Sutton Way, Shrewsbury, SY2

Street Guide For Sutton Way, Shrewsbury, SY2

 

Sutton Way, Shrewsbury, SY2 Map

Estimated Price: £149,299
Average Asking Price: £252,447
Price change in last one year: £2,644
Average Price Paid: £142,000
Average Rent Rates: £1,504

 

Property Prices Breakdown in Sutton Way, Shrewsbury, SY2

Average Price for property in Sutton Way, Shrewsbury, SY2 is around £149,299 which varies based on type of property you are interested in and ranges from £150,720 for semi-detached to around £148,315 for terraced house. Values have been changing and have risen £267 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £881 in last 6 months, £2,644 in last 1 year, £9,615 in last 2 years, £10,217 in last 3 years, £11,275 in last 4 years and £9,258 in last 5 years.

Currently average asking price of a property in Sutton Way, Shrewsbury, SY2 is around £252,447 based on approximately 3 properties for sale. Same is the case with rental options based on 33 properties up for rent, average asking rent is around £1,504 per month.

Estimated property value in Sutton Way, Shrewsbury, SY2 is £149,299. Average asking price is £252,447 while average price paid is £150,000 which is up by £2,644 and Avg. asking rent £1,504.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 Sutton Way, Shrewsbury, SY2 area. In last 1 year alone average price buyer paid is around £150,000 based on approximately 3 sales in Sutton Way, Shrewsbury, SY2 area alone. If you compare it to last 3 years sales of 4 properties where buyers paid around £147,000. 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 £142,000 for 5 and average amount paid for purchase of approx. 7 properties sold in last 7 years comes to about £139,642 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 £87,498, £158,654 for a 2 bedroom house, £207,247 for a 3 bedroom house, £353,953 for a 4 bedroom house and £405,331 for a 5 bedroom house. For a flat similarly the prices varies from £127,990 for a single bedroom to £180,261 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £223,000. To sum up the asking prices for properties in Sutton Way, Shrewsbury, SY2 it comes to around average £116,421 for 1 bedroom property, £174,705 for 2 bedroom, £209,610 for 3 bedroom, £353,953 for 4 bedroom and £405,331 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 £705 for 3 bedroom to £1,499 for 4 bedroom. But if you are interested in renting a 2 bedroom flat then rent per month can be around £832. As the no. of bedroom increase so will the rent e.g. for a 3 bedroom flat it will be around £524. You should be generally be expecting around average £832 rent per month for 2 bedroom property, £685 for 3 bedroom and approximately £1,499 for 4 bedroom property in Sutton Way, Shrewsbury, SY2 area.

Popular Houses in Sutton Way, Shrewsbury, SY2

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 Sutton Way, Shrewsbury, SY2