Ridgeway, Shrewsbury
Ridgeway, Shrewsbury
Description & Estimates
Public records show Ridgeway, Shrewsbury to be an early-century freehold house with 1,474 ft2 of internal area, sitting on a 1,511 m2 plot.
In this area, houses of this size normally have 4 bedrooms with a garden.
Ridgeway, Shrewsbury has an estimated sale value of £349,857 and an estimated rental value of £1,294 per month, assuming reasonable condition and based on the information available.
Snailbeach, Shrewsbury, SY5 lies within the SY5 postal district.
Our Data Sources
Ridgeway, Shrewsbury has a single entry in the Land Registry from August 2016 and a single entry in the EPC database dated June 2016.
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
In very good condition, we estimate Ridgeway, Shrewsbury would be worth £367,350, with a potential rental value of £1,358 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £325,367, with a rental value of £1,203 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 Ridgeway, Shrewsbury has decreased by £6,388 (1.8%) over the last year. During the same period, its estimated monthly rental value has grown by £39 (3.0%). The property's estimated gross yield is currently 4.4%.
Plot Size
Ridgeway, Shrewsbury occupies a 1,511 m2 plot as recorded by HM Land Registry.
Of the 28 other houses in this postcode, 21 have recorded plot sizes, and this one ranks as the 4th largest.
Energy Efficiency
Ridgeway, Shrewsbury has an Energy Performance Rating (EPC) of F. This is based on the most recent assessment, dated 02 Jun 2016.
The property is not connected to mains gas and has partial double glazing. It is heated using Boiler and radiators, oil.
Sold Prices
Ridgeway, Shrewsbury last changed hands on 24th August 2016, selling for £250,000. The transaction was logged as a freehold house by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has risen by 27.2% since August 2016.
- Sold Aug 2016£250,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 4.5 kilometres of Ridgeway, Shrewsbury across the last 2 years.
Most recently, Overdale, Shrewsbury, SY5 0NS, a freehold house, sold at £435,000 on the 6th September 2024.
Read more about house prices in SY5.
•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 Ridgeway, Shrewsbury as the 33rd largest and the 43rd most expensive of the 96 addresses on Snailbeach, Shrewsbury, SY5.
Against the SY5 postcode district average, it is £7k less expensive than the typical property.
More reading links
Schools Nearby
- 2.4kmMinsterley Primary School
- 4.7kmPontesbury CofE Primary School
- 5.6kmLong Mountain CofE Primary School
- 4.9kmMary Webb School and Science College
- 11.3kmChurch Stretton School
More reading links
Public Transport Nearby
Church Stretton station is the nearest stop to Ridgeway, Shrewsbury at 12.0 kilometres away.
- 12.0kmChurch Stretton
- 15.1kmWelshpool
- 16.3kmShrewsbury
Available Internet Speeds
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
