According to the public record, 8, Meole Walk, Shrewsbury is a early-century freehold house with 881 ft2 of internal area and sits on a 298 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Meole Walk, Shrewsbury, SY3 is located within the SY3 postal district.
8, Meole Walk, Shrewsbury has 21 entries in the Land Registry database, most recently in November 2016 and a single entry in the EPC database dated April 2009.
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 Meole Walk Shrewsbury as £290,274 and the rental value as £1,030 per month giving an expected gross yield of 4.3%.
Over the last 12 months the sale value of 8 Meole Walk Shrewsbury has increased by £2,654 (0.9%) and its rental value has increased by £11 per month (1.1%).
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, Meole Walk, Shrewsbury is in very good condition we estimate a sale value of £304,788 and rental value of £1,082 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £269,955 and a rental value of £958 per month.
If you were able to purchase this property for the estimated value of £290,274, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,427 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, Meole Walk, Shrewsbury sits on a plot of 298m2.
We have plot size data on 18 out of 35 other houses in the postcode and 8, Meole Walk, Shrewsbury sits on the 17th largest plot.
According to HM Land Registry, 8, Meole Walk, Shrewsbury was last sold on 18 Nov 2016 for £222,500 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Nov 2016, the market for similar properties has risen 34.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 8, Meole Walk, Shrewsbury within a radius of 770 metres over the last 2 years.
The most recent example is 50, Meole Crescent, Shrewsbury, SY3 9ER, a Freehold house which sold for £225,000 in Jul 2023.
Read more about house prices in SY3.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Meole Walk, Shrewsbury, SY3 has a total of 35 addresses. According to our analysis of all the public data, 8, Meole Walk, Shrewsbury is the 22nd largest and the 16th most expensive property on the street.
When compared to the postcode district it is £28k less expensive than the average property in SY3.
8, Meole Walk, Shrewsbury has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 15 Apr 2009.
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, Meole Walk, Shrewsbury is Shrewsbury station which is 2.3 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, Meole Walk, Shrewsbury, 44.7% of property is privately owned outright and 44.7% 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, Meole Walk, Shrewsbury, 19.7% of residents are recorded as possessing school level qualifications and 44.0% 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, Meole Walk, Shrewsbury, the average age was 42.9 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, Meole Walk, Shrewsbury, 1.6% 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, Meole Walk, 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.