8, Mercers Lane
8, Mercers Lane
Description & Estimates
Public records show 8, Mercers Lane, Shrewsbury to be a modern freehold house with 731 ft2 of internal area, sitting on a 167 m2 plot.
In this area, houses of this size normally have 3 bedrooms with a garden.
8, Mercers Lane, Shrewsbury has an estimated sale value of £275,659 and an estimated rental value of £1,093 per month, assuming reasonable condition and based on the information available.
Mercers Lane, Shrewsbury, SY3 lies within the SY3 postal district.
Our Data Sources
8, Mercers Lane, Shrewsbury has 2 entries in the Land Registry , most recently in May 2025 and a single entry in the EPC database dated June 2018.
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, Mercers Lane, Shrewsbury would be worth £289,442, with a potential rental value of £1,148 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £256,363, with a rental value of £1,016 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, Mercers Lane, Shrewsbury has dropped by £25,054 (9.1%) over the last year. During the same period, its estimated monthly rental value has risen by £53 (4.9%). The property's estimated gross yield is currently 4.8%.
Plot Size
8, Mercers Lane, Shrewsbury occupies a 167 m2 plot as recorded by HM Land Registry.
All 14 other houses in this postcode have recorded plot sizes, and this one ranks as the 12th largest.
Energy Efficiency
8, Mercers Lane, Shrewsbury has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 12 Jun 2018.
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, Mercers Lane, Shrewsbury last changed hands on 30th May 2025, selling for £252,500. The transaction was logged as a freehold house by HM Land Registry.
In total it has sold twice since 1995.
The market for similar properties has dropped by 9.1% since May 2025.
- Sold May 2025£252,500
- Sold Jun 2018£185,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 990 metres of 8, Mercers Lane, Shrewsbury across the last 2 years.
Most recently, 1, Chantry Place, Shrewsbury, SY3 9FP, a freehold house, sold at £237,500 on the 2nd May 2025.
Read more about house prices in SY3.
•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, Mercers Lane, Shrewsbury as the 36th largest and the 36th most expensive of the 37 addresses on Mercers Lane, Shrewsbury, SY3.
Against the SY3 postcode district average, it is £52k less expensive than the typical property.
More reading links
Schools Nearby
- 700mMeole Brace Church of England Primary School and Nursery
- 800mRadbrook Primary School
- 1.7kmOakmeadow Church of England Primary and Nursery School
- 500mMeole Brace School
- 800mThe Priory School
- 4.2kmBelvidere School
More reading links
Public Transport Nearby
Shrewsbury station is the nearest stop to 8, Mercers Lane, Shrewsbury at 2.9 kilometres away.
- 2.9kmShrewsbury
- 13.5kmYorton
- 17.1kmChurch Stretton
Available Internet Speeds
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
