83 Somerset Way

    83, SOMERSET WAY, WEM, SHREWSBURY, SY4 5TW

    This terraced freehold property on Somerset Way last sold in November 2022 for £118,000. Based on price growth in the SY4 district since then, its estimated current value is £110,267 — placing it in the 5th percentile nationally and the 2nd percentile within SY4. The property covers 52 m² (560 sq ft), giving an estimated value of £2,121 per m². The EPC rating is E, with a potential rating of A.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    560 sq ft

    52 m²

    Last Sale Price

    £118,000

    Nov 2022

    Estimated Valuation

    £110,267

    Est. £/sq ft

    £197/sq ft

    £2,121/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formEnclosed End-Terrace
    Construction ageEngland and Wales: 1983-1990
    Habitable rooms3
    Main fuelelectricity (not community)
    EPC currentE
    EPC potentialA
    Floor area560 sq ft (52 m²)
    EPC dateNov 2012
    WallsCavity wall, as built, insulated (assumed)
    HeatingRoom heaters, electric

    Transaction History

    24 Nov 2022

    £118,000

    13 Dec 1996

    £30,000

    Key Metrics

    Estimated valuation£110,267
    Value per sq ft / m²£197/sq ft (£2,121/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    SY4 district percentile2nd percentile
    National percentile5th percentile

    District Context — SY4

    SY4 covers rural and semi-rural areas in Shropshire, situated in the west Midlands. The district offers countryside living with strong community character, appealing to those seeking a quieter pace of life outside urban centres.

    Average Property Price - SY4

    £346,575

    55

    National percentile

    Average Net Household Income - SY4

    £38,764

    53

    National percentile

    10-Year Annualised Price Growth - SY4

    4.0%

    66

    National percentile

    10-Year Annualised Rent Growth - SY

    3.5%

    25

    National percentile

    View full analysis for SY4

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