According to the public record, 5, School Lane, Shrewsbury is a modern freehold house with 1,442 ft2 of internal area and sits on a 506 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
School Lane, Ford, Shrewsbury, SY5 is located within the SY5 postal district.
5, School Lane, Shrewsbury has a single entry in the Land Registry database from April 2017 and a single entry in the EPC database dated April 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 School Lane Shrewsbury as £400,387 and the rental value as £1,154 per month giving an expected gross yield of 3.5%.
Over the last 12 months the sale value of 5 School Lane Shrewsbury has decreased by £7,942 (2.0%) and its rental value has increased by £5 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 5, School Lane, Shrewsbury is in very good condition we estimate a sale value of £420,406 and rental value of £1,212 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £372,360 and a rental value of £1,074 per month.
If you were able to purchase this property for the estimated value of £400,387, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,968 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, School Lane, Shrewsbury sits on a plot of 506m2.
We have plot size data on 3 out of 5 other houses in the postcode and 5, School Lane, Shrewsbury sits on the largest plot.
According to HM Land Registry, 5, School Lane, Shrewsbury was last sold on 28 Apr 2017 for £265,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Apr 2017, the market for similar properties has risen 35.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 5, School Lane, Shrewsbury within a radius of 3.9 kilometres over the last 2 years.
The most recent example is 1, Quail Ridge, Shrewsbury, SY5 9LF, a Freehold house which sold for £385,000 in Sep 2022.
Read more about house prices in SY5.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
School Lane, Ford, Shrewsbury, SY5 has a total of 5 addresses. According to our analysis of all the public data, 5, School Lane, Shrewsbury is the largest and the most expensive property on the street.
When compared to the postcode district it is £70k more expensive than the average property in SY5.
5, School Lane, Shrewsbury has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 16 Apr 2018.
The property is not connected to mains gas and has high performance glazing. It is heated using an electric air source heat pump and underfloor heating.
The closest station to 5, School Lane, Shrewsbury is Shrewsbury station which is 7.9 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, School Lane, Shrewsbury, 44.7% of property is socially rented and 24.5% 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, School Lane, Shrewsbury, 20.8% of residents are recorded as possessing school level qualifications and 23.7% 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, School Lane, Shrewsbury, the average age was 45.9 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 5, School Lane, Shrewsbury, 0.6% 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, School Lane, 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.