According to the public record, 20, Reedham Road, Shrewsbury is a modern freehold house with 775 ft2 of internal area and sits on a 219 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Reedham Road, Shrewsbury, SY1 is located within the SY1 postal district.
20, Reedham Road, Shrewsbury has a single entry in the Land Registry database from September 2015 and a single entry in the EPC database dated April 2015.
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 Reedham Road Shrewsbury as £255,846 and the rental value as £842 per month giving an expected gross yield of 3.9%.
Over the last 12 months the sale value of 20 Reedham Road Shrewsbury has decreased by £1,231 (0.5%) and its rental value has increased by £1 per month (0.1%).
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, Reedham Road, Shrewsbury is in very good condition we estimate a sale value of £268,638 and rental value of £884 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £237,937 and a rental value of £783 per month.
If you were able to purchase this property for the estimated value of £255,846, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,257 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, 20, Reedham Road, Shrewsbury sits on a plot of 219m2.
We have plot size data on 19 out of 31 other houses in the postcode and 20, Reedham Road, Shrewsbury sits on the 6th largest plot.
According to HM Land Registry, 20, Reedham Road, Shrewsbury was last sold on 03 Sep 2015 for £203,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Sep 2015, the market for similar properties has risen 36.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 20, Reedham Road, Shrewsbury within a radius of 720 metres over the last 2 years.
The most recent example is 7, Berinsfield Close, Shrewsbury, SY1 3XZ, a Freehold house which sold for £215,000 in Jun 2021.
Read more about house prices in SY1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Reedham Road, Shrewsbury, SY1 has a total of 31 addresses. According to our analysis of all the public data, 20, Reedham Road, Shrewsbury is the 27th largest and the 20th most expensive property on the street.
When compared to the postcode district it is £29k more expensive than the average property in SY1.
20, Reedham Road, Shrewsbury has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 29 Apr 2015.
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, Reedham Road, Shrewsbury is Shrewsbury station which is 1.6 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, Reedham Road, Shrewsbury, 34.8% of property is privately owned outright and 34.8% 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, Reedham Road, Shrewsbury, 16.5% of residents are recorded as possessing school level qualifications and 35.0% 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, Reedham Road, Shrewsbury, the average age was 45.9 and the most common age was 57.
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, Reedham Road, 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 20, Reedham Road, 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.