According to the public record, 7, Drinkwater Street, Shrewsbury is a period freehold house with 441 ft2 of internal area and sits on a 77.5 m2 plot.
Houses of this size in this area normally have 2 bedrooms with a garden.
Drinkwater Street, Shrewsbury, SY3 is located within the SY3 postal district.
7, Drinkwater Street, Shrewsbury has 3 entries in the Land Registry database, most recently in May 2024 and a single entry in the EPC database dated August 2014.
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 Drinkwater Street Shrewsbury as £200,273 and the rental value as £704 per month giving an expected gross yield of 4.2%.
Over the last 12 months the sale value of 7 Drinkwater Street Shrewsbury has increased by £4,354 (2.2%) and its rental value has increased by £16 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 7, Drinkwater Street, Shrewsbury is in very good condition we estimate a sale value of £210,287 and rental value of £739 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £186,254 and a rental value of £654 per month.
If you were able to purchase this property for the estimated value of £200,273, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £984 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, Drinkwater Street, Shrewsbury sits on a plot of 77m2.
We have plot size data on 6 out of 7 other houses in the postcode and 7, Drinkwater Street, Shrewsbury sits on the 4th largest plot.
According to HM Land Registry, 7, Drinkwater Street, Shrewsbury was last sold on 31 May 2024 for £173,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since May 2024, the market for similar properties has risen 0.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 7, Drinkwater Street, Shrewsbury within a radius of 650 metres over the last 2 years.
The most recent example is 8, Hermitage Walk, Shrewsbury, SY3 8PX, a Freehold house which sold for £217,500 in Sep 2023.
Read more about house prices in SY3.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Drinkwater Street, Shrewsbury, SY3 has a total of 7 addresses. According to our analysis of all the public data, 7, Drinkwater Street, Shrewsbury is the 7th largest and the 7th most expensive property on the street.
When compared to the postcode district it is £118k less expensive than the average property in SY3.
7, Drinkwater Street, Shrewsbury has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 22 Aug 2014.
The property is connected to mains gas and has partial double glazing. It is heated using a boiler and radiators.
The closest station to 7, Drinkwater Street, Shrewsbury is Shrewsbury station which is 800 metres 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, Drinkwater Street, Shrewsbury, 40.3% of property is privately owned outright and 35.3% 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 7, Drinkwater Street, Shrewsbury, 12.4% of residents are recorded as possessing school level qualifications and 46.5% 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, Drinkwater Street, 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, Drinkwater Street, Shrewsbury, 2.5% 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 7, Drinkwater Street, Shrewsbury, there are an average of 1.1 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.