According to the public record, 42A, Abbey Foregate, Shrewsbury is a modern leasehold apartment with 1,140 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
The apartment is in 42, Abbey Foregate, Shrewsbury, SY2.
Abbey Foregate, Shrewsbury, SY2 is located within the SY2 postal district.
42A, Abbey Foregate, Shrewsbury has 41 entries in the Land Registry database, most recently in November 2017 and a single entry in the EPC database dated June 2017.
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 42A Abbey Foregate Shrewsbury as £233,390 and the rental value as £986 per month giving an expected gross yield of 5.1%.
Over the last 12 months the sale value of 42A Abbey Foregate Shrewsbury has increased by £8,345 (3.6%) and its rental value has increased by £25 per month (2.5%).
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 42A, Abbey Foregate, Shrewsbury is in very good condition we estimate a sale value of £245,060 and rental value of £1,036 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £217,053 and a rental value of £917 per month.
If you were able to purchase this property for the estimated value of £233,390, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,147 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, 42A, Abbey Foregate, Shrewsbury was last sold on 30 Nov 2017 for £169,000 and was recorded as a leasehold flat.
The property has had 4 sales since 1995.
Since Nov 2017, the market for similar properties has risen 26.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 42A, Abbey Foregate, Shrewsbury within a radius of 510 metres over the last 2 years.
The most recent example is 14, Thomas Court, Shrewsbury, SY3 7EX, a Leasehold flat which sold for £288,100 in Mar 2024.
Read more about house prices in SY2.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Abbey Foregate, Shrewsbury, SY2 has a total of 545 addresses. According to our analysis of all the public data, 42A, Abbey Foregate, Shrewsbury is the 67th largest and the 176th most expensive property on the street.
When compared to the postcode district it is £57k less expensive than the average property in SY2.
42A, Abbey Foregate, Shrewsbury has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 14 Jun 2017.
The property is connected to mains gas and has single glazed windows. It is heated using a boiler and radiators.
The closest station to 42A, Abbey Foregate, Shrewsbury is Shrewsbury station which is 600 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 42A, Abbey Foregate, Shrewsbury, 35.5% of property is privately owned with a mortgage and 29.8% 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 42A, Abbey Foregate, Shrewsbury, 17.6% of residents are recorded as possessing school level qualifications and 35.9% 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 42A, Abbey Foregate, Shrewsbury, the average age was 45.7 and the most common age was 27.
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 42A, Abbey Foregate, 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 42A, Abbey Foregate, Shrewsbury, there are an average of 1.1 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.