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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
According to the public record, 3, Mere Close, Shrewsbury is a mid-century house with 699 ft2 of internal area and sits on a 363 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 3, Mere Close, Shrewsbury is £188,702 and the estimated rental value is £1,010 per month.
Mere Close, Shrewsbury, SY2 is located within the SY2 postal district.
3, Mere Close, Shrewsbury has no records in the the Land Registry and a single entry in the EPC database dated September 2014.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium accuracy.
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 3, Mere Close, Shrewsbury is in very good condition we estimate a sale value of £198,137 and a rental value of £1,060 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £175,493 and a rental value of £939 per month.
Over the last 12 months the sale value of 3 Mere Close Shrewsbury has increased by an estimated £3,566 (1.9%) and its rental value has increased by an estimated £49 per month (4.8%), giving an expected gross yield of 6.4%.
According to data from HM Land Registry, 3, Mere Close, Shrewsbury sits on a plot of 363m2.
We have plot size data on 7 out of 16 other houses in the postcode and 3, Mere Close, Shrewsbury sits on the 3rd largest plot.
3, Mere Close, Shrewsbury has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 24 Sep 2014.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 3, Mere Close, Shrewsbury within a radius of 660 metres over the last 2 years.
The most recent example is 67, Pool Rise, Shrewsbury, SY2 6EN, a freehold house which sold for £185,000 on the 30th November 2023.
Read more about house prices in SY2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Mere Close, Shrewsbury, SY2 has a total of 16 addresses. According to our analysis of all the public data, 3, Mere Close, Shrewsbury is the 14th largest and the 16th most expensive property on the street.
When compared to the postcode district it is £105k less expensive than the average property in SY2.
The closest station to 3, Mere Close, Shrewsbury is Shrewsbury station which is 2.4 kilometres away.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
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The recent census recorded whether a resident owned or rented their home.
In the area around 3, Mere Close, Shrewsbury, 43.7% of property is socially rented and 25.9% is privately owned with a mortgage.
The graph below shows how this compares to West Midlands and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 3, Mere Close, Shrewsbury, 23.3% of residents are recorded as possessing school level qualifications and 16.7% as possessing degree level qualifications.
The graph below shows how this compares to West Midlands and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 3, Mere Close, Shrewsbury, the average age was 49 and the most common age was 72.
The graph below shows how this compares to West Midlands and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 3, Mere Close, Shrewsbury, 0.0% of property was a second home.
Comparison figures for West Midlands and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 3, Mere Close, Shrewsbury, there are an average of 1.0 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.
