According to the public record, 88, Oakfield Road, Shrewsbury is a early-century freehold house with 1,022 ft2 of internal area and sits on a 412 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Oakfield Road, Shrewsbury, SY3 is located within the SY3 postal district.
88, Oakfield Road, Shrewsbury has a single entry in the Land Registry database from October 2020 and a single entry in the EPC database dated October 2019.
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 88 Oakfield Road Shrewsbury as £313,087 and the rental value as £1,082 per month giving an expected gross yield of 4.1%.
Over the last 12 months the sale value of 88 Oakfield Road Shrewsbury has increased by £321 (0.1%) and its rental value has increased by £3 per month (0.3%).
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 88, Oakfield Road, Shrewsbury is in very good condition we estimate a sale value of £328,741 and rental value of £1,136 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £291,171 and a rental value of £1,006 per month.
If you were able to purchase this property for the estimated value of £313,087, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,539 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, 88, Oakfield Road, Shrewsbury sits on a plot of 412m2.
We have plot size data on 13 out of 18 other houses in the postcode and 88, Oakfield Road, Shrewsbury sits on the 10th largest plot.
According to HM Land Registry, 88, Oakfield Road, Shrewsbury was last sold on 22 Oct 2020 for £276,500 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Oct 2020, the market for similar properties has risen 13.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 88, Oakfield Road, Shrewsbury within a radius of 680 metres over the last 2 years.
The most recent example is 16, Mytton Grove, Shrewsbury, SY3 8UF, a Freehold house which sold for £412,500 in Jan 2024.
Read more about house prices in SY3.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Oakfield Road, Shrewsbury, SY3 has a total of 106 addresses. According to our analysis of all the public data, 88, Oakfield Road, Shrewsbury is the 69th largest and the 94th most expensive property on the street.
When compared to the postcode district it is £5k less expensive than the average property in SY3.
88, Oakfield Road, Shrewsbury has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 14 Oct 2019.
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 88, Oakfield Road, Shrewsbury is Shrewsbury station which is 2.3 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 88, Oakfield Road, Shrewsbury, 37.8% of property is privately owned outright and 32.7% 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 88, Oakfield Road, Shrewsbury, 23.2% of residents are recorded as possessing school level qualifications and 53.1% 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 88, Oakfield Road, 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 88, Oakfield Road, 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 88, Oakfield Road, Shrewsbury, there are an average of 1.3 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.