1 Belan Cottages, Old Coleham
1 Belan Cottages, Old Coleham
Description & Estimates
1 Belan Cottages, Old Coleham, Shrewsbury is recorded publicly as a modern freehold house across 505 ft2 of internal area, sitting on a 90 m2 plot.
Locally, houses of this size normally have 2 bedrooms with a garden.
Our estimate of the sale value of 1 Belan Cottages, Old Coleham, Shrewsbury is £209,844 and its rental estimate is £889 per month, given the available information and assuming reasonable condition.
Old Coleham, Shrewsbury, SY3 falls within the SY3 postal district.
Our Data Sources
1 Belan Cottages, Old Coleham, Shrewsbury has 2 entries in the Land Registry , most recently in February 2018 and a single entry in the EPC database dated April 2014.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high accuracy.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 1 Belan Cottages, Old Coleham, Shrewsbury, we estimate a market value of £220,337 and a rental value of £934 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £195,155 and £827 per month respectively.
Recent Market Change
Over the last year, 1 Belan Cottages, Old Coleham, Shrewsbury has seen its estimated sale value increase by £4,816 (2.3%) and its estimated rental value grow by £60 per month (6.8%). This results in an estimated gross rental yield of 5.1%.
Plot Size
HM Land Registry records the plot of land for 1 Belan Cottages, Old Coleham, Shrewsbury as measuring 90 m2.
That makes it the largest plot in the postcode, where 5 of the 10 other houses have recorded plot data.
Energy Efficiency
1 Belan Cottages, Old Coleham, Shrewsbury has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 15 Apr 2014.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 1 Belan Cottages, Old Coleham, Shrewsbury completed on 28th February 2018 at £154,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold twice.
Values of comparable properties have risen by 44.0% over the period since February 2018.
- Sold Feb 2018£154,000
- Sold Sep 2008£120,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 1 Belan Cottages, Old Coleham, Shrewsbury have sold within a radius of 470 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 3rd October 2022, was 5 Belan Cottages, Old Coleham, Shrewsbury, SY3 7BU, a freehold house which sold for £170,000.
Read more about house prices in SY3.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 93 addresses on Old Coleham, Shrewsbury, SY3, 1 Belan Cottages, Old Coleham, Shrewsbury comes out as the 82nd largest and the 66th most expensive in our analysis of the public data.
It is also £118k less expensive than the average property across the SY3 district.
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Schools Nearby
- 300mColeham Primary School
- 1.3kmCrowmoor Primary School
- 1.5kmSt Giles CofE Primary School
- 1.7kmBelvidere School
- 1.9kmThe Priory School
- 2.1kmMeole Brace School
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Public Transport Nearby
From 1 Belan Cottages, Old Coleham, Shrewsbury, the nearest station is Shrewsbury, 900 metres away.
- 900mShrewsbury
- 11.7kmYorton
- 15.3kmWellington (Shropshire)
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated medium, based on Environment Agency data.
