3 Mercers Lane

    3, MERCERS LANE, SHREWSBURY, SY3 9FS

    This terraced freehold property on Mercers Lane last sold in August 2024 for £270,000. Based on price growth in the SY3 district since then, its estimated current value is £279,101 — placing it in the 44th percentile nationally and the 39th percentile within SY3. The property covers 85 m² (915 sq ft), giving an estimated value of £3,284 per m². The EPC rating is B, with a potential rating of A.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    915 sq ft

    85 m²

    Last Sale Price

    £270,000

    Aug 2024

    Estimated Valuation

    £279,101

    Est. £/sq ft

    £305/sq ft

    £3,284/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formSemi-Detached
    Construction age2016
    Habitable roomsNot available
    Main fuelGas: mains gas
    EPC currentB
    EPC potentialA
    Floor area915 sq ft (85 m²)
    EPC dateJun 2018
    WallsAverage thermal transmittance 0.21 W/m²K
    HeatingBoiler and radiators, mains gas

    Transaction History

    16 Aug 2024

    £270,000

    28 Sept 2018

    New build

    £226,500

    Key Metrics

    Estimated valuation£279,101
    Value per sq ft / m²£305/sq ft (£3,284/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    SY3 district percentile39th percentile
    National percentile44th 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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