According to the public record, 40 Belgravia Court, Abbey Foregate, Shrewsbury is a modern leasehold apartment with 656 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in 40, Abbey Foregate, Shrewsbury, SY2.
Abbey Foregate, Shrewsbury, SY2 is located within the SY2 postal district.
40 Belgravia Court, Abbey Foregate, Shrewsbury has 41 entries in the Land Registry database, most recently in September 2020 and a single entry in the EPC database dated June 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 40 Belgravia Court Abbey Foregate Shrewsbury as £156,426 and the rental value as £759 per month giving an expected gross yield of 5.8%.
Over the last 12 months the sale value of 40 Belgravia Court Abbey Foregate Shrewsbury has increased by £5,376 (3.4%) and its rental value has increased by £18 per month (2.4%).
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 40 Belgravia Court, Abbey Foregate, Shrewsbury is in very good condition we estimate a sale value of £164,247 and rental value of £797 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £145,476 and a rental value of £706 per month.
If you were able to purchase this property for the estimated value of £156,426, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £769 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, 40 Belgravia Court, Abbey Foregate, Shrewsbury was last sold on 07 Sep 2020 for £159,000 and was recorded as a leasehold flat.
The property has had 4 sales since 1995.
Since Sep 2020, the market for similar properties has risen 17.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 40 Belgravia Court, Abbey Foregate, Shrewsbury within a radius of 550 metres over the last 2 years.
The most recent example is Flat 324, The Cedars, Abbey Foregate, Shrewsbury, SY2 6BY, a Leasehold flat which sold for £158,000 in Mar 2023.
Read more about house prices in SY2.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Abbey Foregate, Shrewsbury, SY2 has a total of 545 addresses. According to our analysis of all the public data, 40 Belgravia Court, Abbey Foregate, Shrewsbury is the 224th largest and the 344th most expensive property on the street.
When compared to the postcode district it is £134k less expensive than the average property in SY2.
40 Belgravia Court, Abbey Foregate, Shrewsbury has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 24 Jun 2020.
The property is not connected to mains gas and has fully double glazed windows. It is heated using electric storage heaters.
The closest station to 40 Belgravia Court, Abbey Foregate, Shrewsbury is Shrewsbury station which is 900 metres 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 40 Belgravia Court, Abbey Foregate, Shrewsbury, 47.3% of property is privately rented and 19.1% is privately owned outright.
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 40 Belgravia Court, Abbey Foregate, Shrewsbury, 6.9% of residents are recorded as possessing school level qualifications and 40.8% 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 40 Belgravia Court, Abbey Foregate, Shrewsbury, the average age was 45.7 and the most common age was 27.
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 40 Belgravia Court, Abbey Foregate, Shrewsbury, 2.2% 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 40 Belgravia Court, Abbey Foregate, Shrewsbury, there are an average of 0.9 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.