According to the public record, 8, Mountwood Park, Shrewsbury is a modern freehold house with 1,915 ft2 of internal area and sits on a 906 m2 plot.
Houses of this size in this area normally have 5 bedrooms with a garden.
Mountwood Park, Shrewsbury, SY3 is located within the SY3 postal district.
8, Mountwood Park, Shrewsbury has 41 entries in the Land Registry database, most recently in September 2022 and a single entry in the EPC database dated June 2022.
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 Mountwood Park Shrewsbury as £659,957 and the rental value as £1,676 per month giving an expected gross yield of 3%.
Over the last 12 months the sale value of 8 Mountwood Park Shrewsbury has decreased by £9,820 (1.5%) and its rental value has decreased by £21 per month (1.3%).
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, Mountwood Park, Shrewsbury is in very good condition we estimate a sale value of £692,955 and rental value of £1,760 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £613,760 and a rental value of £1,558 per month.
If you were able to purchase this property for the estimated value of £659,957, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £3,243 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, Mountwood Park, Shrewsbury sits on a plot of 906m2.
We have plot size data on 7 out of 17 other houses in the postcode and 8, Mountwood Park, Shrewsbury sits on the 4th largest plot.
According to HM Land Registry, 8, Mountwood Park, Shrewsbury was last sold on 21 Sep 2022 for £680,000 and was recorded as a freehold house.
The property has had 4 sales since 1995.
Since Sep 2022, the market for similar properties has dropped 2.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 8, Mountwood Park, Shrewsbury within a radius of 910 metres over the last 2 years.
The most recent example is 2, Beaufort Ridge, Shrewsbury, SY3 8BQ, a Freehold house which sold for £635,000 in Nov 2023.
Read more about house prices in SY3.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Mountwood Park, Shrewsbury, SY3 has a total of 17 addresses. According to our analysis of all the public data, 8, Mountwood Park, Shrewsbury is the 16th largest and the 16th most expensive property on the street.
When compared to the postcode district it is £342k more expensive than the average property in SY3.
8, Mountwood Park, Shrewsbury has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 09 Jun 2022.
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, Mountwood Park, Shrewsbury is Shrewsbury station which is 2.4 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, Mountwood Park, Shrewsbury, 60.3% of property is privately owned outright and 33.3% 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, Mountwood Park, Shrewsbury, 14.8% of residents are recorded as possessing school level qualifications and 52.6% 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, Mountwood Park, 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, Mountwood Park, Shrewsbury, 1.1% 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, Mountwood Park, 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.