According to the public record, 5, Mayfield Gardens, Shrewsbury is a modern freehold house with 2,680 ft2 of internal area and sits on a 913 m2 plot.
Houses of this size in this area normally have 5 bedrooms with a garden.
Mayfield Gardens, Shrewsbury, SY2 is located within the SY2 postal district.
5, Mayfield Gardens, Shrewsbury has 21 entries in the Land Registry database, most recently in December 2019 and a single entry in the EPC database dated October 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 reasonable condition, we estimate the current sale value for 5 Mayfield Gardens Shrewsbury as £895,435 and the rental value as £2,501 per month giving an expected gross yield of 3.4%.
Over the last 12 months the sale value of 5 Mayfield Gardens Shrewsbury has decreased by £4,786 (0.5%) and its rental value has decreased by £40 per month (1.6%).
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 5, Mayfield Gardens, Shrewsbury is in very good condition we estimate a sale value of £940,206 and rental value of £2,626 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £832,754 and a rental value of £2,326 per month.
If you were able to purchase this property for the estimated value of £895,435, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £4,401 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, 5, Mayfield Gardens, Shrewsbury sits on a plot of 913m2.
We have plot size data on 6 out of 8 other houses in the postcode and 5, Mayfield Gardens, Shrewsbury sits on the 4th largest plot.
According to HM Land Registry, 5, Mayfield Gardens, Shrewsbury was last sold on 17 Dec 2019 for £680,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Dec 2019, the market for similar properties has risen 25.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 5, Mayfield Gardens, Shrewsbury within a radius of 830 metres over the last 2 years.
The most recent example is 3, Mayfield Gardens, Shrewsbury, SY2 6PZ, a Freehold house which sold for £892,500 in Jun 2023.
Read more about house prices in SY2.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Mayfield Gardens, Shrewsbury, SY2 has a total of 8 addresses. According to our analysis of all the public data, 5, Mayfield Gardens, Shrewsbury is the 6th largest and the 6th most expensive property on the street.
When compared to the postcode district it is £605k more expensive than the average property in SY2.
5, Mayfield Gardens, Shrewsbury has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 15 Oct 2019.
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 5, Mayfield Gardens, Shrewsbury is Shrewsbury station which is 2.0 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 5, Mayfield Gardens, Shrewsbury, 70.5% of property is privately owned outright and 23.5% 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 5, Mayfield Gardens, Shrewsbury, 8.8% of residents are recorded as possessing school level qualifications and 36.4% 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 5, Mayfield Gardens, Shrewsbury, the average age was 49 and the most common age was 72.
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 5, Mayfield Gardens, Shrewsbury, 0.0% 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 5, Mayfield Gardens, Shrewsbury, there are an average of 1.4 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.