Grange Road, Shrewsbury, SY3

Street Guide For Grange Road, Shrewsbury, SY3

 

Grange Road, Shrewsbury, SY3 Map

Estimated Price: £274,233
Average Asking Price: £264,840
Price change in last one year: £9,057
Average Price Paid: £240,999
Average Rent Rates: £799

 

Property Prices Breakdown in Grange Road, Shrewsbury, SY3

Average Price for property in Grange Road, Shrewsbury, SY3 is around £274,233 which varies based on type of property you are interested in and ranges from £318,855 for detached house to around £256,106 for semi-detached. Values have been changing and have risen £287 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,643 in last 6 months, £9,057 in last 1 year, £20,877 in last 2 years, £21,927 in last 3 years, £18,432 in last 4 years and £16,628 in last 5 years.

Currently average asking price of a property in Grange Road, Shrewsbury, SY3 is around £264,840 based on approximately 4 properties for sale. Same is the case with rental options based on 58 properties up for rent, average asking rent is around £799 per month.

Estimated property value in Grange Road, Shrewsbury, SY3 is £274,233. Average asking price is £264,840 while average price paid is £246,875 which is up by £9,057 and Avg. asking rent £799.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 Grange Road, Shrewsbury, SY3 area. In last 1 year alone average price buyer paid is around £246,875 based on approximately 4 sales in Grange Road, Shrewsbury, SY3 area alone. If you compare it to last 3 years sales of 11 properties where buyers paid around £245,090. 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 £240,999 for 20 and average amount paid for purchase of approx. 26 properties sold in last 7 years comes to about £243,184 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 1 bedroom is around £96,633, £181,024 for a 2 bedroom house, £230,754 for a 3 bedroom house, £365,174 for a 4 bedroom house and £465,567 for a 5 bedroom house. For a flat similarly the prices varies from £104,216 for a single bedroom to £157,584 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £209,972. To sum up the asking prices for properties in Grange Road, Shrewsbury, SY3 it comes to around average £102,952 for 1 bedroom property, £173,462 for 2 bedroom, £229,455 for 3 bedroom, £365,174 for 4 bedroom and £465,567 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 £465 for 1 bedroom to £582 for 2 bedroom, £752 for 3 bedroom and £1,167 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £440. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £683. You should be generally be expecting around average £445 rent per month for single bedroom property, £630 for 2 bedroom, £752 for 3 bedroom and approximately £1,167 for 4 bedroom property in Grange Road, Shrewsbury, SY3 area.

Popular Houses in Grange Road, Shrewsbury, SY3

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 Grange Road, Shrewsbury, SY3