According to the public record, Lavender Bank, Market Drayton is a modern house with 1,571 ft2 of internal area and sits on a 723 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Yew Tree Lane, Wistanswick, Market Drayton, TF9 is located within the TF9 postal district.
Lavender Bank, Market Drayton has no records in the Land Registry database and a single entry in the EPC database dated October 2020.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
Based on public information available, and assuming the property is in good condition, we estimate the current sale value for Lavender Bank Market Drayton as £388,108 and the rental value as £1,599 per month giving an expected gross yield of 4.9%.
Over the last 12 months the sale value of Lavender Bank Market Drayton has increased by £8,696 (2.2%) and its rental value has increased by £98 per month (6.1%).
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 Lavender Bank, Market Drayton is in very good condition we estimate a sale value of £407,514 and rental value of £1,679 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £360,941 and a rental value of £1,487 per month.
If you were able to purchase this property for the estimated value of £388,108, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,907 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, Lavender Bank, Market Drayton sits on a plot of 723m2.
We have plot size data on 14 out of 26 other houses in the postcode and Lavender Bank, Market Drayton sits on the 10th largest plot.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Lavender Bank, Market Drayton within a radius of 4.2 kilometres over the last 2 years.
The most recent example is The Elms, Yew Tree Lane, Market Drayton, TF9 2BD, a Freehold house which sold for £385,000 in Dec 2020.
Read more about house prices in TF9.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Yew Tree Lane, Wistanswick, Market Drayton, TF9 has a total of 26 addresses. According to our analysis of all the public data, Lavender Bank, Market Drayton is the 12th largest and the 9th most expensive property on the street.
When compared to the postcode district it is £80k more expensive than the average property in TF9.
Lavender Bank, Market Drayton has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 20 Oct 2020.
The property is not connected to mains gas and has high performance glazing. It is heated using an electric air source heat pump and underfloor heating.
The closest station to Lavender Bank, 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 Lavender Bank, Market Drayton, 35.6% of property is privately owned with a mortgage and 26.7% is socially 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 Lavender Bank, Market Drayton, 26.3% of residents are recorded as possessing school level qualifications and 18.7% 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 Lavender Bank, Market Drayton, the average age was 42.5 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 Lavender Bank, Market Drayton, 0.9% 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 Lavender Bank, 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.