1 Bright Lane

    1, BRIGHT LANE, TELFORD, TF3 5JA

    This detached freehold property on Bright Lane last sold in July 2019 for £244,950. Based on price growth in the TF3 district since then, its estimated current value is £300,088 — placing it in the 49th percentile nationally and the 85th percentile within TF3. The property covers 112 m² (1,206 sq ft), giving an estimated value of £2,679 per m². The EPC rating is C, with a potential rating of B.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    1,206 sq ft

    112 m²

    Last Sale Price

    £244,950

    Jul 2019

    Estimated Valuation

    £300,088

    Est. £/sq ft

    £249/sq ft

    £2,679/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction age2015
    Habitable roomsNot available
    Main fuelGas: mains gas
    EPC currentC
    EPC potentialB
    Floor area1,206 sq ft (112 m²)
    EPC dateMay 2019
    WallsAverage thermal transmittance 0.32 W/m
    HeatingBoiler and radiators, mains gas

    Transaction History

    19 Jul 2019

    New build

    £244,950

    Key Metrics

    Estimated valuation£300,088
    Value per sq ft / m²£249/sq ft (£2,679/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    TF3 district percentile85th percentile
    National percentile49th percentile

    District Context — TF3

    TF3 covers areas in Shropshire, positioned in the west Midlands region. It is a largely rural and semi-rural postcode with a mix of village communities and agricultural character.

    Average Property Price - TF3

    £206,305

    14

    National percentile

    Average Net Household Income - TF3

    £23,209

    2

    National percentile

    10-Year Annualised Price Growth - TF3

    4.6%

    82

    National percentile

    10-Year Annualised Rent Growth - TF

    3.6%

    38

    National percentile

    View full analysis for TF3

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