According to the public record, 87, Preston Street, Shrewsbury is a mid-century freehold house and with 1,085 ft2 of internal area and sits on a 312 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Preston Street, Shrewsbury, SY2 is located within the SY2 postal district.
87, Preston Street, Shrewsbury has 31 entries in the Land Registry database, most recently in November 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 87 Preston Street Shrewsbury as £401,483 and the rental value as £1,160 per month giving an expected gross yield of 3.5%.
Over the last 12 months the sale value of 87 Preston Street Shrewsbury has increased by £1,059 (0.3%) and its rental value has decreased by £9 per month (0.8%).
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 87, Preston Street, Shrewsbury is in very good condition we estimate a sale value of £421,557 and rental value of £1,218 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £373,379 and a rental value of £1,079 per month.
If you were able to purchase this property for the estimated value of £401,483, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,973 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, 87, Preston Street, Shrewsbury sits on a plot of 312m2.
We have plot size data on 13 out of 25 other houses in the postcode and 87, Preston Street, Shrewsbury sits on the 12th largest plot.
According to HM Land Registry, 87, Preston Street, Shrewsbury was last sold on 16 Nov 2016 for £255,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since Nov 2016, the market for similar properties has risen 33.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 87, Preston Street, Shrewsbury within a radius of 171m over the last 2 years.
The most recent example is 77, Preston Street, Shrewsbury, SY2 5PN, a Freehold house which sold for £420,000 in Dec 2023.
Read more about house prices in SY2.
Preston Street, Shrewsbury, SY2 has a total of 86 addresses. According to our analysis of all the public data, 87, Preston Street, Shrewsbury is the 37th largest and the 47th most expensive property on the street.
When compared to the postcode district it is £111k more expensive than the average property in SY2.
87, Preston Street, Shrewsbury has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 13 Feb 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 87, Preston Street, Shrewsbury is Shrewsbury station which is 2.0 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 87, Preston Street, Shrewsbury, 70.5% of property is privately owned outright and 23.5% 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 87, Preston Street, Shrewsbury, 8.8% of residents are recorded as possessing school level qualifications and 36.4% 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 87, Preston Street, Shrewsbury, the average age was 49 and the most common age was 72.
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 87, Preston Street, 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 87, Preston Street, Shrewsbury, there are an average of 1.4 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.