Property profile

2 Three Gates Wem

Map showing 2, Three Gates, Wem, Shrewsbury

Property Price
150k200k250k300k400k500k750k1.5M

Estimated sale price

£230,000

Detached sold in Wem

The box shows the middle 50% of detached sale prices, the whiskers show the 5th to 95th percentile, and the marker shows this property's estimated price.

Half of similar homes sold within the box; most sold within the wider line.

An indicative model estimate, not a survey or formal valuation.

This property vs market

Last sold20 Dec 2012
£150,000Change since last sale: +£78,000 (+52%)
Annualised change
+3.1% per yearShropshire annualised change (detached) since 2012: +3.5% per yearThis property's value is moving in line with the market
Price per sq ftLocal median £293 per sq ft
£336 per sq ftEstimate vs local median: +£43 per sq ft (+15%)
Local sold pricesMedian for detached in Wem
£310,000Estimate vs local median: −£82,000 (−27%)
How this estimate is calculated

Area360's automated valuation uses available property details, recorded sales and local market data to estimate a sale price. This automated estimate is a guide, not a survey, mortgage valuation or formal valuation. See the valuation methodology and limitations.

Estimate calculated .

Property facts

Property typeBungalow / Detached
TenureFreehold
Construction period1950-1966
Floor area63 m² / 678 sq ft
Rooms4 habitable / 4 heated
EPC ratingE
EPC inspection04 Mar 2013

Sales history

DatePriceChange
20 Dec 2012£150,000-

Local market

Property prices in Wem

Median price: £255,000
Price per sq ft: £262
Sales (last 12 months): 135
Typical range (middle 50%): £195K – £336K

Based on 135 recent sales, the median property price is £255,000 (about £262 per square foot) in Wem area, with individual transactions ranging from £75,000 up to £799,995.

Prices by property typelast 12 months

Median sale price, median price per square foot, sales count, and percentile information for each property type in Wem over the last year.
TypeSalesMedian£/sq ft
Detached64£310,000£293
Semi-Detached43£233,000£253
Terraced25£173,000£216
Flats3£116,500£190

10-year price trendmedian sale price in Wem

Sale price

Ten year median sale price trend for each property type in Wem.
YearDetachedFlatsSemi-DetachedTerraced
2016£252,995£80,000£153,000£129,950
2017£267,495£88,000£163,750£144,998
2018£226,000£70,250£170,000£125,950
2019£275,000£90,000£173,500£135,500
2020£285,000£63,000£173,998£138,500
2021£299,975£98,500£201,000£155,600
2022£340,000£115,000£225,000£159,975
2023£319,000£112,500£220,000£161,000
2024£347,250£111,000£215,250£175,000
2025£350,000£117,500£240,000£175,500
2026£295,000£116,500£220,000£170,000
Ten year median sale price trend for each property type in Wem.

Price per sq ft

Ten year median sale price per square foot trend for each property type in Wem.
YearDetachedFlatsSemi-DetachedTerraced
2016£201£162£199£159
2017£212£160£196£200
2018£205£115£186£169
2019£212£152£181£172
2020£241£115£206£190
2021£248£167£235£205
2022£282£172£265£240
2023£306£178£246£222
2024£277£170£250£232
2025£283£190£242£207
2026£303£190£278£215
Ten year median sale price per square foot trend for each property type in Wem.

Price distribution by property typelast 12 months

Price distribution by property type for Wem in the last year.

Recent sales

There were 35 recent sold properties in the last 18 months near SY4 5HZ.

Recent sold properties in the last 18 months near SY4 5HZ
DateAddressTypeTenurePriceMap
05 Feb 20264, Lacon Drive, Shrewsbury, SY4 5JADetachedFreehold£275,000
01 Aug 20259, Lacon Drive, Shrewsbury, SY4 5JADetachedFreehold£325,000
27 Apr 20263, Soulton Crescent, Shrewsbury, SY4 5HYSemi-DetachedFreehold£220,000
27 Mar 202637, Cordwell Park, Shrewsbury, SY4 5BBTerracedFreehold£126,000
15 Apr 202665, Cordwell Park, Shrewsbury, SY4 5BETerracedFreehold£116,000

