According to the public record, Apartment 3, Chapel Court, Shrewsbury is a modern leasehold apartment with 592 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in Chapel Court, St. Johns Hill, Shrewsbury, SY1.
St. Johns Hill, Shrewsbury, SY1 is located within the SY1 postal district.
Apartment 3, Chapel Court, Shrewsbury has a single entry in the Land Registry database from November 2007 and a single entry in the EPC database dated July 2024.
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 3 Chapel Court Shrewsbury as £215,634 and the rental value as £760 per month giving an expected gross yield of 4.2%.
Over the last 12 months the sale value of Apartment 3 Chapel Court Shrewsbury has increased by £5,611 (2.6%) and its rental value has increased by £17 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 3, Chapel Court, Shrewsbury is in very good condition we estimate a sale value of £226,416 and rental value of £798 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £200,540 and a rental value of £707 per month.
If you were able to purchase this property for the estimated value of £215,634, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,060 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 3, Chapel Court, Shrewsbury was last sold on 09 Nov 2007 for £158,500 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Nov 2007, the market for similar properties has risen 28.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Apartment 3, Chapel Court, Shrewsbury within a radius of 590 metres over the last 2 years.
The most recent example is 8 St. Julians Mews, Williams Way, Shrewsbury, SY1 1AD, a Leasehold flat which sold for £210,000 in Sep 2023.
Read more about house prices in SY1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
St. Johns Hill, Shrewsbury, SY1 has a total of 58 addresses. According to our analysis of all the public data, Apartment 3, Chapel Court, Shrewsbury is the 47th largest and the 39th most expensive property on the street.
When compared to the postcode district it is £11k less expensive than the average property in SY1.
Apartment 3, Chapel Court, Shrewsbury has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 17 Jul 2024.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
The closest station to Apartment 3, Chapel Court, Shrewsbury is Shrewsbury station which is 800 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 3, Chapel Court, Shrewsbury, 56.8% of property is privately rented and 29.2% 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 Apartment 3, Chapel Court, Shrewsbury, 23.4% of residents are recorded as possessing school level qualifications and 44.2% 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 3, Chapel Court, 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 3, Chapel Court, Shrewsbury, 4.9% 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 3, Chapel Court, 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.