According to the public record, Bowbells, Shrewsbury is a freehold house.
By comparing it to neighbours, we estimate that it is a modern house with 2,381 ft2 of internal area and a garden.
Houses of this size in this area normally have 5 bedrooms.
Oak Lane, Bowbrook, Shrewsbury, SY3 is located within the SY3 postal district.
Bowbells, Shrewsbury has a single entry in the Land Registry database from January 2010 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for Bowbells Shrewsbury as £662,809 and the rental value as £1,683 per month giving an expected gross yield of 3%.
Over the last 12 months the sale value of Bowbells Shrewsbury has decreased by £9,944 (1.5%) and its rental value has decreased by £22 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 Bowbells, Shrewsbury is in very good condition we estimate a sale value of £695,949 and rental value of £1,767 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £616,412 and a rental value of £1,565 per month.
If you were able to purchase this property for the estimated value of £662,809, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £3,258 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, Bowbells, Shrewsbury was last sold on 15 Jan 2010 for £475,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Jan 2010, the market for similar properties has risen 58.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Bowbells, Shrewsbury within a radius of 880 metres over the last 2 years.
The most recent example is 4, Mayland Court, Shrewsbury, SY3 8DB, a Freehold house which sold for £630,000 in Jul 2023.
Read more about house prices in SY3.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Oak Lane, Bowbrook, Shrewsbury, SY3 has a total of 4 addresses. According to our analysis of all the public data, Bowbells, Shrewsbury is the largest and the most expensive property on the street.
When compared to the postcode district it is £345k more expensive than the average property in SY3.
The closest station to Bowbells, Shrewsbury is Shrewsbury station which is 3.7 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 Bowbells, Shrewsbury, 81.0% of property is socially rented and 13.5% 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 Bowbells, Shrewsbury, 25.8% of residents are recorded as possessing school level qualifications and 18.3% 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 Bowbells, 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 Bowbells, Shrewsbury, 0.4% 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 Bowbells, 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.