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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
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The Red House, Shrewsbury appears in the public record as a freehold house sitting on a 2,700 m2 plot.
By comparing it to nearby properties, we estimate it to be a mid-century house with 2,873 ft2 of internal area and a garden.
Locally, houses of this size normally have 5 bedrooms.
Our estimate of the sale value of The Red House, Shrewsbury is £807,786 and its rental estimate is £2,256 per month, given the available information and assuming reasonable condition.
Edge, Yockleton, Shrewsbury, SY5 falls within the SY5 postal district.
The Red House, Shrewsbury has 31 entries in the Land Registry , most recently in June 2021 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.
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 The Red House, Shrewsbury, we estimate a market value of £848,175 and a rental value of £2,369 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £751,241 and £2,098 per month respectively.
Over the last year, The Red House, Shrewsbury has seen its estimated sale value fall by £21,492 (2.7%) and its estimated rental value move up by £33 per month (1.5%). This results in an estimated gross rental yield of 3.4%.
HM Land Registry records the plot of land for The Red House, Shrewsbury as measuring 2,700 m2.
That makes it the 4th largest plot in the postcode, where all 8 other houses have recorded plot data.
The most recent sale of The Red House, Shrewsbury completed on 1st June 2021 at £755,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold 3 times.
Values of comparable properties have risen by 7.7% over the period since June 2021.
Over the past 2 years 3 properties similar to The Red House, Shrewsbury have sold within a radius of 4.1 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 5th August 2024, was Edge Villa, Shrewsbury, SY5 9PY, a freehold house which sold for £925,000.
Read more about house prices in SY5.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 8 addresses on Edge, Yockleton, Shrewsbury, SY5, The Red House, Shrewsbury comes out as the 2nd largest and the 2nd most expensive in our analysis of the public data.
It is also £451k more expensive than the average property across the SY5 district.
From The Red House, Shrewsbury, the nearest station is Shrewsbury, 10.4 kilometres away.
The flood risk here is rated very low, based on Environment Agency data.
The recent census recorded whether a resident owned or rented their home.
In the area around The Red House, Shrewsbury, 57.9% of property is privately owned outright and 27.8% is privately owned with a mortgage.
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 The Red House, Shrewsbury, 14.1% of residents are recorded as possessing school level qualifications and 47.1% 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 The Red House, Shrewsbury, the average age was 46.4 and the most common age was 57.
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 The Red House, Shrewsbury, 0.7% 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 The Red House, Shrewsbury, there are an average of 2.0 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.
