Shifnal

Area Guide For Shifnal

Shifnal is a business sector town and common area in Shropshire, England, around 3 miles (4.8 km) east of Telford. It has a track station on the Shrewsbury-Wolverhampton Line and is close to the M54 motorway. At the 2001 evaluation, it had a populace of 6,391. Shifnal is thought to be the spot named "Scuffanhalch", in a ninth century sanction, as an ownership of the cloister at Medeshamstede (later Peterborough Abbey). Though this appears a questionable case, and the antiquated contract is actually a twelfth century phony, the full picture is more intricate. Sir Frank Stenton considered that "Scuffanhalch", alongside "Costesford" (Cosford) and "Stretford", shaped piece of a rundown of spots which had once been joined with Medeshamstede; and the sanction indicates to have been issued by King Æthelred of Mercia, amid a lot of whose rule the priest of Mercia was Sexwulf (or "Saxwulf"), originator and first abbot of Medeshamstede.

 
 

Shifnal Map

Estimated Price: £265,212
Average Asking Price: £347,751
Price change in last one year: £3,858
Average Price Paid: £221,929
Average Rent Rates: £606

 
 

Property Prices Breakdown in Shifnal

Average Price for property in Shifnal is around £265,212 which varies based on type of property you are interested in and ranges from £377,081 for detached house to around £196,625 for semi-detached. Similarly terraced house is around £188,516 and a flat is worth £137,181. Values have been changing and have risen £1,017 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,805 in last 6 months, £3,858 in last 1 year, £15,186 in last 2 years, £20,029 in last 3 years, £23,331 in last 4 years and £16,304 in last 5 years.

Currently average asking price of a property in Shifnal is around £347,751 based on approximately 112 properties for sale. Same is the case with rental options based on 25 properties up for rent, average asking rent is around £606 per month.

Estimated property value in Shifnal is £265,212. Average asking price is £347,751 while average price paid is £229,997 which is up by £3,858 and Avg. asking rent £606.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 Shifnal area. In last 1 year alone average price buyer paid is around £229,997 based on approximately 112 sales in Shifnal area alone. If you compare it to last 3 years sales of 354 properties where buyers paid around £227,351. 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 £221,929 for 517 and average amount paid for purchase of approx. 687 properties sold in last 7 years comes to about £217,731 per sale.

 
 

Properties For Sale in Shifnal

 
 

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 £186,770, £265,136 for a 3 bedroom house, £449,851 for a 4 bedroom house and £546,990 for a 5 bedroom house. For a flat similarly the prices varies from £109,333 for a single bedroom to £130,550 for a 2 bedroom Flat. To sum up the asking prices for properties in Shifnal it comes to around average £109,333 for 1 bedroom property, £163,345 for 2 bedroom, £265,136 for 3 bedroom, £449,851 for 4 bedroom and £546,990 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 £542 for 2 bedroom, £912 for 3 bedroom and £815 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £481. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £518. You should be generally be expecting around average £469 rent per month for single bedroom property, £523 for 2 bedroom, £912 for 3 bedroom and approximately £814 for 4 bedroom property in Shifnal area.

Popular Houses in Shifnal

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.

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