According to the public record, 57, Severn Way, Shrewsbury is a modern freehold house and with 830 ft2 of internal area and sits on a 406 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Severn Way, Cressage, Shrewsbury, SY5 is located within the SY5 postal district.
57, Severn Way, Shrewsbury has a single entry in the Land Registry database from December 2008 and no records in the EPC database.
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 57 Severn Way Shrewsbury as £252,460 and the rental value as £915 per month giving an expected gross yield of 4.3%.
Over the last 12 months the sale value of 57 Severn Way Shrewsbury has increased by £3,996 (1.6%) and its rental value has increased by £21 per month (2.3%).
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 57, Severn Way, Shrewsbury is in very good condition we estimate a sale value of £265,083 and rental value of £960 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £234,788 and a rental value of £851 per month.
If you were able to purchase this property for the estimated value of £252,460, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,241 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, 57, Severn Way, Shrewsbury sits on a plot of 406m2.
We have plot size data on 61 out of 97 other houses in the postcode and 57, Severn Way, Shrewsbury sits on the 20th largest plot.
According to HM Land Registry, 57, Severn Way, Shrewsbury was last sold on 22 Dec 2008 for £165,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Dec 2008, the market for similar properties has risen 60.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 57, Severn Way, Shrewsbury within a radius of 245m over the last 2 years.
The most recent example is 1, The Moors, Shrewsbury, SY5 6DA, a Freehold house which sold for £230,000 in Mar 2024.
Read more about house prices in SY5.
Severn Way, Cressage, Shrewsbury, SY5 has a total of 97 addresses. According to our analysis of all the public data, 57, Severn Way, Shrewsbury is the 72nd largest and the 73rd most expensive property on the street.
When compared to the postcode district it is £78k less expensive than the average property in SY5.
57, Severn Way, Shrewsbury has an Energy Performance Rating (EPC) of G. This is based on the most recent assessment, dated 08 Oct 2008.
The property is not connected to mains gas and has fully double glazed windows. It is heated using an LPG fired boiler and radiators.
The closest station to 57, Severn Way, Shrewsbury is Wellington (Shropshire) station which is 9.5 km 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 57, Severn Way, Shrewsbury, 57.8% of property is privately owned outright and 21.9% 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 57, Severn Way, Shrewsbury, 11.5% of residents are recorded as possessing school level qualifications and 30.1% 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 57, Severn Way, Shrewsbury, the average age was 46.3 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 57, Severn Way, 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 57, Severn Way, Shrewsbury, there are an average of 1.5 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.