According to the public record, Elder Cottage, Shrewsbury is a period freehold house with 1,280 ft2 of internal area and sits on a 786 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Walford Heath, Shrewsbury, SY4 is located within the SY4 postal district.
Elder Cottage, Shrewsbury has 31 entries in the Land Registry database, most recently in February 2017 and a single entry in the EPC database dated November 2015.
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 Elder Cottage Shrewsbury as £491,418 and the rental value as £1,358 per month giving an expected gross yield of 3.3%.
Over the last 12 months the sale value of Elder Cottage Shrewsbury has increased by £1,686 (0.3%) and its rental value has decreased by £8 per month (0.6%).
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 Elder Cottage, Shrewsbury is in very good condition we estimate a sale value of £515,989 and rental value of £1,426 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £457,019 and a rental value of £1,263 per month.
If you were able to purchase this property for the estimated value of £491,418, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,415 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, Elder Cottage, Shrewsbury sits on a plot of 786m2.
We have plot size data on 13 out of 17 other houses in the postcode and Elder Cottage, Shrewsbury sits on the 9th largest plot.
According to HM Land Registry, Elder Cottage, Shrewsbury was last sold on 17 Feb 2017 for £251,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since Feb 2017, the market for similar properties has risen 38.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Elder Cottage, Shrewsbury within a radius of 3.2 kilometres over the last 2 years.
The most recent example is 16, James Way, Shrewsbury, SY4 2FH, a Freehold house which sold for £355,000 in Jun 2021.
Read more about house prices in SY4.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Walford Heath, Shrewsbury, SY4 has a total of 44 addresses. According to our analysis of all the public data, Elder Cottage, Shrewsbury is the 25th largest and the 10th most expensive property on the street.
When compared to the postcode district it is £159k more expensive than the average property in SY4.
Elder Cottage, Shrewsbury has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 12 Nov 2015.
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 Elder Cottage, Shrewsbury is Yorton station which is 6.9 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 Elder Cottage, Shrewsbury, 41.0% of property is privately owned outright and 35.3% is privately owned with a mortgage.
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 Elder Cottage, Shrewsbury, 20.3% of residents are recorded as possessing school level qualifications and 36.1% 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 Elder Cottage, Shrewsbury, the average age was 45.2 and the most common age was 57.
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 Elder Cottage, Shrewsbury, 0.3% 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 Elder Cottage, Shrewsbury, there are an average of 2.0 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.