Cressage, Shrewsbury, SY5

Street Guide For Cressage, Shrewsbury, SY5

 

Cressage, Shrewsbury, SY5 Map

Estimated Price: £466,945
Average Asking Price: £282,301
Price change in last one year: £20,293
Average Price Paid: £316,112
Average Rent Rates: £625

 

Property Prices Breakdown in Cressage, Shrewsbury, SY5

Average Price for property in Cressage, Shrewsbury, SY5 is around £466,945 which varies based on type of property you are interested in and ranges from £699,584 for detached house to around £212,851 for semi-detached. Similarly terraced house is around £150,172. Values have been changing and have risen £1,309 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,439 in last 6 months, £20,293 in last 1 year, £34,778 in last 2 years, £40,140 in last 3 years, £32,907 in last 4 years and £32,923 in last 5 years.

Currently average asking price of a property in Cressage, Shrewsbury, SY5 is around £282,301 based on approximately 1 properties for sale. Same is the case with rental options based on 39 properties up for rent, average asking rent is around £625 per month.

Estimated property value in Cressage, Shrewsbury, SY5 is £466,945. Average asking price is £282,301 while average price paid is £242,500 which is up by £20,293 and Avg. asking rent £625.Based on an Online Survey

Buyers are willing to pay high dollar prices to grab these properties because of the recent trend in real estate investment especially in Cressage, Shrewsbury, SY5 area. In last 1 year alone average price buyer paid is around £242,500 based on approximately 1 sales in Cressage, Shrewsbury, SY5 area alone. If you compare it to last 3 years sales of 1 properties where buyers paid around £242,500. It has been same for some time now for e.g. if you take an average of amount paid in last 5 years, it comes to around £316,112 for 4 and average amount paid for purchase of approx. 6 properties sold in last 7 years comes to about £260,200 per sale.

 
 

Breakdown of asking prices for homes of different sizes show that price varies clearly based on no of bedrooms and type of house. Asking price for a house with 2 bedroom is around £146,159, £251,767 for a 3 bedroom house, £379,098 for a 4 bedroom house and £500,408 for a 5 bedroom house. For a flat similarly the prices varies from £88,970 for a single bedroom to £132,725 for a 2 bedroom Flat. To sum up the asking prices for properties in Cressage, Shrewsbury, SY5 it comes to around average £88,970 for 1 bedroom property, £143,173 for 2 bedroom, £251,767 for 3 bedroom, £379,098 for 4 bedroom and £500,408 for a 5 bedroom property.

Rent per calendar month varies similarly based on type and size of the house. If you look at the rents per month for houses alone it can vary from £399 for 1 bedroom to £576 for 2 bedrooms, £774 for 3 bedrooms, £882 for 4 bedrooms and £923 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £366. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £347. You should be generally be expecting around average £373 rent per month for single bedroom property, £558 for 2 bedroom, £774 for 3 bedroom, £882 for 4 bedroom and approximately £923 for a 5 bedroom property in Cressage, Shrewsbury, SY5 area.

Popular Houses in Cressage, Shrewsbury, SY5

Disclaimer : Location real estate estimates and values are based on House price index background data and Sales data provided by United Kingdom Land registry Records available as public records from their website. This information is updated monthly on our website and may not reflect all public transactions. This information is based on estimated calculation generated from our developed algorithms. We are striving to make this information as accurate and useful as possible. This data covers the transactions received at Land Registry in the period 1/1/1995 to 9/1/2014. © Crown copyright 2014. Data produced by Land Registry © Crown copyright 2014.

Areas in and around Cressage, Shrewsbury, SY5