Oakfield, Shrewsbury
Oakfield, Shrewsbury
Description & Estimates
Oakfield, Shrewsbury is recorded publicly as a mid-century freehold house across 4,693 ft2 of internal area, sitting on a 1,492 m2 plot.
Locally, houses of this size normally have 5 bedrooms with a garden.
Our estimate of the sale value of Oakfield, Shrewsbury is £391,621 and its rental estimate is £1,655 per month, given the available information and assuming reasonable condition.
Great Ness, Shrewsbury, SY4 falls within the SY4 postal district.
Our Data Sources
Oakfield, Shrewsbury has a single entry in the Land Registry from March 2019 and a single entry in the EPC database dated April 2024.
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.
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 Oakfield, Shrewsbury, we estimate a market value of £411,202 and a rental value of £1,738 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £364,207 and £1,539 per month respectively.
Recent Market Change
Over the last year, Oakfield, Shrewsbury has seen its estimated sale value drop by £13,546 (3.5%) and its estimated rental value rise by £8 per month (0.5%). This results in an estimated gross rental yield of 5.1%.
Plot Size
HM Land Registry records the plot of land for Oakfield, Shrewsbury as measuring 1,492 m2.
Energy Efficiency
Oakfield, Shrewsbury has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 22 Apr 2024.
The property is not connected to mains gas and has high performance glazing. It is heated using Air source heat pump, radiators and underfloor, electric.
Sold Prices
The most recent sale of Oakfield, Shrewsbury completed on 27th March 2019 at £300,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have risen by 13.9% over the period since March 2019.
- Sold Mar 2019£300,000
Properties Sold Nearby
Over the past 2 years 3 properties have sold within 4.0 kilometres of Oakfield, Shrewsbury, per the Land Registry and our network of Estate Agents.
The latest, on the 26th August 2022, was Chapter House, Shrewsbury, SY4 2LE, a freehold house which sold for £815,000.
Read more about house prices in SY4.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 40 addresses on Great Ness, Shrewsbury, SY4, Oakfield, Shrewsbury comes out as the 2nd largest and the 29th most expensive in our analysis of the public data.
It is also £43k more expensive than the average property across the SY4 district.
More reading links
Schools Nearby
- 1.9kmSt Andrew's Church of England Primary School and Nursery
- 3.3kmSt John the Baptist Church of England Primary School and Nursery
- 4.1kmBaschurch CofE Primary School
- 4.2kmThe Corbet School
- 11.2kmThe Priory School
- 11.5kmMeole Brace School
More reading links
Public Transport Nearby
From Oakfield, Shrewsbury, the nearest station is Shrewsbury, 11.2 kilometres away.
- 11.2kmShrewsbury
- 11.5kmYorton
- 15.4kmWem
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
