7, Parsons Drive
7, Parsons Drive
Description & Estimates
7, Parsons Drive, Shrewsbury is recorded publicly as a modern freehold house across 1,173 ft2 of internal area.
Locally, houses of this size normally have 4 bedrooms with a garden.
Our estimate of the sale value of 7, Parsons Drive, Shrewsbury is £364,426 and its rental estimate is £1,492 per month, given the available information and assuming reasonable condition.
Parsons Drive, Shrewsbury, SY2 falls within the SY2 postal district.
Our Data Sources
7, Parsons Drive, Shrewsbury has a single entry in the Land Registry from December 2023 and a single entry in the EPC database dated December 2023.
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
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 7, Parsons Drive, Shrewsbury, we estimate a market value of £382,647 and a rental value of £1,567 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £338,916 and £1,388 per month respectively.
Recent Market Change
Over the last year, 7, Parsons Drive, Shrewsbury has seen its estimated sale value decline by £5,419 (1.5%) and its estimated rental value climb by £43 per month (2.9%). This results in an estimated gross rental yield of 4.9%.
Energy Efficiency
7, Parsons Drive, Shrewsbury has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 08 Dec 2023.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 7, Parsons Drive, Shrewsbury completed on 20th December 2023 at £273,712 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have dropped by 4.4% over the period since December 2023.
- Sold Dec 2023£273,712
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 7, Parsons Drive, Shrewsbury have sold within a radius of 960 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 15th November 2024, was 154, Holland Drive, Shrewsbury, SY2 5US, a freehold house which sold for £335,953.
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
Of the 13 addresses on Parsons Drive, Shrewsbury, SY2, 7, Parsons Drive, Shrewsbury comes out as the 5th largest and the 5th most expensive in our analysis of the public data.
It is also £74k more expensive than the average property across the SY2 district.
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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
More reading links
Public Transport Nearby
From 7, Parsons Drive, Shrewsbury, the nearest station is Shrewsbury, 2.4 kilometres away.
- 2.4kmShrewsbury
- 12.0kmYorton
- 13.5kmWellington (Shropshire)
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
