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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
Flat 2, 25, Mardol, Shrewsbury is recorded publicly as a period leasehold apartment across 1,054 ft2 of internal area.
Locally, apartments of this size normally have 3 bedrooms.
Our estimate of the sale value of Flat 2, 25, Mardol, Shrewsbury is £159,302 and its rental estimate is £753 per month, given the available information and assuming reasonable condition.
25, Mardol is a residential building on Mardol, Shrewsbury, SY1 and falls within the SY1 postal district.
Flat 2, 25, Mardol, Shrewsbury has 31 entries in the Land Registry , most recently in January 2021 and a single entry in the EPC database dated March 2020.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low accuracy.
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For Flat 2, 25, Mardol, Shrewsbury, we estimate a market value of £167,267 and a rental value of £791 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £148,151 and £700 per month respectively.
Over the last year, Flat 2, 25, Mardol, Shrewsbury has seen its estimated sale value decline by £1,774 (1.1%) and its estimated rental value climb by £23 per month (3.0%). This results in an estimated gross rental yield of 5.7%.
Flat 2, 25, Mardol, Shrewsbury has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 03 Mar 2020.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
The most recent sale of Flat 2, 25, Mardol, Shrewsbury completed on 15th January 2021 at £151,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold 3 times.
Values of comparable properties have dropped by 23.8% over the period since January 2021.
Over the past 2 years 3 properties similar to Flat 2, 25, Mardol, Shrewsbury have sold within a radius of 510 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 17th June 2024, was Flat 7, 26, Castle Street, Shrewsbury, SY1 2BQ, a leasehold flat which sold for £123,000.
Read more about house prices in SY1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 54 addresses on Mardol, Shrewsbury, SY1, Flat 2, 25, Mardol, Shrewsbury comes out as the 6th largest and the 31st most expensive in our analysis of the public data.
It is also £68k less expensive than the average property across the SY1 district.
From Flat 2, 25, Mardol, Shrewsbury, the nearest station is Shrewsbury, 600 metres away.
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
The flood risk here is rated medium, based on Environment Agency data.
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The recent census recorded whether a resident owned or rented their home.
In the area around Flat 2, 25, Mardol, Shrewsbury, 56.8% of property is privately rented and 29.2% 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 Flat 2, 25, Mardol, Shrewsbury, 23.4% of residents are recorded as possessing school level qualifications and 44.2% 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 Flat 2, 25, Mardol, Shrewsbury, the average age was 45.7 and the most common age was 27.
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 Flat 2, 25, Mardol, Shrewsbury, 4.9% 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 Flat 2, 25, Mardol, Shrewsbury, there are an average of 0.8 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.
