Shropshire

Area Guide For Shropshire

Shropshire ( alternatively Salop; abbreviated, in print only, Shrops) is a county in the West Midlands region of England. It borders Wales to the west, Cheshire to the north, Staffordshire to the east, Worcestershire to the south-east and Herefordshire to the south. A unitary authority (Shropshire Council) was created on 1 April 2009, taking over from the previous county council and 5 district councils, and covers most of the county. The borough of Telford and Wrekin, included in Shropshire for ceremonial purposes, has been a separate unitary authority since 1998. The county's population and economy is centred on five towns: the county town of Shrewsbury, which is culturally and historically important and is located in the centre of the county; Telford, a new town in the east which was constructed around a number of older towns, most notably Wellington, Dawley and Madeley, which is today the most populous; and Oswestry in the north-west, Bridgnorth just to the south of Telford, and Ludlow in the south. The county has many further smaller towns, including Whitchurch in the north, Newport just to the north-east of Telford, and Market Drayton in the

 
 

Shropshire Map

Estimated Price: £205,816
Average Asking Price: £247,770
Price change in last one year: £9,004
Average Price Paid: £186,411
Average Rent Rates: £1,117

 
 

Property Prices Breakdown in Shropshire

Average Price for property in Shropshire is around £205,816 which varies based on type of property you are interested in and ranges from £290,913 for detached house to around £163,304 for semi-detached. Similarly terraced house is around £139,464 and a flat is worth £119,043. Values have been changing and have risen £130 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,406 in last 6 months, £9,004 in last 1 year, £19,264 in last 2 years, £22,488 in last 3 years, £17,775 in last 4 years and £15,722 in last 5 years.

Currently average asking price of a property in Shropshire is around £247,770 based on approximately 5,706 properties for sale. Same is the case with rental options based on 1,137 properties up for rent, average asking rent is around £1,117 per month.

Estimated property value in Shropshire is £205,816. Average asking price is £247,770 while average price paid is £187,262 which is up by £9,004 and Avg. asking rent £1,117.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 Shropshire area. In last 1 year alone average price buyer paid is around £187,262 based on approximately 5,706 sales in Shropshire area alone. If you compare it to last 3 years sales of 16,721 properties where buyers paid around £185,405. 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 £186,411 for 26,012 and average amount paid for purchase of approx. 34,664 properties sold in last 7 years comes to about £186,725 per sale.

 
 

Properties For Sale in Shropshire

 
 

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 £120,893, £138,341 for a 2 bedroom house, £192,806 for a 3 bedroom house, £308,898 for a 4 bedroom house and £415,099 for a 5 bedroom house. For a flat similarly the prices varies from £88,131 for a single bedroom to £122,116 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £209,327 and £199,950 for a 4 bedroom flat. To sum up the asking prices for properties in Shropshire it comes to around average £98,086 for 1 bedroom property, £133,802 for 2 bedroom, £193,050 for 3 bedroom, £308,796 for 4 bedroom and £415,099 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 £405 for 1 bedroom to £550 for 2 bedrooms, £672 for 3 bedrooms, £968 for 4 bedrooms and £1,335 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £431. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £533 and £655 for 3 bedroom. You should be generally be expecting around average £419 rent per month for single bedroom property, £543 for 2 bedroom, £671 for 3 bedroom, £968 for 4 bedroom and approximately £1,335 for a 5 bedroom property in Shropshire area.

Popular Houses in Shropshire

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.

Sold Properties in Shropshire

Areas in and around Shropshire