According to the public record, 84, The Paddocks, Shrewsbury is a mid-century leasehold apartment with 236 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
The Paddocks, Bicton Heath, Shrewsbury, SY3 is located within the SY3 postal district.
84, The Paddocks, Shrewsbury has 51 entries in the Land Registry database, most recently in December 2018 and a single entry in the EPC database dated October 2018.
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 84 The Paddocks Shrewsbury as £57,259 and the rental value as £314 per month giving an expected gross yield of 6.6%.
Over the last 12 months the sale value of 84 The Paddocks Shrewsbury has increased by £752 (1.3%) and its rental value has increased by £5 per month (1.5%).
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 84, The Paddocks, Shrewsbury is in very good condition we estimate a sale value of £60,122 and rental value of £330 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £53,251 and a rental value of £292 per month.
If you were able to purchase this property for the estimated value of £57,259, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £281 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, 84, The Paddocks, Shrewsbury was last sold on 20 Dec 2018 for £42,000 and was recorded as a leasehold flat.
The property has had 5 sales since 1995.
Since Dec 2018, the market for similar properties has risen 22.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 84, The Paddocks, Shrewsbury within a radius of 680 metres over the last 2 years.
The most recent example is 62, The Paddocks, Shrewsbury, SY3 5EP, a Leasehold flat which sold for £55,000 in May 2022.
Read more about house prices in SY3.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
The Paddocks, Bicton Heath, Shrewsbury, SY3 has a total of 103 addresses. According to our analysis of all the public data, 84, The Paddocks, Shrewsbury is the 96th largest and the 102nd most expensive property on the street.
When compared to the postcode district it is £261k less expensive than the average property in SY3.
84, The Paddocks, Shrewsbury has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 24 Oct 2018.
The property is connected to mains gas and has fully double glazed windows. It is heated using electric heaters.
The closest station to 84, The Paddocks, Shrewsbury is Shrewsbury station which is 4.0 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 84, The Paddocks, Shrewsbury, 44.1% of property is privately rented and 23.7% 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 84, The Paddocks, Shrewsbury, 11.1% of residents are recorded as possessing school level qualifications and 27.2% 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 84, The Paddocks, Shrewsbury, the average age was 42.6 and the most common age was 52.
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 84, The Paddocks, Shrewsbury, 0.4% 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 84, The Paddocks, Shrewsbury, there are an average of 1.0 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.