2 Red Bank Lane

    2, RED BANK LANE, MARKET DRAYTON, TF9 1AU

    This terraced freehold property on Red Bank Lane last sold in June 2013 for £86,000. Based on price growth in the TF9 district since then, its estimated current value is £117,118 — placing it in the 6th percentile nationally and the 4th percentile within TF9. The property covers 78 m² (840 sq ft), giving an estimated value of £1,502 per m². The EPC rating is D, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    840 sq ft

    78 m²

    Last Sale Price

    £86,000

    Jun 2013

    Estimated Valuation

    £117,118

    Est. £/sq ft

    £140/sq ft

    £1,502/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formEnd-Terrace
    Construction ageEngland and Wales: 1950-1966
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialB
    Floor area840 sq ft (78 m²)
    EPC dateJul 2014
    WallsCavity wall, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    28 Jun 2013

    £86,000

    Key Metrics

    Estimated valuation£117,118
    Value per sq ft / m²£140/sq ft (£1,502/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    TF9 district percentile4th percentile
    National percentile6th percentile

    District Context — TF9

    TF9 covers the southern part of Shropshire, centred on the market town of Ludlow and surrounding rural communities. It is a characterful area blending historic market-town appeal with countryside living, popular with both families and retirees.

    Average Property Price - TF9

    £322,175

    49

    National percentile

    Average Net Household Income - TF9

    £37,267

    45

    National percentile

    10-Year Annualised Price Growth - TF9

    4.1%

    68

    National percentile

    10-Year Annualised Rent Growth - TF

    3.6%

    38

    National percentile

    View full analysis for TF9

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