72 New Street, Wem, Shrewsbury, SY4 5AF is a leasehold flat built between 1950-1966. The property offers approximately 549 square feet of living space and is situated on the 2nd floor. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £87,094 , which equates to approximately £159 per square foot. It was last sold on 9 Jul 2002 for £40,000. Since then, the value has increased by £47,094, representing a 117.7% increase, or approximately 5.0% per year.

The current estimated value of £87,094 is:

  • 73.3% lower than the average property price on New Street
  • 75.9% lower than the average in the SY4 5AF postcode area
  • and 73.7% lower than the average price for Shrewsbury as a whole

At the most recent EPC inspection on 21 May 2024, the property was recorded as owner-occupied.

View sold house prices in SY4 5AF

Building approximate location

About Property

Type
Flat
Built
1950-1966
Interior Size
549 sq ft
Tenure
Leasehold
Floor level
2nd floor
Price (estimate)
£87,094
Price Per sq ft (estimate)
£159
Bedroom Count (estimate)
1 bedroom

EPC Summary

72 New Street, Wem, Shrewsbury, North Shropshire, Shropshire, SY4 5AF has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 21 May 2024.

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 10 Nov 2011. The rating of D is unchanged, though the energy efficiency score decreased by 6.1%.

Since the previous assessment, several changes were observed:

  • The heating system was upgraded from electric storage heaters to boiler and radiators, mains gas, improving energy efficiency from average to good.
  • The hot water system was changed from electric immersion, off-peak to from main system, with its energy efficiency improving from average to good.
  • The roof construction or insulation changed from pitched, 100 mm loft insulation to pitched, no insulation (assumed), changing energy efficiency from average to very poor.
  • The wall construction or insulation changed from cavity wall, filled cavity to cavity wall, as built, no insulation (assumed), changing energy efficiency from good to poor.
  • The lighting was updated from low energy lighting in 57% of 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
Roof
Pitched, no insulation (assumed)
Very Poor
Walls
Cavity wall, as built, no insulation (assumed)
Poor
Windows
Fully double glazed
Average
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to SY4 5AF

14 th / 15
Price Rank
76% lower than average
9 th / 9
Size Rank
66% smaller than average
8 th / 9
Price Per Sq FT Rank
30% lower than average

Compared to other properties in SY4 5AF , this flat's estimated value ranks 14th out of 15. Based on price per square foot, it ranks 8th out of 9 properties. This indicates a lower price per square foot than most, suggesting good value for the space offered. In terms of size, this home ranks 9th out of 9 properties in its postcode area.

Sale History

Today
£87,094
streetscan.co.uk estimate
+118 %
9 Jul 2002
£40,000
Leasehold
+42.9 %
6 Mar 2000
£28,000
Leasehold

Area Insights

Similar Properties Sold Nearby

10, Quarry View Flats New Street, Shrewsbury, SY3 8JL
rooms: 3
size: 631 sq ft
sale price: £125,000
sale date: 17 Jul 2015

Data Sources

The property at 72 New Street, Wem, Shrewsbury, SY4 5AF appears two times in the Land Registry records, with the latest transaction recorded on 9 Jul 2002. It also has three Energy Performance Certificates (EPC) entries, the earliest dating back to 21 May 2024. 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.
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