According to the public record, Apartment 8, Nexus, Shrewsbury is a modern leasehold apartment with 990 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms with a balcony.
The apartment is in Nexus, Roushill, Shrewsbury, SY1.
Roushill, Shrewsbury, SY1 is located within the SY1 postal district.
Apartment 8, Nexus, Shrewsbury has a single entry in the Land Registry database from April 2009 and a single entry in the EPC database dated October 2008.
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 8 Nexus Shrewsbury as £305,405 and the rental value as £999 per month giving an expected gross yield of 3.9%.
Over the last 12 months the sale value of Apartment 8 Nexus Shrewsbury has increased by £9,488 (3.1%) and its rental value has increased by £28 per month (2.8%).
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 8, Nexus, Shrewsbury is in very good condition we estimate a sale value of £320,675 and rental value of £1,049 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £284,026 and a rental value of £929 per month.
If you were able to purchase this property for the estimated value of £305,405, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,501 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 8, Nexus, Shrewsbury was last sold on 09 Apr 2009 for £215,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Apr 2009, the market for similar properties has risen 40.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Apartment 8, Nexus, Shrewsbury within a radius of 520 metres over the last 2 years.
The most recent example is Apartment 3, Nexus, Roushill, Shrewsbury, SY1 1PT, a Leasehold flat which sold for £285,000 in Jan 2024.
Read more about house prices in SY1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Roushill, Shrewsbury, SY1 has a total of 23 addresses. According to our analysis of all the public data, Apartment 8, Nexus, Shrewsbury is the 9th largest and the 9th most expensive property on the street.
When compared to the postcode district it is £79k more expensive than the average property in SY1.
Apartment 8, Nexus, Shrewsbury has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 27 Oct 2008.
The property is not connected to mains gas and has fully double glazed windows. It is heated using electric storage heaters.
The closest station to Apartment 8, Nexus, 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 8, Nexus, 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 8, Nexus, 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 8, Nexus, 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 8, Nexus, 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 8, Nexus, 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.