According to the public record, 53, Meadowbout Way, Shrewsbury is a modern freehold house with 1,356 ft2 of internal area and sits on a 300 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Meadowbout Way, Bowbrook, Shrewsbury, SY5 is located within the SY5 postal district.
53, Meadowbout Way, Shrewsbury has a single entry in the Land Registry database from December 2017 and a single entry in the EPC database dated October 2017.
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 Meadowbout Way Shrewsbury as £426,094 and the rental value as £1,188 per month giving an expected gross yield of 3.3%.
Over the last 12 months the sale value of 53 Meadowbout Way Shrewsbury has decreased by £3,277 (0.8%) and its rental value has decreased by £7 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 53, Meadowbout Way, Shrewsbury is in very good condition we estimate a sale value of £447,399 and rental value of £1,248 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £396,268 and a rental value of £1,105 per month.
If you were able to purchase this property for the estimated value of £426,094, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,094 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, Meadowbout Way, Shrewsbury sits on a plot of 300m2.
We have plot size data on 59 out of 59 other houses in the postcode and 53, Meadowbout Way, Shrewsbury sits on the 27th largest plot.
According to HM Land Registry, 53, Meadowbout Way, Shrewsbury was last sold on 08 Dec 2017 for £381,995 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Dec 2017, the market for similar properties has risen 29.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 53, Meadowbout Way, Shrewsbury within a radius of 990 metres over the last 2 years.
The most recent example is 59, Meadowbout Way, Shrewsbury, SY5 8QB, a Freehold house which sold for £346,000 in Sep 2021.
Read more about house prices in SY5.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Meadowbout Way, Bowbrook, Shrewsbury, SY5 has a total of 90 addresses. According to our analysis of all the public data, 53, Meadowbout Way, Shrewsbury is the 18th largest and the 16th most expensive property on the street.
When compared to the postcode district it is £96k more expensive than the average property in SY5.
53, Meadowbout Way, Shrewsbury has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 24 Oct 2017.
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 53, Meadowbout Way, Shrewsbury is Shrewsbury station which is 3.3 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, Meadowbout Way, Shrewsbury, 81.0% of property is socially rented and 13.5% is privately rented.
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, Meadowbout Way, Shrewsbury, 25.8% of residents are recorded as possessing school level qualifications and 18.3% 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, Meadowbout 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, Meadowbout Way, Shrewsbury, 0.4% 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, Meadowbout Way, Shrewsbury, there are an average of 0.8 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.