According to the public record, 20, Falcons Way, Shrewsbury is a modern leasehold apartment with 419 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
Falcons Way, Shrewsbury, SY3 is located within the SY3 postal district.
20, Falcons Way, Shrewsbury has 41 entries in the Land Registry database, most recently in August 2021 and a single entry in the EPC database dated May 2021.
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 20 Falcons Way Shrewsbury as £103,482 and the rental value as £556 per month giving an expected gross yield of 6.4%.
Over the last 12 months the sale value of 20 Falcons Way Shrewsbury has increased by £1,388 (1.3%) and its rental value has increased by £9 per month (1.6%).
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 20, Falcons Way, Shrewsbury is in very good condition we estimate a sale value of £108,656 and rental value of £583 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £96,238 and a rental value of £517 per month.
If you were able to purchase this property for the estimated value of £103,482, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £509 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, 20, Falcons Way, Shrewsbury was last sold on 16 Aug 2021 for £114,500 and was recorded as a leasehold flat.
The property has had 4 sales since 1995.
Since Aug 2021, the market for similar properties has risen 9.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 20, Falcons Way, Shrewsbury within a radius of 750 metres over the last 2 years.
The most recent example is 40, Churchill Road, Shrewsbury, SY3 8ZQ, a Leasehold flat which sold for £128,500 in Jul 2023.
Read more about house prices in SY3.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Falcons Way, Shrewsbury, SY3 has a total of 87 addresses. According to our analysis of all the public data, 20, Falcons Way, Shrewsbury is the 74th largest and the 74th most expensive property on the street.
When compared to the postcode district it is £215k less expensive than the average property in SY3.
20, Falcons Way, Shrewsbury has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 27 May 2021.
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 20, Falcons Way, Shrewsbury is Shrewsbury station which is 2.8 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 20, Falcons Way, Shrewsbury, 53.7% of property is privately owned outright and 33.3% 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 20, Falcons Way, Shrewsbury, 12.8% of residents are recorded as possessing school level qualifications and 40.9% 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 20, Falcons Way, 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 20, Falcons Way, Shrewsbury, 3.3% 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 20, Falcons Way, 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.