According to the public record, 3 Malt House Cottages, Shrewsbury is a modern freehold house and with 1,033 ft2 of internal area and sits on a 100 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Station Road, Wem, Shrewsbury, SY4 is located within the SY4 postal district.
3 Malt House Cottages, Shrewsbury has 21 entries in the Land Registry database, most recently in May 2006 and no records in the EPC database.
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 3 Malt House Cottages Shrewsbury as £161,052 and the rental value as £662 per month giving an expected gross yield of 4.9%.
Over the last 12 months the sale value of 3 Malt House Cottages Shrewsbury has increased by £7,168 (4.5%) and its rental value has increased by £25 per month (3.7%).
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 3 Malt House Cottages, Shrewsbury is in very good condition we estimate a sale value of £169,105 and rental value of £695 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £149,779 and a rental value of £616 per month.
If you were able to purchase this property for the estimated value of £161,052, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £792 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, 3 Malt House Cottages, Shrewsbury sits on a plot of 100m2.
We have plot size data on 9 out of 9 other houses in the postcode and 3 Malt House Cottages, Shrewsbury sits on the largest plot.
According to HM Land Registry, 3 Malt House Cottages, Shrewsbury was last sold on 31 May 2006 for £155,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 3 Malt House Cottages, Shrewsbury within a radius of 256m over the last 2 years.
The most recent example is 62, Cordwell Park, Shrewsbury, SY4 5BE, a Freehold house which sold for £150,000 in Aug 2023.
Read more about house prices in SY4.
Station Road, Wem, Shrewsbury, SY4 has a total of 121 addresses. According to our analysis of all the public data, 3 Malt House Cottages, Shrewsbury is the 22nd largest and the 87th most expensive property on the street.
When compared to the postcode district it is £171k less expensive than the average property in SY4.
3 Malt House Cottages, Shrewsbury has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 11 Nov 2013.
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 3 Malt House Cottages, Shrewsbury is Wem station which is 200 m 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 3 Malt House Cottages, Shrewsbury, 34.3% of property is privately owned with a mortgage and 22.6% is socially rented.
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 3 Malt House Cottages, Shrewsbury, 16.6% of residents are recorded as possessing school level qualifications and 28.1% 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 3 Malt House Cottages, Shrewsbury, the average age was 45.1 and the most common age was 17.
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 3 Malt House Cottages, 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 3 Malt House Cottages, Shrewsbury, there are an average of 1.3 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.