Grasmere Red Lees

    GRASMERE, RED LEES, TELFORD, TELFORD, TF1 5DE

    This detached freehold property on Red Lees last sold in October 2002 for £125,000. Based on price growth in the TF1 district since then, its estimated current value is £286,147 — placing it in the 46th percentile nationally and the 76th percentile within TF1. The property covers 119 m² (1,281 sq ft), giving an estimated value of £2,405 per m². The EPC rating is D, with a potential rating of C.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    1,281 sq ft

    119 m²

    Last Sale Price

    £125,000

    Oct 2002

    Estimated Valuation

    £286,147

    Est. £/sq ft

    £223/sq ft

    £2,405/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 1950-1966
    Habitable rooms6
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialC
    Floor area1,281 sq ft (119 m²)
    EPC dateOct 2021
    WallsCavity wall, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    11 Oct 2002

    £125,000

    Key Metrics

    Estimated valuation£286,147
    Value per sq ft / m²£223/sq ft (£2,405/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    TF1 district percentile76th percentile
    National percentile46th 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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