Other properties at this postcode

AddressTenureFloor areaLast sale
3, Three Gates, Wem, ShrewsburyFreehold61 m²£169,950 (2010)
4, Three Gates, Wem, ShrewsburyFreehold59 m²£149,950 (2004)
5, Three Gates, Wem, ShrewsburyFreehold66 m²£141,000 (2019)

Area insights for SY4 5HZ

Full area profile →

Overview

Postcode SY4 5HZ is located in a rural town, within the Wem area of Shropshire in the West Midlands region, and forms part of the Wem area. It has high deprivation and high crime levels, with around 80.9 crimes per 1,000 residents per year, about 17% below the West Midlands average of 97 per 1,000. The average income per household in Wem is £43,745 per year. The median sale price in Wem is £255,000 (around £262 per square foot), with typical sale prices between £195,000 and £336,250. The nearest station is Wem, about 0.2 miles away. There are 1 primary and 1 secondary schools in the area. There are 2 parks nearby, the closest small park is Wem Recreation Ground.

Crime rate
8/10
Crimes per 1k residents
81
Deprivation level
8/10
Income level
3/10
Social housing
46.2%
Connectivity
N/A
Flood Risk
No risk
Noise Level
No noise

Deprivation level

8/10

Wem has a high level of deprivation, ranked at position 9,995 out of 32,844 areas in England, placing it within the top 30% most deprived areas in England.

Crime level

8/10

Wem has a high crime rate, with approximately 80.9 reported incidents per 1,000 population each year.

Social housing

46.2%

Approximately 46.2% of homes on this street are social housing provided by a local council or housing association. Across the surrounding area, around 13.9% of dwellings are socially rented.

Income level

3/10

The average income per household in Wem is £43,745 per year.

Noise Level

No noise

No significant noise sources from railways or roads near SY4 5HZ.

Flood risk

No risk

Wem near SY4 5HZ has no flood risk (less than 0.1% chance of a flood each year) from rivers and sea.

Transport

The nearest station is Wem located about 0.2 miles away. There are 1 stations nearby.

Nearby public transport stations for SY4 5HZ
DistanceNameLinesDirections
0.2 mi

Wem

N/A

Walking directions to Wem

Parks

Nearby parks and green spaces for SY4 5HZ
DistanceNameSizeDirections
0.3 miWem Recreation GroundSmallWalking directions to Wem Recreation Ground
0.4 miWheatfields Play AreaSmallWalking directions to Wheatfields Play Area

Area Profile

Population
240
Population density
5,769.2 per km²

Crime

Crime per 1,000 population

Violence and sexual offences
46.97(+21%)
Anti-social behaviour
17.84(+66%)
Shoplifting
16.65(+91%)
Criminal damage and arson
10.11(+39%)
Public order
8.32(+37%)
West Midlands average

Demographics

Ethnic groups

British
225
93.36%
White and Black Caribbean (mixed)
6
2.49%
Indian
3
1.24%
Other White
3
1.24%
Other Mixed or Multiple ethnic groups
2
0.83%
Total population: 241

Economics

Education (age 16+)

Level 1 (GCSEs 3-1)
44
22%
No qualifications
42
21%
Level 2 (GCSEs 9-4)
37
18.5%
Level 4+ (Degree)
32
16%
Level 3 (A level)
29
14.5%
Total 16+ residents: 200

Housing

Housing tenure

Other social rented
42
35.29%
Owns outright
32
26.89%
Owns with a mortgage
18
15.13%
Social rents from council
13
10.92%
Private landlord or letting agency
13
10.92%
Total households: 119

Schools

In the SY4 5HZ postcode area, located within Wem, there are 1 primary and 1 secondary schools in close proximity.

Nearby primary and secondary schools for SY4 5HZ
DistancePhaseNameTypeRating
0.4 miPrimarySt Peter's CofE Primary SchoolAcademy converter

Good

0.7 miSecondaryThe Thomas Adams SchoolAcademy converter

Good

Local amenities

3 nearby supermarkets & convenience stores within 0.5 mi of SY4 5HZ

Nearby supermarkets & convenience stores for SY4 5HZ
DistanceNameAddressDirections
0.3 miDedman StoresShrubbery Gardens, Wem, SY4 5BUWalking directions to Dedman Stores
0.4 miThe Co-operative FoodHigh Street, Wem, SY4 5NYWalking directions to The Co-operative Food
0.5 miStar Shop37 High Street, Wem, SY4 5DGWalking directions to Star Shop