38 Rea Street

    38, REA STREET, SHREWSBURY, SY3 7PT

    This terraced freehold property on Rea Street last sold in May 2018 for £125,000. Based on price growth in the SY3 district since then, its estimated current value is £176,387 — placing it in the 18th percentile nationally and the 11th percentile within SY3. The property covers 66 m² (710 sq ft), giving an estimated value of £2,673 per m². The EPC rating is D, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    710 sq ft

    66 m²

    Last Sale Price

    £125,000

    May 2018

    Estimated Valuation

    £176,387

    Est. £/sq ft

    £248/sq ft

    £2,673/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: before 1900
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialB
    Floor area710 sq ft (66 m²)
    EPC dateDec 2017
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    4 May 2018

    £125,000

    Key Metrics

    Estimated valuation£176,387
    Value per sq ft / m²£248/sq ft (£2,673/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    SY3 district percentile11th percentile
    National percentile18th percentile

    District Context — SY3

    SY3 covers the south Shropshire area, including towns and villages in the county's rural heart. It is a characterful region with strong heritage appeal and a quieter, countryside-focused lifestyle.

    Average Property Price - SY3

    £353,413

    57

    National percentile

    Average Net Household Income - SY3

    £41,110

    63

    National percentile

    10-Year Annualised Price Growth - SY3

    4.1%

    69

    National percentile

    10-Year Annualised Rent Growth - SY

    3.5%

    25

    National percentile

    View full analysis for SY3

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