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Mere Close is a residential street with 16 addresses.
It ranks as the 133rd largest and 65th most expensive of the 303 streets in the SY2 area. The dominant property type is a early-century house built between 1912 and 1935.
The street contains a total of 16 properties: 16 houses.
Mere Close is a residential street with 16 addresses.
It ranks as the 133rd largest and 65th most expensive of the 303 streets in the SY2 area. The dominant property type is a early-century house built between 1912 and 1935.
The street contains a total of 16 properties: 16 houses.
Sale prices range from £188,702 for 3 bedroom freehold houses with a garden (699 ft2) to £255,608 for 4 bedroom freehold houses with a garden (1,205 ft2) .
Monthly rental prices range from £1,010 pcm for 3 bed houses to £1,231 pcm for 4 bed houses.
The gross rental yield is between 5.8% and 6.4%.
The average value per square foot is £236.
The last sale on Mere Close sold for £210,000 on 28th October 2024. Since then prices are up an average of 2.2%.
The current average value in the street is £227,575.
The Mere Close Sales Market has increased by 40.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 1% | £227,575 |
| April 2025 | 0.4% | £225,376 |
| April 2024 | 1.3% | £224,482 |
| April 2023 | 7.9% | £221,558 |
| April 2022 | 6.7% | £205,325 |
| April 2021 | 8.3% | £192,442 |
| April 2020 | 2.1% | £177,756 |
| April 2019 | 4.7% | £174,171 |
| April 2018 | 2.1% | £166,384 |
| April 2017 | 0.9% | £163,014 |
| April 2016 | 3.7% | £161,606 |
| April 2015 | 6.2% | £155,890 |
| April 2014 | 3.7% | £146,726 |
| April 2013 | 3.7% | £141,517 |
| April 2012 | 0.2% | £136,502 |
| April 2011 | -1.4% | £136,225 |
| April 2010 | 3.6% | £138,101 |
| April 2009 | -8.9% | £133,262 |
| April 2008 | 0.7% | £146,307 |
| April 2007 | 0% | £145,283 |
The current average rental value in the street is £1,140.
The Mere Close Rental Market has increased by 51.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 3.9% | £1,140pcm |
| April 2025 | 4.2% | £1,097pcm |
| April 2024 | 10.2% | £1,052pcm |
| April 2023 | 5.3% | £955pcm |
| April 2022 | 10.5% | £906pcm |
| April 2021 | 4.9% | £821pcm |
| April 2020 | 0.6% | £783pcm |
| April 2019 | 0.6% | £778pcm |
| April 2018 | 2.2% | £773pcm |
| April 2017 | 0.5% | £757pcm |
| April 2016 | 3.3% | £753pcm |
| April 2015 | 1.9% | £729pcm |
| April 2014 | 3.9% | £715pcm |
| April 2013 | 3.9% | £688pcm |
| April 2012 | 1.5% | £662pcm |
| April 2011 | 1.3% | £652pcm |
| April 2010 | 1% | £644pcm |
| April 2009 | -3.7% | £637pcm |
| April 2008 | -7% | £662pcm |
| April 2007 | 0% | £712pcm |
The last sale was on 28th October 2024 for £210,000 and since then the market in the area has increased by 2.2%. The street has had a total of 3 sales since 1995.
Mere Close, Shrewsbury, SY2 has seen 1 sale in the last three years and no sales in the last twelve months.
Mere Close, Shrewsbury, SY2 is the 133rd largest and the 65th most expensive street in the SY2 area.
There is 1 postcode on Mere Close, Shrewsbury, SY2.
The closest station to Mere Close, Shrewsbury, SY2 is Shrewsbury station which is 2.4 kilometres away.
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The recent census recorded whether a resident owned or rented their home.
In the area around Mere Close, Shrewsbury, SY2, 43.7% of property is socially rented and 25.9% is privately owned with a mortgage.
The graph below shows how this compares to West Midlands 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 Mere Close, Shrewsbury, SY2, 23.3% of residents are recorded as possessing school level qualifications and 16.7% as possessing degree level qualifications.
The graph below shows how this compares to West Midlands and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around Mere Close, Shrewsbury, SY2, the average age was 49 and the most common age was 72.
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 Mere Close, Shrewsbury, SY2, 0.0% 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 Mere Close, Shrewsbury, SY2, 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.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.