According to the public record, 5, Mcgredy Drive, Shrewsbury is a mid-century freehold house with 1,216 ft2 of internal area and sits on a 472 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Mcgredy Drive, Shrewsbury, SY2 is located within the SY2 postal district.
5, Mcgredy Drive, Shrewsbury has a single entry in the Land Registry database from November 2011 and a single entry in the EPC database dated December 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 5 Mcgredy Drive Shrewsbury as £326,504 and the rental value as £1,215 per month giving an expected gross yield of 4.5%.
Over the last 12 months the sale value of 5 Mcgredy Drive Shrewsbury has increased by £862 (0.3%) and its rental value has decreased by £10 per month (0.8%).
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, Mcgredy Drive, Shrewsbury is in very good condition we estimate a sale value of £342,829 and rental value of £1,275 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £303,648 and a rental value of £1,130 per month.
If you were able to purchase this property for the estimated value of £326,504, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,605 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, Mcgredy Drive, Shrewsbury sits on a plot of 472m2.
We have plot size data on 4 out of 7 other houses in the postcode and 5, Mcgredy Drive, Shrewsbury sits on the 4th largest plot.
According to HM Land Registry, 5, Mcgredy Drive, Shrewsbury was last sold on 25 Nov 2011 for £200,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Nov 2011, the market for similar properties has risen 60.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 5, Mcgredy Drive, Shrewsbury within a radius of 630 metres over the last 2 years.
The most recent example is 79, Portland Crescent, Shrewsbury, SY2 5NL, a Freehold house which sold for £330,000 in Jan 2023.
Read more about house prices in SY2.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Mcgredy Drive, Shrewsbury, SY2 has a total of 7 addresses. According to our analysis of all the public data, 5, Mcgredy Drive, Shrewsbury is the largest and the most expensive property on the street.
When compared to the postcode district it is £36k more expensive than the average property in SY2.
5, Mcgredy Drive, Shrewsbury has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 08 Dec 2015.
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, Mcgredy 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 5, Mcgredy Drive, Shrewsbury, 63.1% of property is privately owned outright and 22.3% 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, Mcgredy Drive, Shrewsbury, 13.8% of residents are recorded as possessing school level qualifications and 36.3% 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, Mcgredy Drive, 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, Mcgredy Drive, Shrewsbury, 1.5% 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, Mcgredy Drive, Shrewsbury, there are an average of 1.2 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.