According to the public record, 5, The Ridings, Shrewsbury is a mid-century freehold house with 484 ft2 of internal area and sits on a 136 m2 plot.
Houses of this size in this area normally have 2 bedrooms with a garden.
The Ridings, Bicton Heath, Shrewsbury, SY3 is located within the SY3 postal district.
5, The Ridings, Shrewsbury has 31 entries in the Land Registry database, most recently in October 2023 and a single entry in the EPC database dated June 2023.
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 The Ridings Shrewsbury as £135,551 and the rental value as £587 per month giving an expected gross yield of 5.2%.
Over the last 12 months the sale value of 5 The Ridings Shrewsbury has increased by £2,879 (2.1%) and its rental value has increased by £14 per month (2.4%).
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, The Ridings, Shrewsbury is in very good condition we estimate a sale value of £142,329 and rental value of £616 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £126,063 and a rental value of £546 per month.
If you were able to purchase this property for the estimated value of £135,551, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £666 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, The Ridings, Shrewsbury sits on a plot of 136m2.
We have plot size data on 12 out of 22 other houses in the postcode and 5, The Ridings, Shrewsbury sits on the 5th largest plot.
According to HM Land Registry, 5, The Ridings, Shrewsbury was last sold on 12 Oct 2023 for £127,500 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since Oct 2023, the market for similar properties has risen 2.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 5, The Ridings, Shrewsbury within a radius of 640 metres over the last 2 years.
The most recent example is 20, Squires Court, Shrewsbury, SY3 5DP, a Freehold house which sold for £150,000 in Sep 2023.
Read more about house prices in SY3.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
The Ridings, Bicton Heath, Shrewsbury, SY3 has a total of 65 addresses. According to our analysis of all the public data, 5, The Ridings, Shrewsbury is the 23rd largest and the 32nd most expensive property on the street.
When compared to the postcode district it is £183k less expensive than the average property in SY3.
5, The Ridings, Shrewsbury has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 07 Jun 2023.
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, The Ridings, Shrewsbury is Shrewsbury station which is 3.9 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, The Ridings, Shrewsbury, 36.3% of property is privately rented and 33.1% 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, The Ridings, Shrewsbury, 10.2% 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, The Ridings, Shrewsbury, the average age was 42.6 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, The Ridings, Shrewsbury, 1.2% 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, The Ridings, 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.