According to the public record, 81, Severn Way, Shrewsbury is a modern freehold house and with 651 ft2 of internal area and sits on a 259 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Severn Way, Cressage, Shrewsbury, SY5 is located within the SY5 postal district.
81, Severn Way, Shrewsbury has 31 entries in the Land Registry database, most recently in July 2016 and no records in the EPC database.
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 81 Severn Way Shrewsbury as £228,972 and the rental value as £858 per month giving an expected gross yield of 4.5%.
Over the last 12 months the sale value of 81 Severn Way Shrewsbury has increased by £3,625 (1.6%) and its rental value has increased by £20 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 81, Severn Way, Shrewsbury is in very good condition we estimate a sale value of £240,421 and rental value of £901 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £212,944 and a rental value of £798 per month.
If you were able to purchase this property for the estimated value of £228,972, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,125 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, 81, Severn Way, Shrewsbury sits on a plot of 259m2.
We have plot size data on 61 out of 97 other houses in the postcode and 81, Severn Way, Shrewsbury sits on the 55th largest plot.
According to HM Land Registry, 81, Severn Way, Shrewsbury was last sold on 29 Jul 2016 for £175,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since Jul 2016, the market for similar properties has risen 39.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 81, Severn Way, Shrewsbury within a radius of 187m over the last 2 years.
The most recent example is 55, Severn Way, Shrewsbury, SY5 6DS, a Freehold house which sold for £185,000 in Mar 2020.
Read more about house prices in SY5.
Severn Way, Cressage, Shrewsbury, SY5 has a total of 97 addresses. According to our analysis of all the public data, 81, Severn Way, Shrewsbury is the 86th largest and the 86th most expensive property on the street.
When compared to the postcode district it is £101k less expensive than the average property in SY5.
81, Severn Way, Shrewsbury has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 26 Jan 2010.
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 81, Severn Way, Shrewsbury is Wellington (Shropshire) station which is 9.5 km 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 81, Severn Way, Shrewsbury, 57.8% of property is privately owned outright and 21.9% 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 81, Severn Way, Shrewsbury, 11.5% of residents are recorded as possessing school level qualifications and 30.1% 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 81, Severn Way, Shrewsbury, the average age was 46.3 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 81, Severn Way, 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 81, Severn Way, Shrewsbury, there are an average of 1.5 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.