2, Morgans Cottages
2, Morgans Cottages
Description & Estimates
2, Morgans Cottages, Shrewsbury is recorded publicly as a mid-century leasehold apartment across 527 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of 2, Morgans Cottages, Shrewsbury is £88,619 and its rental estimate is £512 per month, given the available information and assuming reasonable condition.
Morgans Cottages, Shrewsbury, SY1 falls within the SY1 postal district.
Our Data Sources
2, Morgans Cottages, Shrewsbury has a single entry in the Land Registry from April 2007 and a single entry in the EPC database dated January 2021.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 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 2, Morgans Cottages, Shrewsbury, we estimate a market value of £93,050 and a rental value of £538 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £82,416 and £476 per month respectively.
Recent Market Change
Over the last year, 2, Morgans Cottages, Shrewsbury has seen its estimated sale value move down by £577 (0.7%) and its estimated rental value increase by £17 per month (3.3%). This results in an estimated gross rental yield of 6.9%.
Energy Efficiency
2, Morgans Cottages, Shrewsbury has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 18 Jan 2021.
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 2, Morgans Cottages, Shrewsbury completed on 20th April 2007 at £88,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 this is the property's only sale.
Values of comparable properties have risen by 22.7% over the period since April 2007.
- Sold Apr 2007£88,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 2, Morgans Cottages, Shrewsbury have sold within a radius of 630 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 19th December 2024, was 3, Morgans Cottages, Shrewsbury, SY1 4DG, a leasehold flat which sold for £85,000.
Read more about house prices in SY1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 12 addresses on Morgans Cottages, Shrewsbury, SY1, 2, Morgans Cottages, Shrewsbury comes out as the largest and the 2nd most expensive in our analysis of the public data.
It is also £139k less expensive than the average property across the SY1 district.
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Schools Nearby
- 300mMount Pleasant Primary
- 600mThe Martin Wilson School
- 600mShrewsbury Cathedral Catholic Primary School and Nursery
- 1.4kmShrewsbury Academy
- 2.1kmBelvidere School
- 3.7kmThe Priory School
More reading links
Public Transport Nearby
From 2, Morgans Cottages, Shrewsbury, the nearest station is Shrewsbury, 1.6 kilometres away.
- 1.6kmShrewsbury
- 9.4kmYorton
- 14.7kmWem
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.
