According to the public record, Apartment 4, Darwin Place 40, 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 Darwin Place, Longner Street, Shrewsbury, SY3.
Longner Street, Shrewsbury, SY3 is located within the SY3 postal district.
Apartment 4, Darwin Place 40, Shrewsbury has 4 entries in the Land Registry database, most recently in February 2022 and a single entry in the EPC database dated May 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 4 Darwin Place 40 Shrewsbury as £158,455 and the rental value as £703 per month giving an expected gross yield of 5.3%.
Over the last 12 months the sale value of Apartment 4 Darwin Place 40 Shrewsbury has increased by £3,491 (2.2%) and its rental value has increased by £16 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 4, Darwin Place 40, Shrewsbury is in very good condition we estimate a sale value of £166,378 and rental value of £738 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £147,363 and a rental value of £654 per month.
If you were able to purchase this property for the estimated value of £158,455, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £779 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 4, Darwin Place 40, Shrewsbury was last sold on 14 Feb 2022 for £150,000 and was recorded as a leasehold flat.
The property has had 4 sales since 1995.
Since Feb 2022, the market for similar properties has risen 5.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Apartment 4, Darwin Place 40, Shrewsbury within a radius of 550 metres over the last 2 years.
The most recent example is Apartment 2, Darwin Place 40, Longner Street, Shrewsbury, SY3 8RD, a Leasehold flat which sold for £165,000 in May 2024.
Read more about house prices in SY3.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Longner Street, Shrewsbury, SY3 has a total of 62 addresses. According to our analysis of all the public data, Apartment 4, Darwin Place 40, Shrewsbury is the 49th largest and the 55th most expensive property on the street.
When compared to the postcode district it is £160k less expensive than the average property in SY3.
Apartment 4, Darwin Place 40, Shrewsbury has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 04 May 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 4, Darwin Place 40, Shrewsbury is Shrewsbury station which is 500 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 4, Darwin Place 40, Shrewsbury, 48.9% of property is privately rented and 32.6% is socially 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 4, Darwin Place 40, Shrewsbury, 9.5% of residents are recorded as possessing school level qualifications and 31.9% 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 4, Darwin Place 40, 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 4, Darwin Place 40, Shrewsbury, 0.8% 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 4, Darwin Place 40, 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.