According to the public record, Hollow Ridge, Shrewsbury is a freehold house.
By comparing it to neighbours, we estimate that it is a modern house with 1,950 ft2 of internal area and a garden.
Houses of this size in this area normally have 4 bedrooms.
Harmer Hill, Shrewsbury, SY4 is located within the SY4 postal district.
Hollow Ridge, Shrewsbury has a single entry in the Land Registry database from June 2007 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 Hollow Ridge Shrewsbury as £438,669 and the rental value as £1,486 per month giving an expected gross yield of 4.1%.
Over the last 12 months the sale value of Hollow Ridge Shrewsbury has increased by £2,228 (0.5%) and its rental value has decreased by £18 per month (1.2%).
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 Hollow Ridge, Shrewsbury is in very good condition we estimate a sale value of £460,602 and rental value of £1,560 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £407,962 and a rental value of £1,382 per month.
If you were able to purchase this property for the estimated value of £438,669, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,156 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, Hollow Ridge, Shrewsbury was last sold on 08 Jun 2007 for £330,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Jun 2007, the market for similar properties has risen 48.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Hollow Ridge, Shrewsbury within a radius of 61m over the last 2 years.
The most recent example is 1 The Courtyard, Shrewsbury, SY4 3EB, a Freehold house which sold for £235,000 in Mar 2023.
Read more about house prices in SY4.
Harmer Hill, Shrewsbury, SY4 has a total of 75 addresses. According to our analysis of all the public data, Hollow Ridge, Shrewsbury is the 31st largest and the 42nd most expensive property on the street.
When compared to the postcode district it is £106k more expensive than the average property in SY4.
The closest station to Hollow Ridge, Shrewsbury is Yorton station which is 2.1 km 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 Hollow Ridge, Shrewsbury, 54.5% of property is privately owned outright and 30.8% 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 Hollow Ridge, Shrewsbury, 11.6% of residents are recorded as possessing school level qualifications and 38.0% 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 Hollow Ridge, 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 Hollow Ridge, Shrewsbury, 1.5% 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 Hollow Ridge, Shrewsbury, there are an average of 1.8 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.