According to the public record, 53, Falcons Way, Shrewsbury is a modern freehold house with 1,162 ft2 of internal area and sits on a 482 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Falcons Way, Shrewsbury, SY3 is located within the SY3 postal district.
53, Falcons Way, Shrewsbury has 41 entries in the Land Registry database, most recently in November 2014 and a single entry in the EPC database dated June 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 53 Falcons Way Shrewsbury as £403,654 and the rental value as £1,193 per month giving an expected gross yield of 3.5%.
Over the last 12 months the sale value of 53 Falcons Way Shrewsbury has decreased by £2,136 (0.5%) and its rental value has decreased by £4 per month (0.3%).
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 53, Falcons Way, Shrewsbury is in very good condition we estimate a sale value of £423,836 and rental value of £1,253 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £375,398 and a rental value of £1,110 per month.
If you were able to purchase this property for the estimated value of £403,654, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,984 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, 53, Falcons Way, Shrewsbury sits on a plot of 482m2.
We have plot size data on 28 out of 49 other houses in the postcode and 53, Falcons Way, Shrewsbury sits on the 13th largest plot.
According to HM Land Registry, 53, Falcons Way, Shrewsbury was last sold on 11 Nov 2014 for £250,000 and was recorded as a freehold house.
The property has had 4 sales since 1995.
Since Nov 2014, the market for similar properties has risen 40.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 53, Falcons Way, Shrewsbury within a radius of 710 metres over the last 2 years.
The most recent example is 9, Whitty Close, Shrewsbury, SY5 8QA, a Freehold house which sold for £387,500 in Jun 2023.
Read more about house prices in SY3.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Falcons Way, Shrewsbury, SY3 has a total of 87 addresses. According to our analysis of all the public data, 53, Falcons Way, Shrewsbury is the 9th largest and the 9th most expensive property on the street.
When compared to the postcode district it is £86k more expensive than the average property in SY3.
53, Falcons Way, Shrewsbury has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 02 Jun 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 53, Falcons Way, Shrewsbury is Shrewsbury station which is 3.0 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 53, Falcons Way, Shrewsbury, 53.7% of property is privately owned outright and 33.3% 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 53, Falcons Way, Shrewsbury, 12.8% of residents are recorded as possessing school level qualifications and 40.9% 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 53, Falcons Way, 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 53, Falcons Way, Shrewsbury, 3.3% 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 53, Falcons Way, 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.