According to the public record, 62, Primrose Drive, Shrewsbury is a mid-century freehold house with 1,345 ft2 of internal area and sits on a 382 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Primrose Drive, Shrewsbury, SY3 is located within the SY3 postal district.
62, Primrose Drive, Shrewsbury has 2 entries in the Land Registry database, most recently in June 2021 and a single entry in the EPC database dated June 2015.
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 62 Primrose Drive Shrewsbury as £383,450 and the rental value as £1,253 per month giving an expected gross yield of 3.9%.
Over the last 12 months the sale value of 62 Primrose Drive Shrewsbury has increased by £2,165 (0.6%) and its rental value has decreased by £3 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 62, Primrose Drive, Shrewsbury is in very good condition we estimate a sale value of £402,623 and rental value of £1,316 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £356,609 and a rental value of £1,165 per month.
If you were able to purchase this property for the estimated value of £383,450, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,885 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, 62, Primrose Drive, Shrewsbury sits on a plot of 382m2.
We have plot size data on 30 out of 45 other houses in the postcode and 62, Primrose Drive, Shrewsbury sits on the 16th largest plot.
According to HM Land Registry, 62, Primrose Drive, Shrewsbury was last sold on 01 Jun 2021 for £330,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Jun 2021, the market for similar properties has risen 12.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 62, Primrose Drive, Shrewsbury within a radius of 650 metres over the last 2 years.
The most recent example is 7, Honeysuckle Row, Shrewsbury, SY3 7TW, a Freehold house which sold for £300,000 in Nov 2023.
Read more about house prices in SY3.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Primrose Drive, Shrewsbury, SY3 has a total of 77 addresses. According to our analysis of all the public data, 62, Primrose Drive, Shrewsbury is the 5th largest and the 5th most expensive property on the street.
When compared to the postcode district it is £65k more expensive than the average property in SY3.
62, Primrose Drive, Shrewsbury has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 22 Jun 2015.
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 62, Primrose Drive, Shrewsbury is Shrewsbury station which is 1.7 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 62, Primrose Drive, Shrewsbury, 38.6% of property is privately owned outright and 29.9% is socially 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 62, Primrose Drive, Shrewsbury, 15.6% of residents are recorded as possessing school level qualifications and 22.8% 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 62, Primrose Drive, Shrewsbury, the average age was 45 and the most common age was 32.
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 62, Primrose Drive, Shrewsbury, 1.5% 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 62, Primrose Drive, 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.