According to the public record, The Penthouse, The Tracery, Shrewsbury is a modern leasehold apartment with 1,732 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
Swan Hill, Shrewsbury, SY1 is located within the SY1 postal district.
The Penthouse, The Tracery, Shrewsbury has 2 entries in the Land Registry database, most recently in November 2022 and a single entry in the EPC database dated July 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 good condition, we estimate the current sale value for The Penthouse The Tracery Shrewsbury as £669,208 and the rental value as £2,190 per month giving an expected gross yield of 3.9%.
Over the last 12 months the sale value of The Penthouse The Tracery Shrewsbury has increased by £17,622 (2.6%) and its rental value has increased by £51 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 The Penthouse, The Tracery, Shrewsbury is in very good condition we estimate a sale value of £702,668 and rental value of £2,299 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £622,363 and a rental value of £2,036 per month.
If you were able to purchase this property for the estimated value of £669,208, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £3,289 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 Penthouse, The Tracery, Shrewsbury was last sold on 14 Nov 2022 for £695,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Nov 2022, the market for similar properties has risen 4.5%
According to the Land Registry and our network of Estate Agents, there have been 1 sale of a property similar to The Penthouse, The Tracery, Shrewsbury within a radius of 610 metres over the last 2 years.
The most recent example is Apartment 16, Century House, Beeches Lane, Shrewsbury, SY1 1TG, a Leasehold flat which sold for £605,000 in Jan 2018.
Read more about house prices in SY1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Swan Hill, Shrewsbury, SY1 has a total of 68 addresses. According to our analysis of all the public data, The Penthouse, The Tracery, Shrewsbury is the 11th largest and the 11th most expensive property on the street.
When compared to the postcode district it is £442k more expensive than the average property in SY1.
The Penthouse, The Tracery, Shrewsbury has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 15 Jul 2019.
The property is not connected to mains gas and has high performance glazing. It is heated using a boiler with both radiators and underfloor heating.
The closest station to The Penthouse, The Tracery, Shrewsbury is Shrewsbury station which is 800 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 The Penthouse, The Tracery, Shrewsbury, 39.1% of property is privately owned outright and 30.4% is privately rented.
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 Penthouse, The Tracery, Shrewsbury, 7.9% of residents are recorded as possessing school level qualifications and 53.4% 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 Penthouse, The Tracery, 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 The Penthouse, The Tracery, Shrewsbury, 4.4% 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 The Penthouse, The Tracery, Shrewsbury, there are an average of 1.0 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.