According to the public record, 8, Chapel Street, Shrewsbury is a period freehold house and with 678 ft2 of internal area and sits on a 22 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Chapel Street, Wem, Shrewsbury, SY4 is located within the SY4 postal district.
8, Chapel Street, Shrewsbury has 21 entries in the Land Registry database, most recently in July 2007 and no records in the EPC database.
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 8 Chapel Street Shrewsbury as £153,018 and the rental value as £668 per month giving an expected gross yield of 5.2%.
Over the last 12 months the sale value of 8 Chapel Street Shrewsbury has increased by £6,810 (4.5%) and its rental value has increased by £25 per month (3.7%).
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 8, Chapel Street, Shrewsbury is in very good condition we estimate a sale value of £160,668 and rental value of £702 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £142,306 and a rental value of £622 per month.
If you were able to purchase this property for the estimated value of £153,018, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £752 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, 8, Chapel Street, Shrewsbury sits on a plot of 22m2.
We have plot size data on 16 out of 27 other houses in the postcode and 8, Chapel Street, Shrewsbury sits on the 15th largest plot.
According to HM Land Registry, 8, Chapel Street, Shrewsbury was last sold on 13 Jul 2007 for £110,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Jul 2007, the market for similar properties has risen 41.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 8, Chapel Street, Shrewsbury within a radius of 291m over the last 2 years.
The most recent example is 35, New Street, Shrewsbury, SY4 5AE, a Freehold house which sold for £120,000 in May 2023.
Read more about house prices in SY4.
Chapel Street, Wem, Shrewsbury, SY4 has a total of 34 addresses. According to our analysis of all the public data, 8, Chapel Street, Shrewsbury is the 23rd largest and the 21st most expensive property on the street.
When compared to the postcode district it is £179k less expensive than the average property in SY4.
8, Chapel Street, Shrewsbury has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 02 Sep 2021.
The property is connected to mains gas and has mostly double glazing. It is heated using a boiler and radiators.
The closest station to 8, Chapel Street, 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 8, Chapel Street, Shrewsbury, 33.5% of property is privately rented and 24.4% 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 8, Chapel Street, Shrewsbury, 17.3% of residents are recorded as possessing school level qualifications and 23.7% 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 8, Chapel Street, 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 8, Chapel Street, Shrewsbury, 1.3% 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 8, Chapel 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.