According to the public record, Waters Edge, Market Drayton is a modern freehold house with 1,065 ft2 of internal area and sits on a 1,338 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Betton Road, Market Drayton, TF9 is located within the TF9 postal district.
Waters Edge, Market Drayton has 31 entries in the Land Registry database, most recently in February 2021 and a single entry in the EPC database dated June 2017.
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 Waters Edge Market Drayton as £372,668 and the rental value as £1,359 per month giving an expected gross yield of 4.4%.
Over the last 12 months the sale value of Waters Edge Market Drayton has increased by £10,162 (2.7%) and its rental value has increased by £82 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 Waters Edge, Market Drayton is in very good condition we estimate a sale value of £391,301 and rental value of £1,427 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £346,581 and a rental value of £1,264 per month.
If you were able to purchase this property for the estimated value of £372,668, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,832 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, Waters Edge, Market Drayton sits on a plot of 1338m2.
We have plot size data on 18 out of 33 other houses in the postcode and Waters Edge, Market Drayton sits on the largest plot.
According to HM Land Registry, Waters Edge, Market Drayton was last sold on 05 Feb 2021 for £370,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since Feb 2021, the market for similar properties has risen 22.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Waters Edge, Market Drayton within a radius of 1.2 kilometres over the last 2 years.
The most recent example is 31, Sambrook Crescent, Market Drayton, TF9 1NG, a Freehold house which sold for £240,000 in Jul 2019.
Read more about house prices in TF9.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Betton Road, Market Drayton, TF9 has a total of 41 addresses. According to our analysis of all the public data, Waters Edge, Market Drayton is the 24th largest and the 21st most expensive property on the street.
When compared to the postcode district it is £65k more expensive than the average property in TF9.
Waters Edge, Market Drayton has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 19 Jun 2017.
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 Waters Edge, Market Drayton is Prees station which is 14.6 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 Waters Edge, Market Drayton, 71.6% of property is privately owned outright and 21.0% 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 Waters Edge, Market Drayton, 8.7% of residents are recorded as possessing school level qualifications and 35.4% 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 Waters Edge, 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 Waters Edge, Market Drayton, 1.3% 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 Waters Edge, Market Drayton, there are an average of 1.6 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.