According to the public record, 52A, The Furlongs, Shrewsbury is a modern leasehold apartment with 1,420 ft2 of internal area.
Apartments of this size in this area normally have 4 bedrooms.
The Furlongs, Bicton Heath, Shrewsbury, SY3 is located within the SY3 postal district.
52A, The Furlongs, Shrewsbury has a single entry in the Land Registry database from August 2020 and a single entry in the EPC database dated June 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 good condition, we estimate the current sale value for 52A The Furlongs Shrewsbury as £299,835 and the rental value as £1,115 per month giving an expected gross yield of 4.5%.
Over the last 12 months the sale value of 52A The Furlongs Shrewsbury has increased by £7,335 (2.4%) and its rental value has increased by £30 per month (2.7%).
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 52A, The Furlongs, Shrewsbury is in very good condition we estimate a sale value of £314,827 and rental value of £1,171 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £278,847 and a rental value of £1,037 per month.
If you were able to purchase this property for the estimated value of £299,835, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,474 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, 52A, The Furlongs, Shrewsbury was last sold on 14 Aug 2020 for £210,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Aug 2020, the market for similar properties has risen 13.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 52A, The Furlongs, Shrewsbury within a radius of 690 metres over the last 2 years.
The most recent example is 23, Leighton Park, Shrewsbury, SY3 5FS, a Leasehold flat which sold for £149,950 in Dec 2020.
Read more about house prices in SY3.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
The Furlongs, Bicton Heath, Shrewsbury, SY3 has a total of 81 addresses. According to our analysis of all the public data, 52A, The Furlongs, Shrewsbury is the 3rd largest and the 16th most expensive property on the street.
When compared to the postcode district it is £18k less expensive than the average property in SY3.
52A, The Furlongs, Shrewsbury has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 08 Jun 2019.
The property is not connected to mains gas and has high performance glazing. It is heated using a boiler and underfloor heating.
The closest station to 52A, The Furlongs, Shrewsbury is Shrewsbury station which is 3.4 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 52A, The Furlongs, Shrewsbury, 48.1% of property is privately owned outright and 29.0% 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 52A, The Furlongs, Shrewsbury, 13.7% of residents are recorded as possessing school level qualifications and 33.6% 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 52A, The Furlongs, 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 52A, The Furlongs, Shrewsbury, 3.2% 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 52A, The Furlongs, 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.