Mill Gate, Shrewsbury
Mill Gate, Shrewsbury
Description & Estimates
Mill Gate, Shrewsbury is recorded publicly as a mid-century freehold house across 1,894 ft2 of internal area, sitting on a 1,623 m2 plot.
Locally, houses of this size normally have 4 bedrooms with a garden.
Our estimate of the sale value of Mill Gate, Shrewsbury is £403,067 and its rental estimate is £1,475 per month, given the available information and assuming reasonable condition.
Alberbury, Shrewsbury, SY5 falls within the SY5 postal district.
Our Data Sources
Mill Gate, Shrewsbury has 21 entries in the Land Registry , most recently in October 2024 and a single entry in the EPC database dated October 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
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 Mill Gate, Shrewsbury, we estimate a market value of £423,220 and a rental value of £1,549 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £374,852 and £1,372 per month respectively.
Recent Market Change
Over the last year, Mill Gate, Shrewsbury has seen its estimated sale value move down by £7,359 (1.8%) and its estimated rental value increase by £45 per month (3.0%). This results in an estimated gross rental yield of 4.4%.
Plot Size
HM Land Registry records the plot of land for Mill Gate, Shrewsbury as measuring 1,623 m2.
That makes it the largest plot in the postcode, where 6 of the 7 other houses have recorded plot data.
Energy Efficiency
Mill Gate, Shrewsbury has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 04 Oct 2023.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
Sold Prices
The most recent sale of Mill Gate, Shrewsbury completed on 24th October 2024 at £417,500 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold twice.
Values of comparable properties have risen by 14.9% over the period since October 2024.
- Sold Oct 2024£417,500
- Sold Nov 1997£145,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Mill Gate, Shrewsbury have sold within a radius of 5.6 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 4th November 2022, was Fairacres, Shrewsbury, SY5 9AB, a freehold house which sold for £425,000.
Read more about house prices in SY5.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 70 addresses on Alberbury, Shrewsbury, SY5, Mill Gate, Shrewsbury comes out as the 17th largest and the 29th most expensive in our analysis of the public data.
It is also £46k more expensive than the average property across the SY5 district.
More reading links
Schools Nearby
- 5.2kmTrinity CofE Primary School
- 6.0kmSt Andrew's Church of England Primary School and Nursery
- 7.1kmKinnerley Church of England Primary School and Nursery
- 9.2kmMary Webb School and Science College
- 10.2kmThe Corbet School
More reading links
Public Transport Nearby
From Mill Gate, Shrewsbury, the nearest station is Shrewsbury, 13.1 kilometres away.
- 13.1kmShrewsbury
- 15.0kmWelshpool
- 17.0kmYorton
Available Internet Speeds
Internet coverage here is poor, based on recent Ofcom data, and connectivity may be weak or unavailable.
According to recent data from Ofcom, Slow/none broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
