Furnace Lane - TF2 7JE
Key Postcode Insights
TF2 7JE is a residential postcode situated on Furnace Lane, Trench, Telford, TF2 with 21 addresses.
It ranks as the 911th largest and 312th most expensive of the 1,340 postcodes in the TF2 area. The most common property type is a modern flat built after 1980.
The postcode contains a total of 21 properties: 13 houses and 8 flats.
- Ave. Sale Price
- £158,477
- 10 Year change
- up 52.1%
- Ave. Rental Price
- £799pcm
- 10 Year change
- up 54.8%
- Ave. £ per ft²
- £201/ft²
- Ave. Gross Yield
- 6.1%/year/yr
Key Postcode Insights
TF2 7JE is a residential postcode situated on Furnace Lane, Trench, Telford, TF2 with 21 addresses.
It ranks as the 911th largest and 312th most expensive of the 1,340 postcodes in the TF2 area. The most common property type is a modern flat built after 1980.
The postcode contains a total of 21 properties: 13 houses and 8 flats.
- Ave. Sale Price
- £158,477
- 10 Year change
- up 52.1%
- Ave. Rental Price
- £799pcm
- 10 Year change
- up 54.8%
- Ave. £ per ft²
- £201/ft²
- Ave. Gross Yield
- 6.1%/year/yr
Explore Propertiesin TF2 7JE
- Brooklands
4 Bed Period House
- Oakenwell
Unknown
- Two Ways Bungalow
Unknown
- 60A Furnace Lane
3 Bed Modern House
- 60B Furnace Lane
4 Bed Modern House
Sales Market Trends
The last sale in TF2 7JE sold for £125,000 on 11th September 2023. Since then prices are up an average of 3.7%.
The current average value in the postcode is £158,477.
The TF2 7JE Sales Market has increased by 52.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 0.8% | £158,477 |
| June 2025 | 1.5% | £157,279 |
| June 2024 | 2.1% | £155,008 |
| June 2023 | 4.3% | £151,812 |
| June 2022 | 11.5% | £145,603 |
| June 2021 | 8.5% | £130,581 |
| June 2020 | 3.8% | £120,334 |
| June 2019 | 6.2% | £115,981 |
| June 2018 | 2.6% | £109,171 |
| June 2017 | 2.1% | £106,412 |
| June 2016 | 1.8% | £104,217 |
| June 2015 | 1.4% | £102,385 |
| June 2014 | 5.5% | £100,973 |
| June 2013 | 0.8% | £95,744 |
| June 2012 | -1% | £94,980 |
| June 2011 | -2.4% | £95,905 |
| June 2010 | 6.6% | £98,299 |
| June 2009 | -15.5% | £92,199 |
| June 2008 | -1.6% | £109,140 |
| June 2007 | 0% | £110,864 |
Rental Market Trends
The current average rental value in the postcode is £799.
The TF2 7JE Rental Market has increased by 54.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 4.8% | £799pcm |
| June 2025 | 6.1% | £762pcm |
| June 2024 | 6% | £719pcm |
| June 2023 | 8.4% | £678pcm |
| June 2022 | 10% | £626pcm |
| June 2021 | 5.6% | £569pcm |
| June 2020 | 0.7% | £538pcm |
| June 2019 | 1.1% | £535pcm |
| June 2018 | 1.5% | £529pcm |
| June 2017 | 0.9% | £521pcm |
| June 2016 | 0.4% | £516pcm |
| June 2015 | 3.3% | £514pcm |
| June 2014 | 2.3% | £497pcm |
| June 2013 | -0.8% | £486pcm |
| June 2012 | 0.1% | £490pcm |
| June 2011 | -0.7% | £490pcm |
| June 2010 | 2.9% | £493pcm |
| June 2009 | -6% | £479pcm |
| June 2008 | 1.1% | £510pcm |
| June 2007 | 0% | £504pcm |
Sales History
The last sale was on 11th September 2023 for £125,000 and since then the market in the area has increased by 3.7%. The postcode has had a total of 27 sales since 1995.
TF2 7JE has seen 1 sale in the last three years and no sales in the last twelve months.
- Sold Sep 2023£125,000 | 3 Bed House60, Furnace Lane, Telford, TF2 7JE60, Furnace Lane, Telford, TF2 7JE
- Sold Jun 2022£295,000 | 4 Bed HouseBrooklands, Furnace Lane, Telford, TF2 7JEBrooklands, Furnace Lane, Telford, TF2 7JE
- Sold Jul 2019£172,500 | 4 Bed HouseBrooklands, Furnace Lane, Telford, TF2 7JEBrooklands, Furnace Lane, Telford, TF2 7JE
- Sold Aug 2017£150,000 | 3 Bed House62, Furnace Lane, Telford, TF2 7JE62, Furnace Lane, Telford, TF2 7JE
- Sold Jun 2015£146,500 | 3 Bed House60A, Furnace Lane, Telford, TF2 7JE60A, Furnace Lane, Telford, TF2 7JE
Nearby Postcodes
TF2 7JE is the 911th largest and the 312th most expensive postcode out of the 1,340 postcodes in the TF2 area.
- TF2 7JH, Priestland Terrace, Donnington, Telford, TF2TF2 7JH12 Addresses|38 m away
- TF2 7JD, Furnace Lane, Trench, Telford, TF2TF2 7JD2 Addresses|65 m away
- TF2 7JB, Furnace Lane, Trench, Telford, TF2TF2 7JB2 Addresses|77 m away
- TF2 7JA, Furnace Lane, Trench, Telford, TF2TF2 7JA2 Addresses|88 m away
- TF2 7HZ, Furnace Lane, Trench, Telford, TF2TF2 7HZ2 Addresses|99 m away
Property Types
- 3 period houses built between 1800 and 1911
- 5 modern houses built after 1980
- 6 modern flats built after 1980
- 1 house of an unknown age
- 6 other addresses of unknown type
- period house (3)
- modern house (5)
- modern flat (6)
- house (1)
- Unknown (6)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 14 properties.
- The most common rating is C.
- A (0)
- E (1)
- B (0)
- F (1)
- C (9)
- G (0)
- D (3)
- No EPC (7)
Top 3 Most Expensive Sales
- Sold Mar 2023£337,000 | 4 Bed HouseHumble Haven, Furnace Lane, Telford, TF2 7HYHumble Haven, Furnace Lane, Telford, TF2 7HY
- Sold Jun 2022£295,000 | 4 Bed HouseBrooklands, Furnace Lane, Telford, TF2 7JEBrooklands, Furnace Lane, Telford, TF2 7JE
- Sold Aug 2023£232,500 | 4 Bed House1 Brooklyn, Furnace Lane, Telford, TF2 7JD1 Brooklyn, Furnace Lane, Telford, TF2 7JD
Schools Nearby
- Donnington Wood CofE Voluntary Controlled Junior School300 m away
- Wrockwardine Wood Infant School and Nursery600 m away
- Wrockwardine Wood Church of England Junior School600 m away
- New Road Academy900 m away
- Hadley Learning Community - Secondary Phase2.8 km away
- Holy Trinity Academy3.8 km away
More reading links
Public Transport Nearby
The closest station to TF2 7JE is Oakengates station, which is 2.4 kilometres away.
- Oakengates|2.4 km away
- Telford Central|3.7 km away
- Wellington (Shropshire)|5.1 km away
- Shifnal|7.3 km away
