1, Riders Lea
1, Riders Lea
Description & Estimates
The public record describes 1, Riders Lea, Shrewsbury as a mid-century house with 1,011 ft2 of internal area, sitting on a 499 m2 plot.
In this area, houses of this size normally have 3 bedrooms with a garden.
1, Riders Lea, Shrewsbury has an estimated sale value of £372,999 and an estimated rental value of £1,252 per month, assuming reasonable condition and based on the information available.
Riders Lea, Shrewsbury, SY3 lies within the SY3 postal district.
Our Data Sources
1, Riders Lea, Shrewsbury has no records in the the Land Registry and a single entry in the EPC database dated January 2014.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium accuracy.
Price Range & Condition
In very good condition, we estimate 1, Riders Lea, Shrewsbury would be worth £391,649, with a potential rental value of £1,314 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £346,889, with a rental value of £1,164 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 1, Riders Lea, Shrewsbury has increased by £2,591 (0.7%) over the last year. During the same period, its estimated monthly rental value has grown by £61 (4.9%). The property's estimated gross yield is currently 4.0%.
Plot Size
1, Riders Lea, Shrewsbury occupies a 499 m2 plot as recorded by HM Land Registry.
Of the 10 other houses in this postcode, 9 have recorded plot sizes, and this one ranks as the 2nd largest.
Energy Efficiency
1, Riders Lea, Shrewsbury has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 25 Jan 2014.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 800 metres of 1, Riders Lea, Shrewsbury across the last 2 years.
Most recently, 36, Grange Road, Shrewsbury, SY3 9DF, a freehold house, sold at £415,000 on the 29th March 2023.
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
Our analysis of the public data ranks 1, Riders Lea, Shrewsbury as the 9th largest and the 7th most expensive of the 10 addresses on Riders Lea, Shrewsbury, SY3.
Against the SY3 postcode district average, it is £45k more expensive than the typical property.
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Schools Nearby
- 400mRadbrook Primary School
- 900mMeole Brace Church of England Primary School and Nursery
- 1.5kmSt George's Junior School
- 300mThe Priory School
- 400mMeole Brace School
- 3.9kmBelvidere School
More reading links
Public Transport Nearby
Shrewsbury station is the nearest stop to 1, Riders Lea, Shrewsbury at 2.4 kilometres away.
- 2.4kmShrewsbury
- 12.9kmYorton
- 17.2kmWellington (Shropshire)
Available Internet Speeds
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
