According to the public record, 8A, Chester Street, Shrewsbury is a modern leasehold apartment with 731 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in 8, Chester Street, Shrewsbury, SY1.
Chester Street, Shrewsbury, SY1 is located within the SY1 postal district.
8A, Chester Street, Shrewsbury has 21 entries in the Land Registry database, most recently in October 2019 and a single entry in the EPC database dated August 2012.
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 8A Chester Street Shrewsbury as £234,348 and the rental value as £790 per month giving an expected gross yield of 4%.
Over the last 12 months the sale value of 8A Chester Street Shrewsbury has increased by £6,098 (2.6%) and its rental value has increased by £18 per month (2.3%).
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 8A, Chester Street, Shrewsbury is in very good condition we estimate a sale value of £246,065 and rental value of £829 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £217,944 and a rental value of £735 per month.
If you were able to purchase this property for the estimated value of £234,348, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,152 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, 8A, Chester Street, Shrewsbury was last sold on 07 Oct 2019 for £46,250 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Oct 2019, the market for similar properties has risen 18.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 8A, Chester Street, Shrewsbury within a radius of 540 metres over the last 2 years.
The most recent example is 12, Chester Street, Shrewsbury, SY1 1NX, a Leasehold flat which sold for £245,000 in Mar 2024.
Read more about house prices in SY1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Chester Street, Shrewsbury, SY1 has a total of 84 addresses. According to our analysis of all the public data, 8A, Chester Street, Shrewsbury is the 53rd largest and the 40th most expensive property on the street.
When compared to the postcode district it is £7k more expensive than the average property in SY1.
8A, Chester Street, Shrewsbury has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 18 Aug 2012.
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 8A, Chester Street, Shrewsbury is Shrewsbury station which is 200 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 8A, Chester Street, Shrewsbury, 66.7% of property is privately rented and 16.0% is privately owned outright.
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 8A, Chester Street, Shrewsbury, 6.0% of residents are recorded as possessing school level qualifications and 38.6% 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 8A, Chester Street, 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 8A, Chester Street, Shrewsbury, 1.6% 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 8A, Chester Street, Shrewsbury, there are an average of 0.8 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.