Flat 1, 6 Market Street, Wem, Shrewsbury, SY4 5EA is a leasehold flat built between 1983-1990. The property offers approximately 398 square feet of living space. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £69,756 , which equates to approximately £175 per square foot. It was last sold on 18 Mar 2021 for £62,500. Since then, the value has increased by £7,256, representing a 11.6% increase, or approximately 2.5% per year.

The current estimated value of £69,756 is:

  • 67.0% lower than the average property price on Market Street
  • 51.4% lower than the average in the SY4 5EA postcode area
  • and 78.9% lower than the average price for Shrewsbury as a whole

At the most recent EPC inspection on 5 November 2009, the property was recorded as owner-occupied.

View sold house prices in SY4 5EA

Building approximate location

About Property

Type
Flat
Built
1983-1990
Interior Size
398 sq ft
Tenure
Leasehold
Price (estimate)
£69,756
Price Per sq ft (estimate)
£175
Bedroom Count (estimate)
1 bedroom

EPC Summary

Flat 1, 6 Market Street, Wem, Shrewsbury, North Shropshire, Shropshire, SY4 5EA has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 16 Mar 2020.

This property uses electric storage heaters as its main heating source. Hot water is provided from off-peak electric immersion heater. The windows are single glazed.

The previous EPC assessment was conducted on 5 Nov 2009, when the property was rated E. Since then, the rating has improved to D, with the energy efficiency score increasing by 34%.

Since the previous assessment, several changes were observed:

  • The main heating energy efficiency improving from poor to average, while the heating system type remained the same (electric storage heaters).
  • The hot water energy efficiency improving from very poor to average, while the system remained as electric immersion, off-peak.
  • The wall construction or insulation changed from cavity wall, filled cavity to cavity wall, as built, insulated (assumed), with no change in energy efficiency (good).
Heating Type
Electric storage heaters
Average
Hot Water
Electric immersion, off-peak
Average
Walls
Cavity wall, as built, insulated (assumed)
Good
Windows
Single glazed
Very Poor
Lighting
Low energy lighting in 40% of fixed outlets
Average

Compared to SY4 5EA

9 th / 13
Price Rank
51% lower than average
8 th / 11
Size Rank
56% smaller than average
3 rd / 11
Price Per Sq FT Rank
10% higher than average

Compared to other properties in SY4 5EA , this flat's estimated value ranks 9th out of 13. Based on price per square foot, it ranks 3rd out of 11 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 11 properties in its postcode area.

Sale History

Today
£69,756
streetscan.co.uk estimate
+12 %
18 Mar 2021
£62,500
Leasehold
+20.2 %
29 Jan 2013
£52,000
Leasehold
+73.3 %
25 Apr 2002
£30,000
Leasehold
+11.1 %
13 Oct 1995
£27,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 2
size: 377 sq ft
sale price: £45,000
sale date: 30 Nov 2023
rooms: 2
size: 441 sq ft
sale price: £45,000
sale date: 30 Nov 2023
rooms: 2
size: 416 sq ft
sale price: £48,000
sale date: 27 Jan 2015
rooms: 2
size: 344 sq ft
sale price: £65,000
sale date: 25 Feb 2009
rooms: 2
size: 355 sq ft
sale price: £31,000
sale date: 3 May 2002

Data Sources

The property at Flat 1, 6 Market Street, Wem, Shrewsbury, SY4 5EA appears four times in the Land Registry records, with the latest transaction recorded on 18 Mar 2021. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 16 Mar 2020. 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.