According to the public record, Apartment 2, Crescent House, Shrewsbury is a modern leasehold apartment with 1,054 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
The apartment is in Crescent House, Belmont, Shrewsbury, SY1.
Belmont, Shrewsbury, SY1 is located within the SY1 postal district.
Apartment 2, Crescent House, Shrewsbury has 21 entries in the Land Registry database, most recently in April 2007 and a single entry in the EPC database dated November 2021.
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 Apartment 2 Crescent House Shrewsbury as £260,176 and the rental value as £882 per month giving an expected gross yield of 4.1%.
Over the last 12 months the sale value of Apartment 2 Crescent House Shrewsbury has increased by £6,851 (2.6%) and its rental value has increased by £20 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 Apartment 2, Crescent House, Shrewsbury is in very good condition we estimate a sale value of £273,185 and rental value of £926 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £241,964 and a rental value of £820 per month.
If you were able to purchase this property for the estimated value of £260,176, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,279 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, Apartment 2, Crescent House, Shrewsbury was last sold on 05 Apr 2007 for £250,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Apr 2007, the market for similar properties has risen 29.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Apartment 2, Crescent House, Shrewsbury within a radius of 560 metres over the last 2 years.
The most recent example is Apartment 6, Robinson House, Market Street, Shrewsbury, SY1 1LE, a Leasehold flat which sold for £265,000 in Feb 2022.
Read more about house prices in SY1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Belmont, Shrewsbury, SY1 has a total of 28 addresses. According to our analysis of all the public data, Apartment 2, Crescent House, Shrewsbury is the 16th largest and the 19th most expensive property on the street.
When compared to the postcode district it is £33k more expensive than the average property in SY1.
Apartment 2, Crescent House, Shrewsbury has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 08 Nov 2021.
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 Apartment 2, Crescent House, Shrewsbury is Shrewsbury station which is 700 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 Apartment 2, Crescent House, Shrewsbury, 39.1% of property is privately owned outright and 30.4% 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 Apartment 2, Crescent House, Shrewsbury, 7.9% of residents are recorded as possessing school level qualifications and 53.4% 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 Apartment 2, Crescent House, 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 Apartment 2, Crescent House, Shrewsbury, 4.4% 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 Apartment 2, Crescent House, 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.