According to the public record, 27, Maer Lane, Market Drayton is a mid-century freehold house with 861 ft2 of internal area and sits on a 293 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Maer Lane, Market Drayton, TF9 is located within the TF9 postal district.
27, Maer Lane, Market Drayton has 21 entries in the Land Registry database, most recently in May 2017 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 27 Maer Lane Market Drayton as £137,298 and the rental value as £748 per month giving an expected gross yield of 6.5%.
Over the last 12 months the sale value of 27 Maer Lane Market Drayton has increased by £4,206 (3.1%) and its rental value has increased by £55 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 27, Maer Lane, Market Drayton is in very good condition we estimate a sale value of £144,163 and rental value of £785 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £127,688 and a rental value of £695 per month.
If you were able to purchase this property for the estimated value of £137,298, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £675 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, 27, Maer Lane, Market Drayton sits on a plot of 293m2.
We have plot size data on 2 out of 8 other houses in the postcode and 27, Maer Lane, Market Drayton sits on the 2nd largest plot.
According to HM Land Registry, 27, Maer Lane, Market Drayton was last sold on 02 May 2017 for £95,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since May 2017, the market for similar properties has risen 43.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 27, Maer Lane, Market Drayton within a radius of 720 metres over the last 2 years.
The most recent example is 15, Hawthorn Way, Market Drayton, TF9 1QH, a Freehold house which sold for £120,000 in Jun 2021.
Read more about house prices in TF9.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Maer Lane, Market Drayton, TF9 has a total of 37 addresses. According to our analysis of all the public data, 27, Maer Lane, Market Drayton is the 23rd largest and the 35th most expensive property on the street.
When compared to the postcode district it is £170k less expensive than the average property in TF9.
27, Maer Lane, Market Drayton has an Energy Performance Rating (EPC) of D. 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 27, Maer Lane, Market Drayton is Prees station which is 13.8 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 27, Maer Lane, Market Drayton, 40.9% of property is privately owned outright and 28.9% is privately rented.
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 27, Maer Lane, Market Drayton, 11.5% of residents are recorded as possessing school level qualifications and 19.4% 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 27, Maer Lane, 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 27, Maer Lane, Market Drayton, 0.0% 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 27, Maer Lane, Market Drayton, there are an average of 1.3 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.