According to the public record, 7, Drakes Way, Malpas is a mid-century freehold house with 1,108 ft2 of internal area and sits on a 457 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Drakes Way, Oathills, Malpas, SY14 is located within the SY14 postal district.
7, Drakes Way, Malpas has 2 entries in the Land Registry database, most recently in September 2021 and a single entry in the EPC database dated July 2021.
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 7 Drakes Way Malpas as £332,424 and the rental value as £1,314 per month giving an expected gross yield of 4.7%.
Over the last 12 months the sale value of 7 Drakes Way Malpas has increased by £1,232 (0.4%) and its rental value has increased by £63 per month (4.8%).
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, Drakes Way, Malpas is in very good condition we estimate a sale value of £349,046 and rental value of £1,380 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £309,155 and a rental value of £1,222 per month.
If you were able to purchase this property for the estimated value of £332,424, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,634 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, Drakes Way, Malpas sits on a plot of 457m2.
We have plot size data on 4 out of 6 other houses in the postcode and 7, Drakes Way, Malpas sits on the 4th largest plot.
According to HM Land Registry, 7, Drakes Way, Malpas was last sold on 24 Sep 2021 for £307,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Sep 2021, the market for similar properties has risen 6.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 7, Drakes Way, Malpas within a radius of 3.8 kilometres over the last 2 years.
The most recent example is 4, Oathills, Malpas, SY14 8HX, a Freehold house which sold for £300,000 in Dec 2022.
Read more about house prices in SY14.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Drakes Way, Oathills, Malpas, SY14 has a total of 6 addresses. According to our analysis of all the public data, 7, Drakes Way, Malpas is the 3rd largest and the 3rd most expensive property on the street.
When compared to the postcode district it is £6k less expensive than the average property in SY14.
7, Drakes Way, Malpas has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 20 Jul 2021.
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 7, Drakes Way, Malpas is Whitchurch (Shropshire) station which is 9.1 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, Drakes Way, Malpas, 43.1% of property is socially rented and 20.3% 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, Drakes Way, Malpas, 12.0% of residents are recorded as possessing school level qualifications and 24.5% 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, Drakes Way, Malpas, the average age was 44.7 and the most common age was 52.
The graph below shows how this compares to North West 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, Drakes Way, Malpas, 0.0% of property was a second home.
Comparison figures for North West 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, Drakes Way, Malpas, there are an average of 1.1 cars per household.
See below for how this compares to North West and the rest of England & Wales.