Cedar Grove, Wem
MO

Cedar Grove, Wem

By Monks Estate & Letting Agents

£ 440,000

Reviews

3 out of 5 stars

Monks Estate & Letting Agents says ..

*** LARGE DETACHED BUNGALOW IN PRIVATE DRIVE LOCATION *** An excellent opportunity to purchase this spacious detached bungalow offering deceptive accommodation with rooms of a good proportion and which must be viewed to be fully appreciated. Occupying an enviable position in the...

Property Oracle says ..

The property is a detached bungalow located in Cedar Grove, Wem, Shropshire.

It has two bedrooms and two bathrooms, and a total area of 1,188.98 sqft. The plot size is 1,250.34 sqft. The list price is £440,000.

The average house price in the area is £282,980, with an average size of 1,208 sqft and an average price per sqft of £234. This property is significantly larger than average.

Based on the images provided, the property appears to be in reasonable condition, though some modernisation may be desirable. The kitchen and bathrooms show some wear and tear, suggesting potential for updating. The garden is of a reasonable size for a bungalow, with a shed and conservatory. The property benefits from off-street parking.

The location is in Wem, Shropshire. Nearby amenities include a train station (Wem, 0.78km) and several schools within a short distance (St Peter’s Cofe Primary School, 0.43km; The Thomas Adams School, 0.56km). The proximity to these amenities contributes positively to the desirability of the location.

Considering the property’s size, location, and condition, the list price of £440,000 appears to be at the higher end of the market value. While the property is larger than average and benefits from a good location and garden, the need for some modernisation could justify a slightly lower price point. However, the overall package is likely to appeal to buyers seeking a move-in ready home in a convenient location.

Therefore, we give this property 7 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
6
Condition
7
Location
8
Land
7
Bedrooms
2
Bathrooms
2
Sqft (est)
1,188.98
Lot (est)
1,250.34

The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.

Metrics Year-on-Year

Average area value
338,325.00 £
Increased by 5.64 %
from 320,255.00 £
Est sale value
557,631.62 £
Increased by 76.98 %
from 315,079.70 £
Average area rental value
738.00 £/mo
Increased by 28.57 %
from 574.00 £/mo
Est letting value
1,188.98 £/mo
from 0.00 £/mo
Est rental Yield
2.62 %
Increased by 21.86 %
from 2.15 %
Crime Rate
13.00 %
Unchanged by 0.00 %
from 13.00 %

Agent Activity

  • Monks Estate & Letting Agents created the listing.

Nearby Schools

NameTypeOfstedDistance
St Peter'S Cofe Primary SchoolAcademy Converter0.43 KM
Wem Children'S Centre Delivery PointChildren's Centre Linked Site0.47 KM
The Thomas Adams SchoolAcademy Converter0.56 KM
Woodlands SchoolAcademy Special Sponsor Led2.40 KM
Access SchoolOther Independent Special SchoolRequires improvement4.89 KM

Images

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Nearby Streets

NameAverage PriceAverage SqftDistance
Crown Street £ 000.00 KM
Maypole Court £ 000.00 KM
Rosemarie Court £ 000.00 KM
The Paddock £ 459,95000.00 KM
Garbett Close £ 325,00000.00 KM

Nearby Transport

NameNLCTLCDistance
Wem1347WEM0.78 KM
Yorton1351YRT5.64 KM
Prees1346PRS5.99 KM

Nearby Listings

AddressPriceTypeScoreDistance
Cedar Grove, Wem, Shrewsbury, Shropshire £ 365,000BUY7 / 100.00 KM
Cedar Grove, Wem £ 440,000BUY7 / 100.00 KM
Bowens Field, Wem £ 330,000BUY7 / 100.06 KM
Bowens Field, Wem £ 260,000BUYUnknown0.14 KM
Pyms Road, Wem, Shrewsbury £ 450,000BUY7 / 100.16 KM

Nearby Properties

AddressPriceDistance
5 Bowens Field £ 315,0000.06 KM
23 Bowens Field £ 245,0000.06 KM
35 Bowens Field £ 77,5000.06 KM
59 Bowens Field £ 165,0000.06 KM
53 Bowens Field £ 325,0000.06 KM