Hotspur Street, Shrewsbury, SY1

Street Guide For Hotspur Street, Shrewsbury, SY1

 

Hotspur Street, Shrewsbury, SY1 Map

Estimated Price: £171,427
Average Asking Price: £210,495
Price change in last one year: £4,442
Average Price Paid: £155,286
Average Rent Rates: £1,436

 

Property Prices Breakdown in Hotspur Street, Shrewsbury, SY1

Average Price for property in Hotspur Street, Shrewsbury, SY1 is around £171,427 which varies based on type of property you are interested in and ranges from £180,045 for detached house to around £191,904 for semi-detached. Similarly terraced house is around £154,559. Values have been changing and have risen £414 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,370 in last 6 months, £4,442 in last 1 year, £10,491 in last 2 years, £12,176 in last 3 years, £11,990 in last 4 years and £10,174 in last 5 years.

Currently average asking price of a property in Hotspur Street, Shrewsbury, SY1 is around £210,495 based on approximately 7 properties for sale. Same is the case with rental options based on 106 properties up for rent, average asking rent is around £1,436 per month.

Estimated property value in Hotspur Street, Shrewsbury, SY1 is £171,427. Average asking price is £210,495 while average price paid is £163,350 which is up by £4,442 and Avg. asking rent £1,436.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 Hotspur Street, Shrewsbury, SY1 area. In last 1 year alone average price buyer paid is around £163,350 based on approximately 7 sales in Hotspur Street, Shrewsbury, SY1 area alone. If you compare it to last 3 years sales of 11 properties where buyers paid around £163,540. 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 £155,286 for 18 and average amount paid for purchase of approx. 24 properties sold in last 7 years comes to about £153,964 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 £132,000, £142,065 for a 2 bedroom house, £180,298 for a 3 bedroom house, £244,484 for a 4 bedroom house and £423,746 for a 5 bedroom house. For a flat similarly the prices varies from £97,764 for a single bedroom to £205,012 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £255,564. To sum up the asking prices for properties in Hotspur Street, Shrewsbury, SY1 it comes to around average £103,989 for 1 bedroom property, £171,687 for 2 bedroom, £192,272 for 3 bedroom, £244,484 for 4 bedroom and £423,746 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 £610 for 2 bedroom to £668 for 3 bedroom and £1,148 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £449. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £575 and £771 for 3 bedroom. You should be generally be expecting around average £449 rent per month for single bedroom property, £590 for 2 bedroom, £713 for 3 bedroom and approximately £1,148 for 4 bedroom property in Hotspur Street, Shrewsbury, SY1 area.

Popular Houses in Hotspur Street, Shrewsbury, SY1

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 Hotspur Street, Shrewsbury, SY1