Falcon House New Works Lane

    FALCON HOUSE, NEW WORKS LANE, NEW WORKS, TELFORD, TF6 5BS

    This detached freehold property on New Works Lane last sold in September 2020 for £230,000. Based on price growth in the TF6 district since then, its estimated current value is £297,524 — placing it in the 49th percentile nationally and the 41st percentile within TF6. The property covers 68 m² (732 sq ft), giving an estimated value of £4,375 per m². The EPC rating is E, with a potential rating of A.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    732 sq ft

    68 m²

    Last Sale Price

    £230,000

    Sept 2020

    Estimated Valuation

    £297,524

    Est. £/sq ft

    £406/sq ft

    £4,375/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 1950-1966
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentE
    EPC potentialA
    Floor area732 sq ft (68 m²)
    EPC dateNov 2017
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    18 Sept 2020

    £230,000

    20 Nov 1996

    £60,000

    Key Metrics

    Estimated valuation£297,524
    Value per sq ft / m²£406/sq ft (£4,375/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    TF6 district percentile41st percentile
    National percentile49th percentile

    District Context — TF6

    TF6 covers the Market Drayton area and surrounding villages in north Shropshire, located in the English West Midlands. It is a rural and small-town postcode with a traditional character, appealing to families and those seeking quieter, countryside living.

    Average Property Price - TF6

    £368,678

    60

    National percentile

    Average Net Household Income - TF6

    £40,093

    59

    National percentile

    10-Year Annualised Price Growth - TF6

    3.2%

    36

    National percentile

    10-Year Annualised Rent Growth - TF

    3.6%

    38

    National percentile

    View full analysis for TF6

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