Flat 5, 6 Market Street, Wem, Shrewsbury, SY4 5EA is a leasehold flat built between 1983-1990. The property offers approximately 416 square feet of living space and is situated on the 2nd floor of a 3-storey building. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £66,276 , which equates to approximately £158 per square foot. It was last sold on 27 Jan 2015 for £48,000. Since then, the value has increased by £18,276, representing a 38.1% increase, or approximately 3.5% per year.

The current estimated value of £66,276 is:

  • 68.7% lower than the average property price on Market Street
  • 53.8% lower than the average in the SY4 5EA postcode area
  • and 80.0% lower than the average price for Shrewsbury as a whole

View sold house prices in SY4 5EA

Building approximate location

About Property

Type
Flat
Built
1983-1990
Interior Size
416 sq ft
Tenure
Leasehold
Floor level
2nd floor of 3
Price (estimate)
£66,276
Price Per sq ft (estimate)
£158
Bedroom Count (estimate)
1 bedroom

EPC Summary

Flat 5, 6 Market Street, Wem, Shrewsbury, Shropshire, SY4 5EA has an Energy Performance Certificate (EPC) rating of E, based on the latest assessment carried out on 4 Dec 2008.

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.

Heating Type
Electric storage heaters
Poor
Hot Water
Electric immersion, off-peak
Very Poor
Roof
Pitched, 100 mm loft insulation
Average
Walls
Cavity wall, as built, insulated (assumed)
Good
Windows
Single glazed
Very Poor
Lighting
Low energy lighting in 50% of fixed outlets
Good

Compared to SY4 5EA

13 th / 13
Price Rank
54% lower than average
7 th / 11
Size Rank
53% smaller than average
9 th / 11
Price Per Sq FT Rank
1% lower than average

Compared to other properties in SY4 5EA , this flat's estimated value ranks 13th out of 13. Based on price per square foot, it ranks 9th out of 11 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 7th out of 11 properties in its postcode area.

Sale History

Today
£66,276
streetscan.co.uk estimate
+38 %
27 Jan 2015
£48,000
Leasehold
+21.5 %
28 Nov 2003
£39,500
Leasehold
+58 %
5 Dec 2001
£25,000
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: 398 sq ft
sale price: £62,500
sale date: 18 Mar 2021
rooms: 2
size: 355 sq ft
sale price: £31,000
sale date: 3 May 2002

Data Sources

The property at Flat 5, 6 Market Street, Wem, Shrewsbury, SY4 5EA appears three times in the Land Registry records, with the latest transaction recorded on 27 Jan 2015. It also has a single Energy Performance Certificate (EPC) from 4 Dec 2008. 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.