According to the public record, 15, Meadow Drive, Telford is a mid-century freehold house and with 957 ft2 of internal area and sits on a 565 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Meadow Drive, Walcot, Telford, TF6 is located within the TF6 postal district.
15, Meadow Drive, Telford has 3 entries in the Land Registry database, most recently in May 2021 and 2 entries in the EPC database, most recently in December 2019.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 15 Meadow Drive Telford as £270,369 and the rental value as £1,117 per month giving an expected gross yield of 5%.
Over the last 12 months the sale value of 15 Meadow Drive Telford has increased by £4,509 (1.7%) and its rental value has increased by £28 per month (2.5%).
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 15, Meadow Drive, Telford is in very good condition we estimate a sale value of £283,887 and rental value of £1,173 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £251,443 and a rental value of £1,039 per month.
If you were able to purchase this property for the estimated value of £270,369, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,329 per month.
This figure is only an estimate but we've partnered with Mortgage Advice Bureau who can provide a figure tailored for you! Get started using their mortgage finder below.
According to data from HM Land Registry, 15, Meadow Drive, Telford sits on a plot of 565m2.
We have plot size data on 9 out of 18 other houses in the postcode and 15, Meadow Drive, Telford sits on the largest plot.
According to HM Land Registry, 15, Meadow Drive, Telford was last sold on 28 May 2021 for £250,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since May 2021, the market for similar properties has risen 15.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 15, Meadow Drive, Telford within a radius of 66m over the last 2 years.
The most recent example is 8, Meadow Drive, Telford, TF6 5EL, a Freehold house which sold for £290,000 in Sep 2022.
Read more about house prices in TF6.
Meadow Drive, Walcot, Telford, TF6 has a total of 18 addresses. According to our analysis of all the public data, 15, Meadow Drive, Telford is the 4th largest and the 4th most expensive property on the street.
When compared to the postcode district it is £25k more expensive than the average property in TF6.
15, Meadow Drive, Telford has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 16 Dec 2019.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to 15, Meadow Drive, Telford is Wellington (Shropshire) station which is 5.3 km away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 15, Meadow Drive, Telford, 52.0% of property is privately owned outright and 35.4% is privately owned with a mortgage.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 15, Meadow Drive, Telford, 17.0% of residents are recorded as possessing school level qualifications and 30.1% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales
The most recent census in 2021 recorded the age of all UK residents.
In the area around 15, Meadow Drive, Telford, the average age was 45.4 and the most common age was 57.
The graph below shows how this compares to West Midlands and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 15, Meadow Drive, Telford, 0.3% of property was a second home.
Comparison figures for West Midlands and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 15, Meadow Drive, Telford, there are an average of 1.9 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.