According to the public record, 7, Soulton Road, Shrewsbury is a freehold house.
By comparing it to neighbours, we estimate that it is a mid-century house with 1,450 ft2 of internal area and a garden.
Houses of this size in this area normally have 4 bedrooms.
Soulton Road, Wem, Shrewsbury, SY4 is located within the SY4 postal district.
7, Soulton Road, Shrewsbury has a single entry in the Land Registry database from March 2007 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 7 Soulton Road Shrewsbury as £346,582 and the rental value as £1,241 per month giving an expected gross yield of 4.3%.
Over the last 12 months the sale value of 7 Soulton Road Shrewsbury has increased by £6,436 (1.9%) and its rental value has increased by £15 per month (1.2%).
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, Soulton Road, Shrewsbury is in very good condition we estimate a sale value of £363,912 and rental value of £1,303 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £322,322 and a rental value of £1,154 per month.
If you were able to purchase this property for the estimated value of £346,582, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,703 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 HM Land Registry, 7, Soulton Road, Shrewsbury was last sold on 01 Mar 2007 for £250,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Mar 2007, the market for similar properties has risen 47.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 7, Soulton Road, Shrewsbury within a radius of 251m over the last 2 years.
The most recent example is Stepley, Kynaston Drive, Shrewsbury, SY4 5DE, a Freehold house which sold for £445,000 in Jun 2024.
Read more about house prices in SY4.
Soulton Road, Wem, Shrewsbury, SY4 has a total of 73 addresses. According to our analysis of all the public data, 7, Soulton Road, Shrewsbury is the 33rd largest and the 38th most expensive property on the street.
When compared to the postcode district it is £14k more expensive than the average property in SY4.
The closest station to 7, Soulton Road, Shrewsbury is Wem station which is 400 m 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, Soulton Road, Shrewsbury, 65.9% of property is privately owned outright and 22.5% 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 7, Soulton Road, Shrewsbury, 14.2% of residents are recorded as possessing school level qualifications and 28.2% 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, Soulton Road, Shrewsbury, the average age was 45.1 and the most common age was 17.
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, Soulton Road, 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 7, Soulton Road, 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.