62, Penson Way
62, Penson Way
Description & Estimates
Public records show 62, Penson Way, Shrewsbury to be a modern freehold house with 914 ft2 of internal area, sitting on a 181 m2 plot.
In this area, houses of this size normally have 3 bedrooms with a garden.
62, Penson Way, Shrewsbury has an estimated sale value of £261,928 and an estimated rental value of £1,063 per month, assuming reasonable condition and based on the information available.
Penson Way, Shrewsbury, SY1 lies within the SY1 postal district.
Our Data Sources
62, Penson Way, Shrewsbury has a single entry in the Land Registry from December 2017 and a single entry in the EPC database dated June 2017.
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
In very good condition, we estimate 62, Penson Way, Shrewsbury would be worth £275,025, with a potential rental value of £1,116 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £243,593, with a rental value of £989 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 62, Penson Way, Shrewsbury has dropped by £1,614 (0.6%) over the last year. During the same period, its estimated monthly rental value has risen by £36 (3.4%). The property's estimated gross yield is currently 4.9%.
Plot Size
62, Penson Way, Shrewsbury occupies a 181 m2 plot as recorded by HM Land Registry.
Of the 77 other houses in this postcode, 73 have recorded plot sizes, and this one ranks as the 25th largest.
Energy Efficiency
62, Penson Way, Shrewsbury has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 27 Jun 2017.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
62, Penson Way, Shrewsbury last changed hands on 15th December 2017, selling for £217,000. The transaction was logged as a freehold house by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has risen by 18.5% since December 2017.
- Sold Dec 2017£217,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 710 metres of 62, Penson Way, Shrewsbury across the last 2 years.
Most recently, 46, Penson Way, Shrewsbury, SY1 2BF, a freehold house, sold at £270,000 on the 5th November 2024.
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
Our analysis of the public data ranks 62, Penson Way, Shrewsbury as the 23rd largest and the 24th most expensive of the 147 addresses on Penson Way, Shrewsbury, SY1.
Against the SY1 postcode district average, it is £34k more expensive than the typical property.
More reading links
Schools Nearby
- 200mGreenfields Primary School
- 1.0kmShrewsbury Cathedral Catholic Primary School and Nursery
- 1.0kmMount Pleasant Primary
- 2.4kmShrewsbury Academy
- 2.5kmBelvidere School
- 2.9kmThe Priory School
More reading links
Public Transport Nearby
Shrewsbury station is the nearest stop to 62, Penson Way, Shrewsbury at 1.0 kilometres away.
- 1.0kmShrewsbury
- 9.9kmYorton
- 15.3kmWem
Available Internet Speeds
Ofcom's latest figures show ultrafast broadband available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
