According to the public record, 8, Downey Ridge, Shrewsbury is a modern freehold house with 1,291 ft2 of internal area and sits on a 295 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Downey Ridge, Bayston Hill, Shrewsbury, SY3 is located within the SY3 postal district.
8, Downey Ridge, Shrewsbury has a single entry in the Land Registry database from January 2017 and a single entry in the EPC database dated January 2016.
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 Downey Ridge Shrewsbury as £411,623 and the rental value as £1,234 per month giving an expected gross yield of 3.6%.
Over the last 12 months the sale value of 8 Downey Ridge Shrewsbury has increased by £273 (0.1%) and its rental value has increased by £1 per month (0.1%).
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, Downey Ridge, Shrewsbury is in very good condition we estimate a sale value of £432,205 and rental value of £1,296 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £382,810 and a rental value of £1,147 per month.
If you were able to purchase this property for the estimated value of £411,623, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,023 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, Downey Ridge, Shrewsbury sits on a plot of 295m2.
We have plot size data on 10 out of 10 other houses in the postcode and 8, Downey Ridge, Shrewsbury sits on the 6th largest plot.
According to HM Land Registry, 8, Downey Ridge, Shrewsbury was last sold on 06 Jan 2017 for £329,950 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Jan 2017, the market for similar properties has risen 33.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 8, Downey Ridge, Shrewsbury within a radius of 1.0 kilometres over the last 2 years.
The most recent example is 7, Downey Ridge, Shrewsbury, SY3 0BF, a Freehold house which sold for £418,000 in Jun 2023.
Read more about house prices in SY3.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Downey Ridge, Bayston Hill, Shrewsbury, SY3 has a total of 10 addresses. According to our analysis of all the public data, 8, Downey Ridge, Shrewsbury is the 5th largest and the 5th most expensive property on the street.
When compared to the postcode district it is £94k more expensive than the average property in SY3.
8, Downey Ridge, Shrewsbury has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 31 Jan 2016.
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 8, Downey Ridge, Shrewsbury is Shrewsbury station which is 4.0 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 8, Downey Ridge, Shrewsbury, 56.1% of property is privately owned outright and 36.0% 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 8, Downey Ridge, Shrewsbury, 14.9% of residents are recorded as possessing school level qualifications and 36.8% 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, Downey Ridge, Shrewsbury, the average age was 44.5 and the most common age was 57.
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, Downey Ridge, Shrewsbury, 0.7% 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, Downey Ridge, Shrewsbury, there are an average of 1.6 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.