According to the public record, 2, Oak Tree Close, Market Drayton is a modern freehold house with 775 ft2 of internal area and sits on a 153 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Oak Tree Close, Market Drayton, TF9 is located within the TF9 postal district.
2, Oak Tree Close, Market Drayton has a single entry in the Land Registry database from November 2011 and a single entry in the EPC database dated October 2021.
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 2 Oak Tree Close Market Drayton as £219,145 and the rental value as £1,143 per month giving an expected gross yield of 6.3%.
Over the last 12 months the sale value of 2 Oak Tree Close Market Drayton has increased by £6,629 (3.0%) and its rental value has increased by £83 per month (7.3%).
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 2, Oak Tree Close, Market Drayton is in very good condition we estimate a sale value of £230,102 and rental value of £1,200 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £203,805 and a rental value of £1,063 per month.
If you were able to purchase this property for the estimated value of £219,145, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,077 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, 2, Oak Tree Close, Market Drayton sits on a plot of 153m2.
We have plot size data on 6 out of 6 other houses in the postcode and 2, Oak Tree Close, Market Drayton sits on the 5th largest plot.
According to HM Land Registry, 2, Oak Tree Close, Market Drayton was last sold on 01 Nov 2011 for £125,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Nov 2011, the market for similar properties has risen 69.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Oak Tree Close, Market Drayton within a radius of 870 metres over the last 2 years.
The most recent example is 21, Melrose Crescent, Market Drayton, TF9 1NB, a Freehold house which sold for £260,000 in Mar 2024.
Read more about house prices in TF9.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Oak Tree Close, Market Drayton, TF9 has a total of 6 addresses. According to our analysis of all the public data, 2, Oak Tree Close, Market Drayton is the 6th largest and the 6th most expensive property on the street.
When compared to the postcode district it is £88k less expensive than the average property in TF9.
2, Oak Tree Close, Market Drayton has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 15 Oct 2021.
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 2, Oak Tree Close, Market Drayton is Prees station which is 12.9 kilometres 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 2, Oak Tree Close, Market Drayton, 39.6% of property is privately owned outright and 29.9% 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 2, Oak Tree Close, Market Drayton, 16.6% of residents are recorded as possessing school level qualifications and 17.1% 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 2, Oak Tree Close, Market Drayton, the average age was 43.2 and the most common age was 52.
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 2, Oak Tree Close, Market Drayton, 1.0% 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 2, Oak Tree Close, Market Drayton, there are an average of 1.4 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.