48 Somerset Way, Wem, Shrewsbury, SY4 5UW is a freehold detached property built between 1983-1990. The property offers approximately 560 square feet of living space. In this location, properties of similar size usually have one bedroom.

The estimated current market value of the property is £268,558 , which equates to approximately £480 per square foot. It was last sold on 26 May 2022 for £245,000. Since then, the value has increased by £23,558, representing a 9.6% increase, or approximately 2.7% per year.

The current estimated value of £268,558 is:

  • 20.0% higher than the average property price on Somerset Way
  • 11.6% higher than the average in the SY4 5UW postcode area
  • and 18.8% lower than the average price for Shrewsbury as a whole

At the most recent EPC inspection on 31 March 2022, the property was recorded as owner-occupied.

View sold house prices in SY4 5UW

Building approximate location

About Property

Type
Detached Bungalow
Built
1983-1990
Interior Size
560 sq ft
Tenure
Freehold
Price (estimate)
£268,558
Price Per sq ft (estimate)
£480
Bedroom Count (estimate)
1 bedroom

EPC Summary

48 Somerset Way, Wem, Shrewsbury, North Shropshire, Shropshire, SY4 5UW has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 31 Mar 2022.

This property uses a gas-fired boiler and radiators, connected to the mains gas supply, as its main heating source. Hot water is provided from main heating system. The windows are fully double glazed.

Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Roof
Pitched, 270 mm loft insulation
Good
Walls
Cavity wall, as built, insulated (assumed)
Good
Windows
Fully double glazed
Average
Lighting
Low energy lighting in 44% of fixed outlets
Average

Compared to SY4 5UW

8 th / 28
Price Rank
12% higher than average
15 th / 16
Size Rank
24% smaller than average
2 nd / 16
Price Per Sq FT Rank
47% higher than average

Compared to other properties in SY4 5UW , this bungalow's estimated value ranks 8th out of 28. Based on price per square foot, it ranks 2nd out of 16 properties. This suggests a relatively high price per square foot, which may reflect quality, location, or recent upgrades. In terms of size, this home ranks 15th out of 16 properties in its postcode area.

Sale History

Today
£268,558
streetscan.co.uk estimate
+10 %
26 May 2022
£245,000
Leasehold
+308.3 %
13 Nov 1998
£60,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 570 sq ft
sale price: £275,000
sale date: 9 Dec 2022
rooms: 3
size: 560 sq ft
sale price: £193,500
sale date: 5 Mar 2018
rooms: 3
size: 581 sq ft
sale price: £160,000
sale date: 23 Nov 2017
rooms: 3
size: 570 sq ft
sale price: £157,000
sale date: 3 Jun 2014

Data Sources

The property at 48 Somerset Way, Wem, Shrewsbury, SY4 5UW appears two times in the Land Registry records, with the latest transaction recorded on 26 May 2022. It also has a single Energy Performance Certificate (EPC) from 31 Mar 2022. We use this data, to estimate the property's characteristics and current market value.

This website uses public sector information from:

These datasets are licensed under the Open Government Licence v3.0.
This website is not affiliated with or endorsed by HM Land Registry or DLUHC.


Disclaimer: StreetScan.co.uk makes all reasonable efforts to ensure the information provided on this website is current and accurate; however, no warranties or representations are made as to its completeness or accuracy. StreetScan.co.uk expressly disclaims any and all liability for any loss, damage, or expense arising directly or indirectly from the use of, or reliance upon, such information.