According to the public record, 8, Newfield Drive, Shrewsbury is a freehold house.
By comparing it to neighbours, we estimate that it is a mid-century house with 831 ft2 of internal area and a garden.
Houses of this size in this area normally have 3 bedrooms.
Newfield Drive, Shrewsbury, SY1 is located within the SY1 postal district.
8, Newfield Drive, Shrewsbury has a single entry in the Land Registry database from May 2009 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 8 Newfield Drive Shrewsbury as £185,556 and the rental value as £780 per month giving an expected gross yield of 5%.
Over the last 12 months the sale value of 8 Newfield Drive Shrewsbury has increased by £761 (0.4%) and its rental value has increased by £3 per month (0.4%).
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, Newfield Drive, Shrewsbury is in very good condition we estimate a sale value of £194,833 and rental value of £819 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £172,567 and a rental value of £726 per month.
If you were able to purchase this property for the estimated value of £185,556, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £912 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 HM Land Registry, 8, Newfield Drive, Shrewsbury was last sold on 27 May 2009 for £127,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since May 2009, the market for similar properties has risen 64.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 8, Newfield Drive, Shrewsbury within a radius of 530 metres over the last 2 years.
The most recent example is 64, Newfield Drive, Shrewsbury, SY1 2SN, a Freehold house which sold for £185,000 in Aug 2021.
Read more about house prices in SY1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Newfield Drive, Shrewsbury, SY1 has a total of 47 addresses. According to our analysis of all the public data, 8, Newfield Drive, Shrewsbury is the 37th largest and the 46th most expensive property on the street.
When compared to the postcode district it is £41k less expensive than the average property in SY1.
The closest station to 8, Newfield Drive, Shrewsbury is Shrewsbury station which is 700 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, Newfield Drive, Shrewsbury, 32.0% of property is socially rented and 24.8% 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, Newfield Drive, Shrewsbury, 20.8% of residents are recorded as possessing school level qualifications and 21.7% 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, Newfield Drive, Shrewsbury, the average age was 42.3 and the most common age was 32.
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, Newfield Drive, Shrewsbury, 0.0% 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, Newfield Drive, Shrewsbury, there are an average of 0.8 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.