According to the public record, Flat, 1, School Bank, Shrewsbury is a period Leasehold apartment with 312 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom with a garden.
School Bank, Pontesbury, Shrewsbury, SY5 is located within the SY5 postal district.
Flat, 1, School Bank, Shrewsbury has 31 entries in the Land Registry database, most recently in August 2014 and a single entry in the EPC database dated March 2019.
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 Flat 1 School Bank Shrewsbury as £172,122 and the rental value as £648 per month giving an expected gross yield of 4.5%.
Over the last 12 months the sale value of Flat 1 School Bank Shrewsbury has increased by £1,463 (0.9%) and its rental value has increased by £26 per month (4.1%).
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 Flat, 1, School Bank, Shrewsbury is in very good condition we estimate a sale value of £180,728 and rental value of £680 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £160,073 and a rental value of £602 per month.
If you were able to purchase this property for the estimated value of £172,122, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £846 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, Flat, 1, School Bank, Shrewsbury was last sold on 29 Aug 2014 for £132,500 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since Aug 2014, the market for similar properties has risen 40.0%
According to the Land Registry and our network of Estate Agents, there have been 3 property sales within a 2.8 kilometres radius of Flat, 1, School Bank, Shrewsbury over the last 2 years.
The most recent example is 7 The Old Barns, Shrewsbury, SY5 0TP, a Freehold house which sold for £340,000 in Apr 2022.
Read more about house prices in SY5.
School Bank, Pontesbury, Shrewsbury, SY5 has a total of 3 addresses. According to our analysis of all the public data, Flat, 1, School Bank, Shrewsbury is the 3rd largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £158k less expensive than the average property in SY5.
Flat, 1, School Bank, Shrewsbury has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 08 Mar 2019.
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 Flat, 1, School Bank, Shrewsbury is Shrewsbury station which is 11.8 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 Flat, 1, School Bank, Shrewsbury, 38.8% of property is privately owned outright and 30.6% 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 Flat, 1, School Bank, Shrewsbury, 17.2% of residents are recorded as possessing school level qualifications and 39.8% 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 Flat, 1, School Bank, Shrewsbury, the average age was 46.4 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 Flat, 1, School Bank, 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 Flat, 1, School Bank, Shrewsbury, there are an average of 1.5 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.