7, Wem Mill Mill Street, Wem, Shrewsbury, SY4 5GB is a leasehold flat built between 2007-2011. The property offers approximately 635 square feet of living space and is situated on the 1st floor. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £161,513 , which equates to approximately £254 per square foot. It was last sold on 20 Apr 2012 for £110,000. Since then, the value has increased by £51,513, representing a 46.8% increase, or approximately 3.4% per year.

The current estimated value of £161,513 is:

  • 31.4% lower than the average property price on Mill Street
  • 0.2% lower than the average in the SY4 5GB postcode area
  • and 51.2% lower than the average price for Shrewsbury as a whole

This property has had 2 EPC inspections with recorded tenure information. It was recorded as owner-occupied both times. This suggests the property has typically been lived in by its owners, which often reflects longer-term residency and more consistent maintenance.

At the most recent EPC inspection on 10 January 2023, the property was recorded as owner-occupied.

View sold house prices in SY4 5GB

Building approximate location

About Property

Type
Flat
Built
2007-2011
Interior Size
635 sq ft
Tenure
Leasehold
Floor level
1st floor
Price (estimate)
£161,513
Price Per sq ft (estimate)
£254
Bedroom Count (estimate)
1 bedroom

EPC Summary

7, Wem Mill Mill Street, Wem, Shrewsbury, Shropshire, SY4 5GB has an Energy Performance Certificate (EPC) rating of B, based on the latest assessment carried out on 10 Jan 2023.

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.

The previous EPC assessment was conducted on 14 Oct 2010. The rating of B is unchanged, though the energy efficiency score decreased by 1.2%.

Since the previous assessment, several changes were observed:

  • The main heating energy efficiency changing from very good to good, while the heating system type remained the same (boiler and radiators, mains gas).
  • The hot water energy efficiency changing from very good to good, while the system remained as from main system.
  • The roof construction or insulation changed from average thermal transmittance 0.25 w/m?k to (another dwelling above), changing energy efficiency from good to n/a.
  • The wall construction or insulation changed from average thermal transmittance 0.29 w/m?k to system built, as built, insulated (assumed), changing energy efficiency from very good to good.
  • The lighting was updated from low energy lighting in 63% fixed outlets to low energy lighting in all fixed outlets, with efficiency improving from good to very good.
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Walls
System built, as built, insulated (assumed)
Good
Windows
Fully double glazed
Good
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to SY4 5GB

10 th / 12
Price Rank
0% same as average
8 th / 12
Size Rank
5% smaller than average
4 th / 12
Price Per Sq FT Rank
5% higher than average

Compared to other properties in SY4 5GB , this flat's estimated value ranks 10th out of 12. Based on price per square foot, it ranks 4th out of 12 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 8th out of 12 properties in its postcode area.

Sale History

Today
£161,513
streetscan.co.uk estimate
+47 %
20 Apr 2012
£110,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 721 sq ft
sale price: £125,000
sale date: 17 May 2012
rooms: 3
size: 603 sq ft
sale price: £125,000
sale date: 24 Apr 2012
rooms: 3
size: 667 sq ft
sale price: £119,950
sale date: 7 Jan 2011
rooms: 2
size: 549 sq ft
sale price: £59,995
sale date: 29 Mar 2018

Data Sources

The property at 7, Wem Mill Mill Street, Wem, Shrewsbury, Shropshire, SY4 5GB appears once in the Land Registry records, with the transaction recorded on 20 Apr 2012. It also has four Energy Performance Certificates (EPC) entries, the earliest dating back to 10 Jan 2023. 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.