According to the public record, 81A, Hereford Road, Shrewsbury is a period leasehold apartment with 559 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a garden.
The apartment is in 81, Hereford Road, Shrewsbury, SY3.
Hereford Road, Shrewsbury, SY3 is located within the SY3 postal district.
81A, Hereford Road, Shrewsbury has 21 entries in the Land Registry database, most recently in December 2016 and a single entry in the EPC database dated September 2016.
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 81A Hereford Road Shrewsbury as £132,860 and the rental value as £694 per month giving an expected gross yield of 6.3%.
Over the last 12 months the sale value of 81A Hereford Road Shrewsbury has increased by £3,463 (2.6%) and its rental value has increased by £14 per month (2.0%).
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 81A, Hereford Road, Shrewsbury is in very good condition we estimate a sale value of £139,502 and rental value of £728 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £123,559 and a rental value of £645 per month.
If you were able to purchase this property for the estimated value of £132,860, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £653 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, 81A, Hereford Road, Shrewsbury was last sold on 23 Dec 2016 for £99,950 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Dec 2016, the market for similar properties has risen 28.9%
According to the Land Registry and our network of Estate Agents, there have been 1 sale of a property similar to 81A, Hereford Road, Shrewsbury within a radius of 820 metres over the last 2 years.
The most recent example is 81B, Hereford Road, Shrewsbury, SY3 7QY, a Leasehold flat which sold for £104,000 in Jun 2017.
Read more about house prices in SY3.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Hereford Road, Shrewsbury, SY3 has a total of 171 addresses. According to our analysis of all the public data, 81A, Hereford Road, Shrewsbury is the 134th largest and the 161st most expensive property on the street.
When compared to the postcode district it is £185k less expensive than the average property in SY3.
81A, Hereford Road, Shrewsbury has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 26 Sep 2016.
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 81A, Hereford Road, Shrewsbury is Shrewsbury station which is 2.0 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 81A, Hereford Road, Shrewsbury, 38.9% of property is privately rented and 29.5% 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 81A, Hereford Road, Shrewsbury, 11.4% of residents are recorded as possessing school level qualifications and 37.4% 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 81A, Hereford Road, Shrewsbury, the average age was 45 and the most common age was 32.
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 81A, Hereford 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 81A, Hereford Road, Shrewsbury, there are an average of 1.0 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.