According to the public record, 4, Cedars Drive, Shrewsbury is a mid-century freehold house with 979 ft2 of internal area and sits on a 327 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Cedars Drive, Shrewsbury, SY1 is located within the SY1 postal district.
4, Cedars Drive, Shrewsbury has 31 entries in the Land Registry database, most recently in April 2021 and a single entry in the EPC database dated February 2020.
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 4 Cedars Drive Shrewsbury as £345,654 and the rental value as £990 per month giving an expected gross yield of 3.4%.
Over the last 12 months the sale value of 4 Cedars Drive Shrewsbury has decreased by £2,358 (0.7%) and its rental value has decreased 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 4, Cedars Drive, Shrewsbury is in very good condition we estimate a sale value of £362,937 and rental value of £1,040 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £321,458 and a rental value of £921 per month.
If you were able to purchase this property for the estimated value of £345,654, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,699 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, 4, Cedars Drive, Shrewsbury sits on a plot of 327m2.
We have plot size data on 4 out of 11 other houses in the postcode and 4, Cedars Drive, Shrewsbury sits on the 4th largest plot.
According to HM Land Registry, 4, Cedars Drive, Shrewsbury was last sold on 16 Apr 2021 for £287,500 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since Apr 2021, the market for similar properties has risen 13.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 4, Cedars Drive, Shrewsbury within a radius of 800 metres over the last 2 years.
The most recent example is 44, Juniper Road, Shrewsbury, SY1 2BN, a Freehold house which sold for £312,000 in Mar 2024.
Read more about house prices in SY1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Cedars Drive, Shrewsbury, SY1 has a total of 16 addresses. According to our analysis of all the public data, 4, Cedars Drive, Shrewsbury is the 4th largest and the 5th most expensive property on the street.
When compared to the postcode district it is £119k more expensive than the average property in SY1.
4, Cedars Drive, Shrewsbury has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 26 Feb 2020.
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 4, Cedars Drive, Shrewsbury is Shrewsbury station which is 1.5 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 4, Cedars Drive, Shrewsbury, 51.4% of property is privately owned outright and 35.5% 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 4, Cedars Drive, Shrewsbury, 17.5% of residents are recorded as possessing school level qualifications and 35.6% 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 4, Cedars Drive, Shrewsbury, the average age was 42.3 and the most common age was 32.
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 4, Cedars Drive, Shrewsbury, 0.2% 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 4, Cedars Drive, 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.