4 Bright Lane

    4, BRIGHT LANE, TELFORD, TF3 5JA

    This detached freehold property on Bright Lane last sold in December 2017 for £257,000. Based on price growth in the TF3 district since then, its estimated current value is £362,621 — placing it in the 61st percentile nationally and the 94th percentile within TF3. The property covers 139 m² (1,496 sq ft), giving an estimated value of £2,609 per m². The EPC rating is B, with a potential rating of A.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    1,496 sq ft

    139 m²

    Last Sale Price

    £257,000

    Dec 2017

    Estimated Valuation

    £362,621

    Est. £/sq ft

    £242/sq ft

    £2,609/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction age2015
    Habitable roomsNot available
    Main fuelGas: mains gas
    EPC currentB
    EPC potentialA
    Floor area1,496 sq ft (139 m²)
    EPC dateOct 2017
    WallsAverage thermal transmittance 0.25 W/m²K
    HeatingBoiler and radiators, mains gas

    Transaction History

    21 Dec 2017

    £257,000

    Key Metrics

    Estimated valuation£362,621
    Value per sq ft / m²£242/sq ft (£2,609/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    TF3 district percentile94th percentile
    National percentile61st 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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