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Public records show 73, Penson Way, Shrewsbury to be a modern freehold house with 914 ft2 of internal area, sitting on a 188 m2 plot.
In this area, houses of this size normally have 3 bedrooms with a garden.
73, 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.
73, Penson Way, Shrewsbury has a single entry in the Land Registry from May 2017 and a single entry in the EPC database dated May 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.
In very good condition, we estimate 73, 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.
The estimated sale value of 73, Penson Way, Shrewsbury has moved down by £1,614 (0.6%) over the last year. During the same period, its estimated monthly rental value has increased by £36 (3.4%). The property's estimated gross yield is currently 4.9%.
73, Penson Way, Shrewsbury occupies a 188 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 22nd largest.
73, Penson Way, Shrewsbury has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 08 May 2017.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
73, Penson Way, Shrewsbury last changed hands on 26th May 2017, selling for £215,000. 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 19.4% since May 2017.
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 710 metres of 73, 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.
Our analysis of the public data ranks 73, Penson Way, Shrewsbury as the 20th largest and the 21st 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.
Shrewsbury station is the nearest stop to 73, Penson Way, Shrewsbury at 1.0 kilometres away.
Ofcom's latest figures show ultrafast broadband available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Environment Agency data suggests this area has a very low risk of flooding.
The recent census recorded whether a resident owned or rented their home.
In the area around 73, Penson Way, Shrewsbury, 55.4% of property is privately owned with a mortgage and 26.8% is privately owned outright.
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 73, Penson Way, Shrewsbury, 18.2% of residents are recorded as possessing school level qualifications and 48.0% 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 73, Penson Way, Shrewsbury, the average age was 42.3 and the most common age was 32.
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 73, Penson Way, Shrewsbury, 0.4% 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 73, Penson Way, Shrewsbury, there are an average of 1.3 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.