According to the public record, 8, Priors Lane, Market Drayton is a modern freehold house with 951 ft2 of internal area and sits on a 346 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Priors Lane, Market Drayton, TF9 is located within the TF9 postal district.
8, Priors Lane, Market Drayton has a single entry in the Land Registry database from October 2009 and a single entry in the EPC database dated April 2009.
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 8 Priors Lane Market Drayton as £286,376 and the rental value as £1,302 per month giving an expected gross yield of 5.5%.
Over the last 12 months the sale value of 8 Priors Lane Market Drayton has increased by £8,266 (2.9%) and its rental value has increased by £93 per month (7.1%).
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 8, Priors Lane, Market Drayton is in very good condition we estimate a sale value of £300,695 and rental value of £1,368 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £266,330 and a rental value of £1,211 per month.
If you were able to purchase this property for the estimated value of £286,376, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,407 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, 8, Priors Lane, Market Drayton sits on a plot of 346m2.
We have plot size data on 23 out of 29 other houses in the postcode and 8, Priors Lane, Market Drayton sits on the 13th largest plot.
According to HM Land Registry, 8, Priors Lane, Market Drayton was last sold on 09 Oct 2009 for £189,995 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Oct 2009, the market for similar properties has risen 68.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 8, Priors Lane, Market Drayton within a radius of 780 metres over the last 2 years.
The most recent example is 7, Priory Court, Market Drayton, TF9 3UP, a Freehold house which sold for £270,000 in May 2023.
Read more about house prices in TF9.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Priors Lane, Market Drayton, TF9 has a total of 29 addresses. According to our analysis of all the public data, 8, Priors Lane, Market Drayton is the 20th largest and the 18th most expensive property on the street.
When compared to the postcode district it is £21k less expensive than the average property in TF9.
8, Priors Lane, Market Drayton has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 22 Apr 2009.
The property is not connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to 8, Priors Lane, Market Drayton is Prees station which is 12.5 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 8, Priors Lane, Market Drayton, 37.6% of property is privately owned outright and 32.7% 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 8, Priors Lane, Market Drayton, 18.1% of residents are recorded as possessing school level qualifications and 23.9% 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 8, Priors 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 8, Priors Lane, Market Drayton, 0.4% 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 8, Priors Lane, 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.