According to the public record, 8, Hermitage Walk, Shrewsbury is a period freehold house with 505 ft2 of internal area and sits on a 64.2 m2 plot.
Houses of this size in this area normally have 2 bedrooms with a garden.
Hermitage Walk, Shrewsbury, SY3 is located within the SY3 postal district.
8, Hermitage Walk, Shrewsbury has 41 entries in the Land Registry database, most recently in September 2023 and a single entry in the EPC database dated August 2017.
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 Hermitage Walk Shrewsbury as £210,808 and the rental value as £765 per month giving an expected gross yield of 4.4%.
Over the last 12 months the sale value of 8 Hermitage Walk Shrewsbury has increased by £4,583 (2.2%) and its rental value has increased by £18 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 8, Hermitage Walk, Shrewsbury is in very good condition we estimate a sale value of £221,348 and rental value of £803 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £196,051 and a rental value of £711 per month.
If you were able to purchase this property for the estimated value of £210,808, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,036 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, Hermitage Walk, Shrewsbury sits on a plot of 64m2.
We have plot size data on 6 out of 7 other houses in the postcode and 8, Hermitage Walk, Shrewsbury sits on the 6th largest plot.
According to HM Land Registry, 8, Hermitage Walk, Shrewsbury was last sold on 15 Sep 2023 for £217,500 and was recorded as a freehold house.
The property has had 4 sales since 1995.
Since Sep 2023, the market for similar properties has risen 1.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 8, Hermitage Walk, Shrewsbury within a radius of 680 metres over the last 2 years.
The most recent example is 7, Drinkwater Street, Shrewsbury, SY3 8PY, a Freehold house which sold for £173,000 in May 2024.
Read more about house prices in SY3.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Hermitage Walk, Shrewsbury, SY3 has a total of 7 addresses. According to our analysis of all the public data, 8, Hermitage Walk, Shrewsbury is the 7th largest and the 7th most expensive property on the street.
When compared to the postcode district it is £107k less expensive than the average property in SY3.
8, Hermitage Walk, Shrewsbury has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 14 Aug 2017.
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 8, Hermitage Walk, 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 8, Hermitage Walk, 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 8, Hermitage Walk, 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 8, Hermitage Walk, 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 8, Hermitage Walk, 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 8, Hermitage Walk, 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.