According to the public record, Wheelers Gate, Shrewsbury is a modern freehold house with 1,959 ft2 of internal area and sits on a 103 m2 plot.
Houses of this size in this area normally have 5 bedrooms with a garden.
Quarry Place, Shrewsbury, SY1 is located within the SY1 postal district.
Wheelers Gate, Shrewsbury has 51 entries in the Land Registry database, most recently in August 2023 and a single entry in the EPC database dated February 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 reasonable condition, we estimate the current sale value for Wheelers Gate Shrewsbury as £815,852 and the rental value as £2,279 per month giving an expected gross yield of 3.4%.
Over the last 12 months the sale value of Wheelers Gate Shrewsbury has decreased by £7,663 (0.9%) and its rental value has decreased by £28 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 Wheelers Gate, Shrewsbury is in very good condition we estimate a sale value of £856,644 and rental value of £2,392 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £758,742 and a rental value of £2,119 per month.
If you were able to purchase this property for the estimated value of £815,852, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £4,010 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 data from HM Land Registry, Wheelers Gate, Shrewsbury sits on a plot of 103m2.
We have plot size data on 4 out of 7 other houses in the postcode and Wheelers Gate, Shrewsbury sits on the 6th largest plot.
According to HM Land Registry, Wheelers Gate, Shrewsbury was last sold on 23 Aug 2023 for £780,000 and was recorded as a freehold house.
The property has had 5 sales since 1995.
Since Aug 2023, the market for similar properties has dropped 0.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Wheelers Gate, Shrewsbury within a radius of 630 metres over the last 2 years.
The most recent example is 1 Dogpole Court, Dogpole, Shrewsbury, SY1 1ES, a Freehold house which sold for £548,000 in May 2024.
Read more about house prices in SY1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Quarry Place, Shrewsbury, SY1 has a total of 24 addresses. According to our analysis of all the public data, Wheelers Gate, Shrewsbury is the 6th largest and the 6th most expensive property on the street.
When compared to the postcode district it is £589k more expensive than the average property in SY1.
Wheelers Gate, Shrewsbury has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 13 Feb 2019.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to Wheelers Gate, Shrewsbury is Shrewsbury station which is 900 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 Wheelers Gate, Shrewsbury, 56.8% of property is privately rented and 29.2% 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 Wheelers Gate, Shrewsbury, 23.4% of residents are recorded as possessing school level qualifications and 44.2% 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 Wheelers Gate, 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 Wheelers Gate, Shrewsbury, 4.9% 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 Wheelers Gate, 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.