2 Bright Lane

    2, BRIGHT LANE, TELFORD, TF3 5JA

    This terraced freehold property on Bright Lane last sold in August 2020 for £200,000. Based on price growth in the TF3 district since then, its estimated current value is £248,085 — placing it in the 37th percentile nationally and the 72nd percentile within TF3. The property covers 93 m² (1,001 sq ft), giving an estimated value of £2,668 per m². The EPC rating is B, with a potential rating of A.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    1,001 sq ft

    93 m²

    Last Sale Price

    £200,000

    Aug 2020

    Estimated Valuation

    £248,085

    Est. £/sq ft

    £248/sq ft

    £2,668/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formEnd-Terrace
    Construction age2015
    Habitable roomsNot available
    Main fuelGas: mains gas
    EPC currentB
    EPC potentialA
    Floor area1,001 sq ft (93 m²)
    EPC dateMar 2018
    WallsAverage thermal transmittance 0.27 W/m²K
    HeatingBoiler and radiators, mains gas

    Transaction History

    14 Aug 2020

    £200,000

    28 Mar 2018

    New build

    £205,000

    Key Metrics

    Estimated valuation£248,085
    Value per sq ft / m²£248/sq ft (£2,668/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    TF3 district percentile72nd percentile
    National percentile37th 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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