16, Parsons Drive
16, Parsons Drive
Description & Estimates
According to the public record, 16, Parsons Drive, Shrewsbury is a modern freehold house with 1,259 ft2 of internal area.
Houses of this size in this area normally have 4 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 16, Parsons Drive, Shrewsbury is £377,531 and the estimated rental value is £1,511 per month.
Parsons Drive, Shrewsbury, SY2 is located within the SY2 postal district.
Our Data Sources
16, Parsons Drive, Shrewsbury has a single entry in the Land Registry from June 2024 and a single entry in the EPC database dated May 2024.
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
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 16, Parsons Drive, Shrewsbury is in very good condition we estimate a sale value of £396,407 and a rental value of £1,587 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £351,104 and a rental value of £1,406 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 16, Parsons Drive, Shrewsbury has declined by £5,614 (1.5%), while its estimated rental value has climbed by £44 per month (2.9%). Based on current estimates, the property offers a gross rental yield of 4.8%.
Energy Efficiency
16, Parsons Drive, Shrewsbury has an Energy Performance Rating (EPC) of A. This is based on the most recent assessment, dated 09 May 2024.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
According to HM Land Registry, 16, Parsons Drive, Shrewsbury was last sold on 27th June 2024 for £399,950 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since June 2024, the market for similar properties has dropped by 6.2%.
- Sold Jun 2024£399,950
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 16, Parsons Drive, Shrewsbury within a radius of 1.0 kilometres over the last 2 years.
The most recent example is 183, Holland Drive, Shrewsbury, SY2 5TU, a freehold house which sold for £365,000 on the 28th February 2025.
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
Parsons Drive, Shrewsbury, SY2 has a total of 13 addresses. According to our analysis of all the public data, 16, Parsons Drive, Shrewsbury is the largest and the most expensive property on the street.
When compared to the postcode district it is £87k more expensive than the average property in SY2.
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Schools Nearby
- 800mSt Giles CofE Primary School
- 1.0kmMereside Church of England Primary Academy
- 1.2kmCrowmoor Primary School
- 900mBelvidere School
- 3.4kmShrewsbury Academy
- 3.5kmThe Priory School
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Public Transport Nearby
The closest station to 16, Parsons Drive, Shrewsbury is Shrewsbury station, which is 2.4 kilometres away.
- 2.4kmShrewsbury
- 12.0kmYorton
- 13.5kmWellington (Shropshire)
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
