According to the public record, 5, Racecourse Avenue, Shrewsbury is a early-century freehold house with 925 ft2 of internal area and sits on a 291 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Racecourse Avenue, Shrewsbury, SY2 is located within the SY2 postal district.
5, Racecourse Avenue, Shrewsbury has 3 entries in the Land Registry database, most recently in January 2022 and a single entry in the EPC database dated July 2014.
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 Racecourse Avenue Shrewsbury as £247,051 and the rental value as £1,009 per month giving an expected gross yield of 4.9%.
Over the last 12 months the sale value of 5 Racecourse Avenue Shrewsbury has increased by £4,175 (1.7%) and its rental value has increased by £6 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, Racecourse Avenue, Shrewsbury is in very good condition we estimate a sale value of £259,403 and rental value of £1,060 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £229,757 and a rental value of £939 per month.
If you were able to purchase this property for the estimated value of £247,051, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,214 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, Racecourse Avenue, Shrewsbury sits on a plot of 291m2.
We have plot size data on 30 out of 42 other houses in the postcode and 5, Racecourse Avenue, Shrewsbury sits on the 20th largest plot.
According to HM Land Registry, 5, Racecourse Avenue, Shrewsbury was last sold on 21 Jan 2022 for £200,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since Jan 2022, the market for similar properties has risen 9.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 5, Racecourse Avenue, Shrewsbury within a radius of 550 metres over the last 2 years.
The most recent example is 42, Racecourse Avenue, Shrewsbury, SY2 5BU, a Freehold house which sold for £245,000 in Nov 2023.
Read more about house prices in SY2.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Racecourse Avenue, Shrewsbury, SY2 has a total of 62 addresses. According to our analysis of all the public data, 5, Racecourse Avenue, Shrewsbury is the 20th largest and the 9th most expensive property on the street.
When compared to the postcode district it is £43k less expensive than the average property in SY2.
5, Racecourse Avenue, Shrewsbury has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 16 Jul 2014.
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, Racecourse Avenue, Shrewsbury is Shrewsbury station which is 900 metres 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, Racecourse Avenue, Shrewsbury, 39.9% of property is socially rented and 25.4% 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 5, Racecourse Avenue, Shrewsbury, 22.3% of residents are recorded as possessing school level qualifications and 29.2% 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, Racecourse Avenue, Shrewsbury, the average age was 41 and the most common age was 52.
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, Racecourse Avenue, 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, Racecourse Avenue, 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.