40 Mccormick Drive

    40, MCCORMICK DRIVE, TELFORD, TF1 3LZ

    This detached freehold property on Mccormick Drive last sold in October 2024 for £255,000. Based on price growth in the TF1 district since then, its estimated current value is £250,459 — placing it in the 38th percentile nationally and the 66th percentile within TF1. The property covers 78 m² (840 sq ft), giving an estimated value of £3,211 per m². The EPC rating is C, with a potential rating of B.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    840 sq ft

    78 m²

    Last Sale Price

    £255,000

    Oct 2024

    Estimated Valuation

    £250,459

    Est. £/sq ft

    £298/sq ft

    £3,211/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 1996-2002
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area840 sq ft (78 m²)
    EPC dateFeb 2023
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    30 Oct 2024

    £255,000

    8 Jul 2010

    £145,000

    18 Dec 2000

    £78,000

    19 Feb 1997

    New build

    £62,950

    Key Metrics

    Estimated valuation£250,459
    Value per sq ft / m²£298/sq ft (£3,211/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    TF1 district percentile66th percentile
    National percentile38th percentile

    District Context — TF1

    TF1 covers Telford town centre and its immediate surroundings in Shropshire, positioned in the West Midlands region. It is a working industrial and commercial hub with a solid owner-occupied base, offering practical family housing and rental stock.

    Average Property Price - TF1

    £222,083

    18

    National percentile

    Average Net Household Income - TF1

    £35,507

    35

    National percentile

    10-Year Annualised Price Growth - TF1

    3.4%

    44

    National percentile

    10-Year Annualised Rent Growth - TF

    3.6%

    38

    National percentile

    View full analysis for TF1

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