8, Farr Close
8, Farr Close
Description & Estimates
Public records show 8, Farr Close, Shrewsbury to be a modern freehold house with 1,033 ft2 of internal area.
In this area, houses of this size normally have 3 bedrooms with a garden.
8, Farr Close, Shrewsbury has an estimated sale value of £320,660 and an estimated rental value of £1,364 per month, assuming reasonable condition and based on the information available.
Farr Close, Shrewsbury, SY2 lies within the SY2 postal district.
Our Data Sources
8, Farr Close, Shrewsbury has a single entry in the Land Registry from July 2021 and a single entry in the EPC database dated May 2021.
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 8, Farr Close, Shrewsbury would be worth £336,693, with a potential rental value of £1,432 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £298,214, with a rental value of £1,268 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 8, Farr Close, Shrewsbury has grown by £882 (0.3%) over the last year. During the same period, its estimated monthly rental value has climbed by £66 (4.8%). The property's estimated gross yield is currently 5.1%.
Energy Efficiency
8, Farr Close, Shrewsbury has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 14 May 2021.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
8, Farr Close, Shrewsbury last changed hands on 15th July 2021, selling for £285,500. 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 9.8% since July 2021.
- Sold Jul 2021£285,500
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 820 metres of 8, Farr Close, Shrewsbury across the last 2 years.
Most recently, 14, Farr Close, Shrewsbury, SY2 6GN, a freehold house, sold at £307,000 on the 31st October 2024.
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
Our analysis of the public data ranks 8, Farr Close, Shrewsbury as the largest and the most expensive of the 21 addresses on Farr Close, Shrewsbury, SY2.
Against the SY2 postcode district average, it is £31k more expensive than the typical property.
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Schools Nearby
- 800mMereside Church of England Primary Academy
- 2.1kmColeham Primary School
- 2.2kmSt Giles CofE Primary School
- 2.5kmBelvidere School
- 2.7kmMeole Brace School
- 2.7kmThe Priory School
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Public Transport Nearby
Shrewsbury station is the nearest stop to 8, Farr Close, Shrewsbury at 2.9 kilometres away.
- 2.9kmShrewsbury
- 13.4kmYorton
- 14.4kmWellington (Shropshire)
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
