1, Wellgate
1, Wellgate
Description & Estimates
1, Wellgate, Shrewsbury is recorded publicly as a mid-century freehold house across 1,022 ft2 of internal area, sitting on a 465 m2 plot.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 1, Wellgate, Shrewsbury is £290,114 and its rental estimate is £1,131 per month, given the available information and assuming reasonable condition.
Wellgate, Wem, Shrewsbury, SY4 falls within the SY4 postal district.
Our Data Sources
1, Wellgate, Shrewsbury has a single entry in the Land Registry from September 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.
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, Wellgate, Shrewsbury, we estimate a market value of £304,619 and a rental value of £1,187 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £269,806 and £1,052 per month respectively.
Recent Market Change
Over the last year, 1, Wellgate, Shrewsbury has seen its estimated sale value rise by £2,871 (1.0%) and its estimated rental value move up by £57 per month (5.0%). This results in an estimated gross rental yield of 4.7%.
Plot Size
HM Land Registry records the plot of land for 1, Wellgate, Shrewsbury as measuring 465 m2.
That makes it the 7th largest plot in the postcode, where 16 of the 17 other houses have recorded plot data.
Energy Efficiency
1, Wellgate, Shrewsbury has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 20 Jul 2017.
The property is 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, Wellgate, Shrewsbury completed on 29th September 2017 at £190,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have risen by 98.1% over the period since September 2017.
- Sold Sep 2017£190,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 1, Wellgate, Shrewsbury have sold within a radius of 790 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 14th August 2024, was 9, Wellgate, Shrewsbury, SY4 5ES, a freehold house which sold for £295,000.
Read more about house prices in SY4.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 17 addresses on Wellgate, Wem, Shrewsbury, SY4, 1, Wellgate, Shrewsbury comes out as the 4th largest and the 4th most expensive in our analysis of the public data.
It is also £58k less expensive than the average property across the SY4 district.
More reading links
Schools Nearby
- 600mSt Peter's CofE Primary School
- 4.6kmClive CofE Primary School
- 4.8kmNewtown CofE Primary School
- 800mThe Thomas Adams School
- 10.8kmThe Corbet School
- 12.1kmSir John Talbot's School
More reading links
Public Transport Nearby
From 1, Wellgate, Shrewsbury, the nearest station is Wem, 500 metres away.
- 500mWem
- 5.0kmYorton
- 5.6kmPrees
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 very low, based on Environment Agency data.
