16, Mercers Lane
16, Mercers Lane
Description & Estimates
16, Mercers Lane, Shrewsbury is recorded publicly as a modern freehold house across 731 ft2 of internal area, sitting on a 181 m2 plot.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 16, Mercers Lane, Shrewsbury is £275,659 and its rental estimate is £1,093 per month, given the available information and assuming reasonable condition.
Mercers Lane, Shrewsbury, SY3 falls within the SY3 postal district.
Our Data Sources
16, Mercers Lane, Shrewsbury has a single entry in the Land Registry from June 2018 and a single entry in the EPC database dated May 2018.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 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, Mercers Lane, Shrewsbury, we estimate a market value of £289,442 and a rental value of £1,148 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £256,363 and £1,016 per month respectively.
Recent Market Change
Over the last year, 16, Mercers Lane, Shrewsbury has seen its estimated sale value climb by £1,915 (0.7%) and its estimated rental value rise by £53 per month (4.9%). This results in an estimated gross rental yield of 4.8%.
Plot Size
HM Land Registry records the plot of land for 16, Mercers Lane, Shrewsbury as measuring 181 m2.
That makes it the 9th largest plot in the postcode, where all 14 other houses have recorded plot data.
Energy Efficiency
16, Mercers Lane, Shrewsbury has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 17 May 2018.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 16, Mercers Lane, Shrewsbury completed on 1st June 2018 at £185,000 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 21.5% over the period since June 2018.
- Sold Jun 2018£185,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 16, Mercers Lane, Shrewsbury have sold within a radius of 1.0 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 30th May 2025, was 8, Mercers Lane, Shrewsbury, SY3 9FT, a freehold house which sold for £252,500.
Read more about house prices in SY3.
- Sold May 2025£252,500 | 3 Bed House8, Mercers Lane, Shrewsbury, SY3 9FT8, Mercers Lane, Shrewsbury, SY3 9FT
- Sold May 2025£237,500 | 3 Bed House1, Chantry Place, Shrewsbury, SY3 9FP1, Chantry Place, Shrewsbury, SY3 9FP
- Sold Aug 2024£255,000 | 3 Bed House14, Tannersdale, Shrewsbury, SY3 9FR14, Tannersdale, Shrewsbury, SY3 9FR
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 37 addresses on Mercers Lane, Shrewsbury, SY3, 16, Mercers Lane, Shrewsbury comes out as the 34th largest and the 34th most expensive in our analysis of the public data.
It is also £52k less expensive than the average property across the SY3 district.
More reading links
Schools Nearby
- 700mMeole Brace Church of England Primary School and Nursery
- 800mRadbrook Primary School
- 1.7kmOakmeadow Church of England Primary and Nursery School
- 500mMeole Brace School
- 800mThe Priory School
- 4.2kmBelvidere School
More reading links
Public Transport Nearby
From 16, Mercers Lane, Shrewsbury, the nearest station is Shrewsbury, 2.9 kilometres away.
- 2.9kmShrewsbury
- 13.5kmYorton
- 17.1kmChurch Stretton
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.
