16, Netherway
16, Netherway
Description & Estimates
16, Netherway, Shrewsbury appears in the public record as a leasehold apartment.
We estimate it to be a mid-century apartment with 547 ft2 of internal area by comparing it to nearby properties.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of 16, Netherway, Shrewsbury is £94,414 and its rental estimate is £482 per month, given the available information and assuming reasonable condition.
Netherway, Shrewsbury, SY3 falls within the SY3 postal district.
Our Data Sources
16, Netherway, Shrewsbury has 41 entries in the Land Registry , most recently in August 2007 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 2 out of 5 and is considered of medium 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, Netherway, Shrewsbury, we estimate a market value of £99,135 and a rental value of £507 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £87,805 and £449 per month respectively.
Recent Market Change
Over the last year, 16, Netherway, Shrewsbury has seen its estimated sale value drop by £413 (0.4%) and its estimated rental value rise by £19 per month (3.9%). This results in an estimated gross rental yield of 6.1%.
Sold Prices
The most recent sale of 16, Netherway, Shrewsbury completed on 17th August 2007 at £86,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold 4 times.
Values of comparable properties have risen by 38.1% over the period since August 2007.
- Sold Aug 2007£86,000
- Sold Jun 2004£79,995
- Sold Mar 2003£59,999
Properties Sold Nearby
Over the past 2 years 3 properties have sold within 740 metres of 16, Netherway, Shrewsbury, per the Land Registry and our network of Estate Agents.
The latest, on the 22nd December 2017, was 14, Netherway, Shrewsbury, SY3 6DD, a leasehold flat which sold for £65,700.
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 14 addresses on Netherway, Shrewsbury, SY3, 16, Netherway, Shrewsbury comes out as the 7th largest and the 7th most expensive in our analysis of the public data.
It is also £234k less expensive than the average property across the SY3 district.
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Schools Nearby
- 100mRadbrook Primary School
- 1.1kmSt George's Junior School
- 1.2kmBowbrook Primary School
- 700mThe Priory School
- 900mMeole Brace School
- 4.0kmBelvidere School
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Public Transport Nearby
From 16, Netherway, Shrewsbury, the nearest station is Shrewsbury, 2.4 kilometres away.
- 2.4kmShrewsbury
- 12.6kmYorton
- 17.5kmWellington (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.
