Flat 2, 12
Flat 2, 12
Description & Estimates
Public records show Flat 2, 12, Smithfield Road, Shrewsbury to be a period leasehold apartment with 775 ft2 of internal area.
In this area, apartments of this size normally have 2 bedrooms.
Flat 2, 12, Smithfield Road, Shrewsbury has an estimated sale value of £143,635 and an estimated rental value of £731 per month, assuming reasonable condition and based on the information available.
The apartment sits within 12, Smithfield Road, Shrewsbury, SY1.
Smithfield Road, Shrewsbury, SY1 lies within the SY1 postal district.
Our Data Sources
Flat 2, 12, Smithfield Road, Shrewsbury has 2 entries in the Land Registry , most recently in March 2016 and a single entry in the EPC database dated March 2023.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium accuracy.
Price Range & Condition
In very good condition, we estimate Flat 2, 12, Smithfield Road, Shrewsbury would be worth £150,817, with a potential rental value of £767 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £133,581, with a rental value of £679 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 2, 12, Smithfield Road, Shrewsbury has declined by £935 (0.7%) over the last year. During the same period, its estimated monthly rental value has climbed by £24 (3.3%). The property's estimated gross yield is currently 6.1%.
Energy Efficiency
Flat 2, 12, Smithfield Road, Shrewsbury has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 13 Mar 2023.
The property is connected to mains gas and has mostly double glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
Flat 2, 12, Smithfield Road, Shrewsbury last changed hands on 30th March 2016, selling for £119,000. 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 22.1% since March 2016.
- Sold Mar 2016£119,000
- Sold Apr 2011£87,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 530 metres of Flat 2, 12, Smithfield Road, Shrewsbury across the last 2 years.
Most recently, Flat 1, 12, Smithfield Road, Shrewsbury, SY1 1PB, a leasehold flat, sold at £128,000 on the 14th April 2023.
Read more about house prices in SY1.
- Sold Apr 2023£128,000 | 2 Bed Flat12, Smithfield RoadFlat 1, 12, Smithfield Road, Shrewsbury, SY1 1PB
- Sold Jan 2020£55,000 | 2 Bed Flat1-2, Meadow PlaceFlat 1, 1-2, Meadow Place, Shrewsbury, SY1 1PD
- Sold Oct 2016£445,000 | 2 Bed Flat13A , Castle ForegateFlat 1, 13A , Castle Foregate, Shrewsbury, SY1 2DJ
•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 Flat 2, 12, Smithfield Road, Shrewsbury as the largest and the most expensive of the 3 addresses on Smithfield Road, Shrewsbury, SY1.
Against the SY1 postcode district average, it is £84k less expensive than the typical property.
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Schools Nearby
- 900mColeham Primary School
- 1.1kmGreenfields Primary School
- 1.2kmShrewsbury Cathedral Catholic Primary School and Nursery
- 2.0kmThe Priory School
- 2.1kmBelvidere School
- 2.4kmMeole Brace School
More reading links
Public Transport Nearby
Shrewsbury station is the nearest stop to Flat 2, 12, Smithfield Road, Shrewsbury at 200 metres away.
- 200mShrewsbury
- 10.9kmYorton
- 15.9kmWellington (Shropshire)
Risk of Flooding
Environment Agency data suggests this area has a medium risk of flooding.
