According to the public record, 5, Oteley Road, Shrewsbury is a modern freehold house with 1,560 ft2 of internal area and sits on a 485 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Oteley Road, Shrewsbury, SY2 is located within the SY2 postal district.
5, Oteley Road, Shrewsbury has a single entry in the Land Registry database from August 2020 and a single entry in the EPC database dated December 2018.
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 Oteley Road Shrewsbury as £408,315 and the rental value as £1,378 per month giving an expected gross yield of 4.1%.
Over the last 12 months the sale value of 5 Oteley Road Shrewsbury has increased by £948 (0.2%) and its rental value has decreased by £8 per month (0.6%).
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, Oteley Road, Shrewsbury is in very good condition we estimate a sale value of £428,731 and rental value of £1,447 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £379,733 and a rental value of £1,282 per month.
If you were able to purchase this property for the estimated value of £408,315, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,007 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, Oteley Road, Shrewsbury sits on a plot of 485m2.
We have plot size data on 15 out of 19 other houses in the postcode and 5, Oteley Road, Shrewsbury sits on the 4th largest plot.
According to HM Land Registry, 5, Oteley Road, Shrewsbury was last sold on 10 Aug 2020 for £377,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Aug 2020, the market for similar properties has risen 19.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 5, Oteley Road, Shrewsbury within a radius of 790 metres over the last 2 years.
The most recent example is 3, Oteley Road, Shrewsbury, SY2 6GD, a Freehold house which sold for £369,500 in Jan 2020.
Read more about house prices in SY2.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Oteley Road, Shrewsbury, SY2 has a total of 34 addresses. According to our analysis of all the public data, 5, Oteley Road, Shrewsbury is the 7th largest and the 9th most expensive property on the street.
When compared to the postcode district it is £118k more expensive than the average property in SY2.
5, Oteley Road, Shrewsbury has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 20 Dec 2018.
The property is not connected to mains gas and has high performance glazing. It is heated using a boiler and radiators.
The closest station to 5, Oteley Road, Shrewsbury is Shrewsbury station which is 2.7 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, Oteley Road, Shrewsbury, 52.9% of property is privately owned outright and 24.4% 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, Oteley Road, Shrewsbury, 10.9% of residents are recorded as possessing school level qualifications and 29.9% 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, Oteley Road, Shrewsbury, the average age was 45 and the most common age was 32.
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, Oteley Road, 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, Oteley Road, Shrewsbury, there are an average of 1.3 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.