According to the public record, Meadow Way, Market Drayton is a mid-century house with 893 ft2 of internal area and sits on a 450 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Great Hales Street, Market Drayton, TF9 is located within the TF9 postal district.
Meadow Way, Market Drayton has no records in the Land Registry database and a single entry in the EPC database dated August 2023.
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 reasonable condition, we estimate the current sale value for Meadow Way Market Drayton as £308,699 and the rental value as £1,294 per month giving an expected gross yield of 5%.
Over the last 12 months the sale value of Meadow Way Market Drayton has increased by £8,418 (2.7%) and its rental value has increased by £78 per month (6.0%).
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 Meadow Way, Market Drayton is in very good condition we estimate a sale value of £324,134 and rental value of £1,359 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £287,090 and a rental value of £1,204 per month.
If you were able to purchase this property for the estimated value of £308,699, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,517 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, Meadow Way, Market Drayton sits on a plot of 450m2.
We have plot size data on 11 out of 22 other houses in the postcode and Meadow Way, Market Drayton sits on the 7th largest plot.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Meadow Way, Market Drayton within a radius of 780 metres over the last 2 years.
The most recent example is 14, Grove Gardens, Market Drayton, TF9 1HG, a Freehold house which sold for £250,000 in Nov 2022.
Read more about house prices in TF9.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Great Hales Street, Market Drayton, TF9 has a total of 55 addresses. According to our analysis of all the public data, Meadow Way, Market Drayton is the 30th largest and the 26th most expensive property on the street.
When compared to the postcode district it is £1k more expensive than the average property in TF9.
Meadow Way, Market Drayton has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 17 Aug 2023.
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 Meadow Way, Market Drayton is Prees station which is 14.1 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 Meadow Way, Market Drayton, 53.1% of property is privately owned outright and 31.5% 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 Meadow Way, Market Drayton, 10.8% of residents are recorded as possessing school level qualifications and 31.0% 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 Meadow Way, 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 Meadow Way, Market Drayton, 1.2% 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 Meadow Way, Market Drayton, there are an average of 1.5 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.