Flat 1, 3
Flat 1, 3
Description & Estimates
The public record lists Flat 1, 3, Mill Road, Shrewsbury as a leasehold apartment.
Comparison with its neighbours suggests a modern apartment with 777 ft2 of internal area.
In this area, apartments of this size normally have 2 bedrooms.
Flat 1, 3, Mill Road, Shrewsbury has an estimated sale value of £160,195 and an estimated rental value of £814 per month, assuming reasonable condition and based on the information available.
The apartment sits within 3, Mill Road, Shrewsbury, SY2.
Mill Road, Shrewsbury, SY2 lies within the SY2 postal district.
Our Data Sources
Flat 1, 3, Mill Road, Shrewsbury has 2 entries in the Land Registry , most recently in September 2024 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 1 out of 5 and is considered of low accuracy.
Price Range & Condition
In very good condition, we estimate Flat 1, 3, Mill Road, Shrewsbury would be worth £168,205, with a potential rental value of £854 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £148,982, with a rental value of £757 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 Flat 1, 3, Mill Road, Shrewsbury has declined by £1,582 (1.0%) over the last year. During the same period, its estimated monthly rental value has climbed by £29 (3.6%). The property's estimated gross yield is currently 6.1%.
Sold Prices
Flat 1, 3, Mill Road, Shrewsbury last changed hands on 17th September 2024, selling for £240,000. The transaction was logged as a leasehold flat by HM Land Registry.
In total it has sold twice since 1995.
The market for similar properties has dropped by 27.3% since September 2024.
- Sold Sep 2024£240,000
- Sold Jun 2015£158,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 590 metres of Flat 1, 3, Mill Road, Shrewsbury across the last 2 years.
Most recently, Flat 112, The Cedars, Abbey Foregate, Shrewsbury, SY2 6BY, a leasehold flat, sold at £160,000 on the 7th October 2022.
Read more about house prices in SY2.
- Sold Oct 2022£160,000 | 2 Bed FlatFlat 112, The Cedars, Abbey Foregate, Shrewsbury, SY2 6BYFlat 112, The Cedars, Abbey Foregate, Shrewsbury, SY2 6BY
- Sold Jan 2022£150,000 | 2 Bed FlatFlat 224, The Cedars, Abbey Foregate, Shrewsbury, SY2 6BYFlat 224, The Cedars, Abbey Foregate, Shrewsbury, SY2 6BY
- Sold Jul 2018£131,500 | 2 Bed FlatFlat 111, The Cedars, Abbey Foregate, Shrewsbury, SY2 6BYFlat 111, The Cedars, Abbey Foregate, Shrewsbury, SY2 6BY
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Our analysis of the public data ranks Flat 1, 3, Mill Road, Shrewsbury as the 42nd largest and the 67th most expensive of the 86 addresses on Mill Road, Shrewsbury, SY2.
Against the SY2 postcode district average, it is £130k less expensive than the typical property.
More reading links
Schools Nearby
- 800mColeham Primary School
- 800mCrowmoor Primary School
- 1.0kmSt Giles CofE Primary School
- 1.2kmBelvidere School
- 2.4kmThe Priory School
- 2.6kmMeole Brace School
More reading links
Public Transport Nearby
Shrewsbury station is the nearest stop to Flat 1, 3, Mill Road, Shrewsbury at 1.1 kilometres away.
- 1.1kmShrewsbury
- 11.5kmYorton
- 14.8kmWellington (Shropshire)
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.
