According to the public record, 48, Millbrook Drive, Shrewsbury is a leasehold house.
By comparing it to neighbours, we estimate that it is a modern house with 1,695 ft2 of internal area and sits on a 626 m2 plot and a garden.
Houses of this size in this area normally have 4 bedrooms.
Millbrook Drive, Shawbury, Shrewsbury, SY4 is located within the SY4 postal district.
48, Millbrook Drive, Shrewsbury has a single entry in the Land Registry database from December 2007 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 48 Millbrook Drive Shrewsbury as £371,057 and the rental value as £1,342 per month giving an expected gross yield of 4.3%.
Over the last 12 months the sale value of 48 Millbrook Drive Shrewsbury has increased by £6,538 (1.8%) and its rental value has increased by £7 per month (0.5%).
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, Millbrook Drive, Shrewsbury is in very good condition we estimate a sale value of £389,610 and rental value of £1,409 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £345,083 and a rental value of £1,248 per month.
If you were able to purchase this property for the estimated value of £371,057, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,824 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, Millbrook Drive, Shrewsbury sits on a plot of 626m2.
We have plot size data on 42 out of 61 other houses in the postcode and 48, Millbrook Drive, Shrewsbury sits on the largest plot.
According to HM Land Registry, 48, Millbrook Drive, Shrewsbury was last sold on 14 Dec 2007 for £281,734 and was recorded as a leasehold house.
The property has only had this single sale since 1995.
Since Dec 2007, the market for similar properties has risen 49.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 48, Millbrook Drive, Shrewsbury within a radius of 71m over the last 2 years.
The most recent example is 71, Millbrook Drive, Shrewsbury, SY4 4PQ, a Freehold house which sold for £355,000 in Oct 2022.
Read more about house prices in SY4.
Millbrook Drive, Shawbury, Shrewsbury, SY4 has a total of 64 addresses. According to our analysis of all the public data, 48, Millbrook Drive, Shrewsbury is the 4th largest and the 4th most expensive property on the street.
When compared to the postcode district it is £39k more expensive than the average property in SY4.
The closest station to 48, Millbrook Drive, Shrewsbury is Yorton station which is 5.9 km 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, Millbrook Drive, Shrewsbury, 42.3% of property is privately owned with a mortgage and 38.9% 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, Millbrook Drive, Shrewsbury, 20.3% of residents are recorded as possessing school level qualifications and 31.1% 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 48, Millbrook Drive, Shrewsbury, the average age was 44 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 48, Millbrook Drive, Shrewsbury, 1.4% 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, Millbrook 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.