TF1 1RE is a residential postcode situated on Kingshaye Road, Wellington, Telford, TF1 with 23 addresses.
It ranks as the 740th largest and 2nd most expensive of the 1,112 postcodes in the TF1 area. The dominant property type is a mid-century flat built between 1936 and 1979.
The postcode contains a total of 23 properties: 23 flats.
TF1 1RE is a residential postcode situated on Kingshaye Road, Wellington, Telford, TF1 with 23 addresses.
It ranks as the 740th largest and 2nd most expensive of the 1,112 postcodes in the TF1 area. The dominant property type is a mid-century flat built between 1936 and 1979.
The postcode contains a total of 23 properties: 23 flats.
Sale prices range from £52,090 for 1 bedroom leasehold flats (301 ft2) to £75,994 for 2 bedroom leasehold flats (710 ft2) .
Monthly rental prices range from £309 pcm for 1 bed flats to £445 pcm for 2 bed flats.
The gross rental yield is between 7.0% and 7.3%.
The average value per square foot is £157.
The last sale in TF1 1RE sold for £45,000 on 16th July 2021. Since then prices are up an average of 15.1%.
The current average value in the postcode is £61,751.
The TF1 1RE Sales Market has increased by 35.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 1.5% | £61,751 |
| April 2025 | -0.8% | £60,838 |
| April 2024 | 1.9% | £61,311 |
| April 2023 | 4.1% | £60,149 |
| April 2022 | 10.3% | £57,759 |
| April 2021 | 5.3% | £52,386 |
| April 2020 | 1.9% | £49,766 |
| April 2019 | 4.1% | £48,857 |
| April 2018 | 0.7% | £46,943 |
| April 2017 | 2.4% | £46,624 |
| April 2016 | 0.4% | £45,534 |
| April 2015 | 3% | £45,353 |
| April 2014 | 1.7% | £44,036 |
| April 2013 | 0.4% | £43,286 |
| April 2012 | -2.6% | £43,117 |
| April 2011 | -2.3% | £44,250 |
| April 2010 | 4.3% | £45,287 |
| April 2009 | -15% | £43,419 |
| April 2008 | -2.2% | £51,083 |
| April 2007 | 0% | £52,227 |
The current average rental value in the postcode is £366.
The TF1 1RE Rental Market has increased by 32.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 3.7% | £366pcm |
| April 2025 | 4.7% | £353pcm |
| April 2024 | 6.2% | £337pcm |
| April 2023 | 5.6% | £317pcm |
| April 2022 | 7.6% | £300pcm |
| April 2021 | 2.5% | £279pcm |
| April 2020 | 1.3% | £272pcm |
| April 2019 | -0.4% | £269pcm |
| April 2018 | -0.7% | £270pcm |
| April 2017 | -1.3% | £272pcm |
| April 2016 | 0.4% | £275pcm |
| April 2015 | 2.9% | £274pcm |
| April 2014 | 0.2% | £267pcm |
| April 2013 | -1.5% | £266pcm |
| April 2012 | -1.6% | £270pcm |
| April 2011 | 1.8% | £275pcm |
| April 2010 | 0.2% | £270pcm |
| April 2009 | -5.9% | £269pcm |
| April 2008 | 2.1% | £286pcm |
| April 2007 | 0% | £280pcm |
The last sale was on 16th July 2021 for £45,000 and since then the market in the area has increased by 15.1%. The postcode has had a total of 4 sales since 1995.
TF1 1RE has seen no sales in the last three years and no sales in the last twelve months.
TF1 1RE is the 740th largest and the 2nd most expensive postcode out of the 1,112 postcodes in the TF1 area.
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The closest station to TF1 1RE is Wellington (Shropshire) station which is 600 metres away.
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