According to the public record, 48 Abbey Wharf, Shrewsbury is a modern freehold house with 882 ft2 of internal area and sits on a 277 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a balcony and garden.
Mill Road, Shrewsbury, SY2 is located within the SY2 postal district.
48 Abbey Wharf, Shrewsbury has 2 entries in the Land Registry database, most recently in August 2021 and a single entry in the EPC database dated March 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 48 Abbey Wharf Shrewsbury as £257,412 and the rental value as £1,007 per month giving an expected gross yield of 4.7%.
Over the last 12 months the sale value of 48 Abbey Wharf Shrewsbury has increased by £3,454 (1.3%) and its rental value has increased by £3 per month (0.3%).
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 48 Abbey Wharf, Shrewsbury is in very good condition we estimate a sale value of £270,283 and rental value of £1,057 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £239,393 and a rental value of £937 per month.
If you were able to purchase this property for the estimated value of £257,412, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,265 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, 48 Abbey Wharf, Shrewsbury sits on a plot of 277m2.
We have plot size data on 18 out of 18 other houses in the postcode and 48 Abbey Wharf, Shrewsbury sits on the largest plot.
According to HM Land Registry, 48 Abbey Wharf, Shrewsbury was last sold on 03 Aug 2021 for £220,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Aug 2021, the market for similar properties has risen 13.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 48 Abbey Wharf, Shrewsbury within a radius of 580 metres over the last 2 years.
The most recent example is 62 Abbey Wharf, Mill Road, Shrewsbury, SY2 6AY, a Freehold house which sold for £201,000 in Nov 2020.
Read more about house prices in SY2.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Mill Road, Shrewsbury, SY2 has a total of 86 addresses. According to our analysis of all the public data, 48 Abbey Wharf, Shrewsbury is the 30th largest and the 29th most expensive property on the street.
When compared to the postcode district it is £33k less expensive than the average property in SY2.
48 Abbey Wharf, Shrewsbury has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 27 Mar 2015.
The property is not connected to mains gas and has high performance glazing. It is heated using Room heaters, electric.
The closest station to 48 Abbey Wharf, Shrewsbury is Shrewsbury station which is 1.1 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 48 Abbey Wharf, 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 48 Abbey Wharf, 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 48 Abbey Wharf, 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 48 Abbey Wharf, 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 48 Abbey Wharf, 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.