Old Post Office, Shrewsbury
Old Post Office, Shrewsbury
Description & Estimates
Old Post Office, Shrewsbury appears in the public record as a freehold house sitting on a 922 m2 plot.
By comparing it to nearby properties, we estimate it to be a period house with 1,556 ft2 of internal area and a garden.
Locally, houses of this size normally have 4 bedrooms.
Our estimate of the sale value of Old Post Office, Shrewsbury is £445,430 and its rental estimate is £1,384 per month, given the available information and assuming reasonable condition.
Leighton, Shrewsbury, SY5 falls within the SY5 postal district.
Our Data Sources
Old Post Office, Shrewsbury has 2 entries in the Land Registry , most recently in November 2023 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 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 Old Post Office, Shrewsbury, we estimate a market value of £467,702 and a rental value of £1,453 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £414,250 and £1,287 per month respectively.
Recent Market Change
Over the last year, Old Post Office, Shrewsbury has seen its estimated sale value move down by £8,133 (1.8%) and its estimated rental value increase by £42 per month (3.0%). This results in an estimated gross rental yield of 3.7%.
Plot Size
HM Land Registry records the plot of land for Old Post Office, Shrewsbury as measuring 922 m2.
That makes it the 14th largest plot in the postcode, where 16 of the 22 other houses have recorded plot data.
Sold Prices
The most recent sale of Old Post Office, Shrewsbury completed on 9th November 2023 at £485,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold twice.
Values of comparable properties have dropped by 11.5% over the period since November 2023.
- Sold Nov 2023£485,000
- Sold Mar 2018£387,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Old Post Office, Shrewsbury have sold within a radius of 5.7 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 16th December 2020, was October Cottage, Kynnersley Lane, Shrewsbury, SY5 6RS, a freehold house which sold for £418,000.
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 45 addresses on Leighton, Shrewsbury, SY5, Old Post Office, Shrewsbury comes out as the 20th largest and the 18th most expensive in our analysis of the public data.
It is also £89k more expensive than the average property across the SY5 district.
More reading links
Schools Nearby
- 2.1kmChrist Church Church of England Primary School
- 2.7kmBuildwas Academy
- 5.7kmCoalbrookdale and Ironbridge CofE Primary School
- 5.0kmWilliam Brookes School
- 6.6kmErcall Wood Academy
- 7.2kmHaberdashers' Abraham Darby
More reading links
Public Transport Nearby
From Old Post Office, Shrewsbury, the nearest station is Wellington (Shropshire), 7.4 kilometres away.
- 7.4kmWellington (Shropshire)
- 9.9kmTelford Central
- 10.0kmOakengates
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.
