690 metres over the last 2 years.
The most recent example is 3, Napoleon Drive, Shrewsbury, SY3 5PH, a Freehold house which sold for £420,000 in Jan 2024.
Read more about house prices in SY3.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
The Furlongs, Bicton Heath, Shrewsbury, SY3 has a total of 81 addresses. According to our analysis of all the public data, 2 The Old Chapel, Shrewsbury is the 6th largest and the 4th most expensive property on the street.
When compared to the postcode district it is £92k more expensive than the average property in SY3.
2 The Old Chapel, Shrewsbury has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 16 Jun 2018.
The property is not connected to mains gas and has partial double glazing. It is heated using a boiler and radiators.
The closest station to 2 The Old Chapel, Shrewsbury is Shrewsbury station which is 3.4 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 The Old Chapel, Shrewsbury, 48.1% of property is privately owned outright and 29.0% 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 The Old Chapel, Shrewsbury, 13.7% of residents are recorded as possessing school level qualifications and 33.6% 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 The Old Chapel, 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 The Old Chapel, Shrewsbury, 3.2% 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 The Old Chapel, Shrewsbury, there are an average of 1.4 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.