According to the public record, Flat 2, Crown House, Shrewsbury is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a modern apartment with 578 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in Crown House, St. Marys Place, Shrewsbury, SY1.
St. Marys Place, Shrewsbury, SY1 is located within the SY1 postal district.
Flat 2, Crown House, Shrewsbury has a single entry in the Land Registry database from May 2022 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 Flat 2 Crown House Shrewsbury as £216,783 and the rental value as £767 per month giving an expected gross yield of 4.2%.
Over the last 12 months the sale value of Flat 2 Crown House Shrewsbury has increased by £5,641 (2.6%) and its rental value has increased by £18 per month (2.3%).
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 Flat 2, Crown House, Shrewsbury is in very good condition we estimate a sale value of £227,623 and rental value of £806 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £201,609 and a rental value of £714 per month.
If you were able to purchase this property for the estimated value of £216,783, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,065 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 2, Crown House, Shrewsbury was last sold on 23 May 2022 for £192,500 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since May 2022, the market for similar properties has risen 5.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 2, Crown House, Shrewsbury within a radius of 520 metres over the last 2 years.
The most recent example is Apartment 14, Watergate Mansions, St. Marys Place, Shrewsbury, SY1 1DW, a Leasehold flat which sold for £225,000 in Sep 2022.
Read more about house prices in SY1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
St. Marys Place, Shrewsbury, SY1 has a total of 88 addresses. According to our analysis of all the public data, Flat 2, Crown House, Shrewsbury is the 60th largest and the 51st most expensive property on the street.
When compared to the postcode district it is £10k less expensive than the average property in SY1.
The closest station to Flat 2, Crown House, Shrewsbury is Shrewsbury station which is 300 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 Flat 2, Crown House, Shrewsbury, 57.4% of property is privately rented and 34.2% 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 Flat 2, Crown House, Shrewsbury, 4.8% of residents are recorded as possessing school level qualifications and 45.3% 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 Flat 2, Crown House, 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 Flat 2, Crown House, Shrewsbury, 1.9% 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 Flat 2, Crown House, 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.