According to the public record, 7, Bright Row, Shrewsbury is a modern freehold house with 785 ft2 of internal area and sits on a 171 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Bright Row, Shrewsbury, SY3 is located within the SY3 postal district.
7, Bright Row, Shrewsbury has a single entry in the Land Registry database from November 2020 and a single entry in the EPC database dated January 2020.
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 good condition, we estimate the current sale value for 7 Bright Row Shrewsbury as £285,209 and the rental value as £1,007 per month giving an expected gross yield of 4.2%.
Over the last 12 months the sale value of 7 Bright Row Shrewsbury has increased by £396 (0.1%) and its rental value has increased 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 7, Bright Row, Shrewsbury is in very good condition we estimate a sale value of £299,469 and rental value of £1,058 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £265,244 and a rental value of £937 per month.
If you were able to purchase this property for the estimated value of £285,209, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,402 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, 7, Bright Row, Shrewsbury sits on a plot of 171m2.
We have plot size data on 10 out of 11 other houses in the postcode and 7, Bright Row, Shrewsbury sits on the 5th largest plot.
According to HM Land Registry, 7, Bright Row, Shrewsbury was last sold on 02 Nov 2020 for £256,500 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Nov 2020, the market for similar properties has risen 12.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 7, Bright Row, Shrewsbury within a radius of 720 metres over the last 2 years.
The most recent example is 29, Whitfield Crescent, Shrewsbury, SY3 8FD, a Freehold house which sold for £266,995 in Jan 2022.
Read more about house prices in SY3.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Bright Row, Shrewsbury, SY3 has a total of 13 addresses. According to our analysis of all the public data, 7, Bright Row, Shrewsbury is the 5th largest and the 5th most expensive property on the street.
When compared to the postcode district it is £33k less expensive than the average property in SY3.
7, Bright Row, Shrewsbury has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 03 Jan 2020.
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 7, Bright Row, Shrewsbury is Shrewsbury station which is 1.5 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 7, Bright Row, Shrewsbury, 40.5% of property is privately owned with a mortgage and 34.5% is privately owned outright.
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 7, Bright Row, Shrewsbury, 24.8% of residents are recorded as possessing school level qualifications and 46.6% 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 7, Bright Row, Shrewsbury, the average age was 45.7 and the most common age was 27.
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 7, Bright Row, Shrewsbury, 1.0% 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 7, Bright Row, 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.