16, Drake Close
16, Drake Close
Description & Estimates
16, Drake Close, Shrewsbury is described in the public record as a modern house with 592 ft2 of internal area, sitting on a 193 m2 plot.
Locally, houses of this size normally have 2 bedrooms with a garden.
Our estimate of the sale value of 16, Drake Close, Shrewsbury is £213,251 and its rental estimate is £969 per month, given the available information and assuming reasonable condition.
Drake Close, Shrewsbury, SY2 falls within the SY2 postal district.
Our Data Sources
16, Drake Close, Shrewsbury has no records in the the Land Registry and a single entry in the EPC database dated February 2020.
We combine this information with public data 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 16, Drake Close, Shrewsbury, we estimate a market value of £223,913 and a rental value of £1,017 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £198,323 and £901 per month respectively.
Recent Market Change
Over the last year, 16, Drake Close, Shrewsbury has seen its estimated sale value move up by £3,799 (1.8%) and its estimated rental value increase by £61 per month (6.3%). This results in an estimated gross rental yield of 5.5%.
Plot Size
HM Land Registry records the plot of land for 16, Drake Close, Shrewsbury as measuring 193 m2.
That makes it the 5th largest plot in the postcode, where all 8 other houses have recorded plot data.
Energy Efficiency
16, Drake Close, Shrewsbury has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 06 Feb 2020.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 16, Drake Close, Shrewsbury have sold within a radius of 640 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 8th March 2023, was 18, Drake Close, Shrewsbury, SY2 5HW, a freehold house which sold for £197,500.
Read more about house prices in SY2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 17 addresses on Drake Close, Shrewsbury, SY2, 16, Drake Close, Shrewsbury comes out as the 15th largest and the 6th most expensive in our analysis of the public data.
It is also £77k less expensive than the average property across the SY2 district.
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Schools Nearby
- 300mThe Martin Wilson School
- 400mShrewsbury Cathedral Catholic Primary School and Nursery
- 500mWilfred Owen Primary School
- 1.3kmBelvidere School
- 1.6kmShrewsbury Academy
- 3.5kmThe Priory School
More reading links
Public Transport Nearby
From 16, Drake Close, Shrewsbury, the nearest station is Shrewsbury, 1.3 kilometres away.
- 1.3kmShrewsbury
- 10.0kmYorton
- 14.7kmWellington (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 very low, based on Environment Agency data.
