According to the public record, The Townhouse, Castle Chambers, Shrewsbury is a modern leasehold apartment with 764 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in Castle Chambers, St. Marys Place, Shrewsbury, SY1.
St. Marys Place, Shrewsbury, SY1 is located within the SY1 postal district.
The Townhouse, Castle Chambers, Shrewsbury has a single entry in the Land Registry database from July 2017 and a single entry in the EPC database dated July 2017.
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 The Townhouse Castle Chambers Shrewsbury as £391,731 and the rental value as £1,307 per month giving an expected gross yield of 4%.
Over the last 12 months the sale value of The Townhouse Castle Chambers Shrewsbury has increased by £10,193 (2.6%) and its rental value has increased by £30 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 Townhouse, Castle Chambers, Shrewsbury is in very good condition we estimate a sale value of £411,318 and rental value of £1,372 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £364,310 and a rental value of £1,215 per month.
If you were able to purchase this property for the estimated value of £391,731, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,925 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 Townhouse, Castle Chambers, Shrewsbury was last sold on 14 Jul 2017 for £281,855 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Jul 2017, the market for similar properties has risen 24.4%
According to the Land Registry and our network of Estate Agents, there have been 2 sales of properties similar to The Townhouse, Castle Chambers, Shrewsbury within a radius of 530 metres over the last 2 years.
The most recent example is Apartment 8, Century House, Beeches Lane, Shrewsbury, SY1 1TG, a Leasehold flat which sold for £182,500 in Jan 2018.
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, The Townhouse, Castle Chambers, Shrewsbury is the 36th largest and the 5th most expensive property on the street.
When compared to the postcode district it is £165k more expensive than the average property in SY1.
The Townhouse, Castle Chambers, Shrewsbury has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 08 Jul 2017.
The property is not connected to mains gas and has high performance glazing. It is heated using an electric boiler and radiators.
The closest station to The Townhouse, Castle Chambers, 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 The Townhouse, Castle Chambers, 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 The Townhouse, Castle Chambers, 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 The Townhouse, Castle Chambers, 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 Townhouse, Castle Chambers, 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 The Townhouse, Castle Chambers, 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.