According to the public record, 31, Wood Lane, Market Drayton is a freehold house.
By comparing it to neighbours, we estimate that it is a period house with 1,747 ft2 of internal area and a garden.
Houses of this size in this area normally have 4 bedrooms.
Wood Lane, Wollerton, Market Drayton, TF9 is located within the TF9 postal district.
31, Wood Lane, Market Drayton has 2 entries in the Land Registry database, most recently in June 2021 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 31 Wood Lane Market Drayton as £390,979 and the rental value as £1,598 per month giving an expected gross yield of 4.9%.
Over the last 12 months the sale value of 31 Wood Lane Market Drayton has increased by £7,146 (1.8%) and its rental value has increased by £79 per month (4.9%).
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 31, Wood Lane, Market Drayton is in very good condition we estimate a sale value of £410,528 and rental value of £1,678 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £363,610 and a rental value of £1,486 per month.
If you were able to purchase this property for the estimated value of £390,979, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,922 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 HM Land Registry, 31, Wood Lane, Market Drayton was last sold on 15 Jun 2021 for £475,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Jun 2021, the market for similar properties has risen 15.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 31, Wood Lane, Market Drayton within a radius of 2.9km over the last 2 years.
The most recent example is Brookside Cottage, Wood Lane, Market Drayton, TF9 3NY, a Freehold house which sold for £545,000 in Sep 2021.
Read more about house prices in TF9.
Wood Lane, Wollerton, Market Drayton, TF9 has a total of 21 addresses. According to our analysis of all the public data, 31, Wood Lane, Market Drayton is the 6th largest and the 8th most expensive property on the street.
When compared to the postcode district it is £83k more expensive than the average property in TF9.
The closest station to 31, Wood Lane, Market Drayton is Prees station which is 8.4 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 31, Wood Lane, Market Drayton, 54.2% of property is privately owned outright and 29.2% 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 31, Wood Lane, Market Drayton, 11.8% of residents are recorded as possessing school level qualifications and 45.1% 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 31, Wood Lane, Market Drayton, the average age was 44 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 31, Wood Lane, Market Drayton, 0.7% 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 31, Wood Lane, Market Drayton, 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.