According to the public record, 3, Passey Close, Shrewsbury is a modern freehold house with 818 ft2 of internal area and sits on a 199 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Passey Close, Shrewsbury, SY2 is located within the SY2 postal district.
3, Passey Close, Shrewsbury has a single entry in the Land Registry database from September 2019 and a single entry in the EPC database dated August 2019.
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 good condition, we estimate the current sale value for 3 Passey Close Shrewsbury as £262,201 and the rental value as £1,002 per month giving an expected gross yield of 4.6%.
Over the last 12 months the sale value of 3 Passey Close Shrewsbury has increased by £3,377 (1.3%) and its rental value has increased 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 3, Passey Close, Shrewsbury is in very good condition we estimate a sale value of £275,311 and rental value of £1,052 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £243,847 and a rental value of £932 per month.
If you were able to purchase this property for the estimated value of £262,201, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,289 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, Passey Close, Shrewsbury sits on a plot of 199m2.
We have plot size data on 12 out of 24 other houses in the postcode and 3, Passey Close, Shrewsbury sits on the 2nd largest plot.
According to HM Land Registry, 3, Passey Close, Shrewsbury was last sold on 27 Sep 2019 for £224,500 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Sep 2019, the market for similar properties has risen 27.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 3, Passey Close, Shrewsbury within a radius of 1.0 kilometres over the last 2 years.
The most recent example is 15, Hendrick Crescent, Shrewsbury, SY2 6JF, a Freehold house which sold for £232,500 in May 2024.
Read more about house prices in SY2.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Passey Close, Shrewsbury, SY2 has a total of 24 addresses. According to our analysis of all the public data, 3, Passey Close, Shrewsbury is the 17th largest and the 18th most expensive property on the street.
When compared to the postcode district it is £28k less expensive than the average property in SY2.
3, Passey Close, Shrewsbury has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 27 Aug 2019.
The property is not connected to mains gas and has high performance glazing. It is heated using a boiler and radiators.
The closest station to 3, Passey Close, Shrewsbury is Shrewsbury station which is 3.1 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 3, Passey Close, Shrewsbury, 58.4% of property is privately owned outright and 23.6% 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 3, Passey Close, Shrewsbury, 8.9% of residents are recorded as possessing school level qualifications and 31.6% 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 3, Passey Close, Shrewsbury, the average age was 44.5 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 3, Passey Close, Shrewsbury, 1.0% 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, Passey Close, Shrewsbury, there are an average of 1.6 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.