According to the public record, The Bungalow, Shrewsbury is a freehold house.
By comparing it to neighbours, we estimate that it is a modern house with 943 ft2 of internal area and a garden.
Houses of this size in this area normally have 3 bedrooms.
Lower Road, Myddle, Shrewsbury, SY4 is located within the SY4 postal district.
The Bungalow, Shrewsbury has a single entry in the Land Registry database from March 2017 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 The Bungalow Shrewsbury as £591,973 and the rental value as £1,707 per month giving an expected gross yield of 3.5%.
Over the last 12 months the sale value of The Bungalow Shrewsbury has increased by £15,539 (2.6%) and its rental value has increased by £15 per month (0.9%).
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 The Bungalow, Shrewsbury is in very good condition we estimate a sale value of £621,572 and rental value of £1,792 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £550,535 and a rental value of £1,587 per month.
If you were able to purchase this property for the estimated value of £591,973, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,909 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, The Bungalow, Shrewsbury was last sold on 06 Mar 2017 for £195,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Mar 2017, the market for similar properties has risen 43.7%
According to the Land Registry and our network of Estate Agents, there have been 2 sales of properties similar to The Bungalow, Shrewsbury within a radius of 4.7km over the last 2 years.
The most recent example is 1, Eyton Lane, Shrewsbury, SY4 2JN, a Freehold house which sold for £217,000 in Dec 2017.
Read more about house prices in SY4.
Lower Road, Myddle, Shrewsbury, SY4 has a total of 11 addresses. According to our analysis of all the public data, The Bungalow, Shrewsbury is the 9th largest and the 6th most expensive property on the street.
When compared to the postcode district it is £260k more expensive than the average property in SY4.
The closest station to The Bungalow, Shrewsbury is Yorton station which is 3.2 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 The Bungalow, Shrewsbury, 42.4% of property is privately owned outright and 29.2% 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 The Bungalow, Shrewsbury, 16.9% of residents are recorded as possessing school level qualifications and 32.0% 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 The Bungalow, 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 The Bungalow, Shrewsbury, 2.0% 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 The Bungalow, Shrewsbury, there are an average of 1.7 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.