According to the public record, Boundary Lodge, Shrewsbury is a mid-century freehold house with 2,055 ft2 of internal area and sits on a 634 m2 plot.
Houses of this size in this area normally have 5 bedrooms with a garden.
Racecourse Lane, Bicton Heath, Shrewsbury, SY3 is located within the SY3 postal district.
Boundary Lodge, Shrewsbury has 2 entries in the Land Registry database, most recently in November 2020 and a single entry in the EPC database dated July 2018.
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 Boundary Lodge Shrewsbury as £505,021 and the rental value as £1,537 per month giving an expected gross yield of 3.7%.
Over the last 12 months the sale value of Boundary Lodge Shrewsbury has decreased by £7,577 (1.5%) and its rental value has decreased by £20 per month (1.3%).
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 Boundary Lodge, Shrewsbury is in very good condition we estimate a sale value of £530,272 and rental value of £1,614 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £469,670 and a rental value of £1,429 per month.
If you were able to purchase this property for the estimated value of £505,021, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,482 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 data from HM Land Registry, Boundary Lodge, Shrewsbury sits on a plot of 634m2.
We have plot size data on 26 out of 52 other houses in the postcode and Boundary Lodge, Shrewsbury sits on the 10th largest plot.
According to HM Land Registry, Boundary Lodge, Shrewsbury was last sold on 02 Nov 2020 for £430,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Nov 2020, the market for similar properties has risen 11.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Boundary Lodge, Shrewsbury within a radius of 610 metres over the last 2 years.
The most recent example is 5, Cavendish Close, Shrewsbury, SY3 5PG, a Freehold house which sold for £550,000 in Jan 2023.
Read more about house prices in SY3.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Racecourse Lane, Bicton Heath, Shrewsbury, SY3 has a total of 52 addresses. According to our analysis of all the public data, Boundary Lodge, Shrewsbury is the 6th largest and the 6th most expensive property on the street.
When compared to the postcode district it is £187k more expensive than the average property in SY3.
Boundary Lodge, Shrewsbury has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 02 Jul 2018.
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 Boundary Lodge, Shrewsbury is Shrewsbury station which is 3.5 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 Boundary Lodge, Shrewsbury, 29.5% of property is privately owned with a mortgage and 28.6% 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 Boundary Lodge, Shrewsbury, 24.2% of residents are recorded as possessing school level qualifications and 48.1% 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 Boundary Lodge, Shrewsbury, the average age was 42.6 and the most common age was 52.
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 Boundary Lodge, Shrewsbury, 0.5% 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 Boundary Lodge, Shrewsbury, there are an average of 1.4 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.