Furnace Lane - TF2 7JZ
Key Postcode Insights
TF2 7JZ is a residential postcode situated on Furnace Lane, Trench, Telford, TF2 with 1 addresses.
It ranks as the 12th largest and 279th most expensive of the 1,340 postcodes in the TF2 area. The most common property type is a period house built between 1800 and 1911.
The postcode contains a total of 1 properties: 1 house.
- Ave. Sale Price
- £174,068
- 10 Year change
- up 55.9%
- Ave. Rental Price
- £880pcm
- 10 Year change
- up 58.6%
- Ave. £ per ft²
- £163/ft²
- Ave. Gross Yield
- 6.1%/year/yr
Key Postcode Insights
TF2 7JZ is a residential postcode situated on Furnace Lane, Trench, Telford, TF2 with 1 addresses.
It ranks as the 12th largest and 279th most expensive of the 1,340 postcodes in the TF2 area. The most common property type is a period house built between 1800 and 1911.
The postcode contains a total of 1 properties: 1 house.
- Ave. Sale Price
- £174,068
- 10 Year change
- up 55.9%
- Ave. Rental Price
- £880pcm
- 10 Year change
- up 58.6%
- Ave. £ per ft²
- £163/ft²
- Ave. Gross Yield
- 6.1%/year/yr
Sales Market Trends
The last sale in TF2 7JZ sold for £160,000 on 16th January 2023. Since then prices are up an average of 7.4%.
The current average value in the postcode is £174,068.
The TF2 7JZ Sales Market has increased by 55.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 0.8% | £174,068 |
| June 2025 | 1.9% | £172,640 |
| June 2024 | 1.9% | £169,457 |
| June 2023 | 4.6% | £166,286 |
| June 2022 | 11.9% | £158,929 |
| June 2021 | 8.9% | £142,088 |
| June 2020 | 3.9% | £130,504 |
| June 2019 | 6.6% | £125,629 |
| June 2018 | 3.1% | £117,864 |
| June 2017 | 2.4% | £114,338 |
| June 2016 | 2% | £111,640 |
| June 2015 | 1.7% | £109,494 |
| June 2014 | 5.9% | £107,679 |
| June 2013 | 1.2% | £101,681 |
| June 2012 | -0.8% | £100,481 |
| June 2011 | -2.4% | £101,242 |
| June 2010 | 7.1% | £103,782 |
| June 2009 | -14.6% | £96,921 |
| June 2008 | -1.3% | £113,443 |
| June 2007 | 0% | £114,939 |
Rental Market Trends
The current average rental value in the postcode is £880.
The TF2 7JZ Rental Market has increased by 58.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 4.9% | £880pcm |
| June 2025 | 6.5% | £839pcm |
| June 2024 | 5.7% | £788pcm |
| June 2023 | 8.8% | £745pcm |
| June 2022 | 10.5% | £685pcm |
| June 2021 | 5.9% | £620pcm |
| June 2020 | 0.8% | £586pcm |
| June 2019 | 1.4% | £581pcm |
| June 2018 | 2.1% | £573pcm |
| June 2017 | 1.3% | £562pcm |
| June 2016 | 0.6% | £555pcm |
| June 2015 | 3.6% | £551pcm |
| June 2014 | 2.7% | £532pcm |
| June 2013 | -0.4% | £518pcm |
| June 2012 | 0.3% | £520pcm |
| June 2011 | -0.8% | £519pcm |
| June 2010 | 3.4% | £523pcm |
| June 2009 | -4.9% | £506pcm |
| June 2008 | 1.3% | £532pcm |
| June 2007 | 0% | £525pcm |
Sales History
The last sale was on 16th January 2023 for £160,000 and since then the market in the area has increased by 7.4%. The postcode has had a total of 1 sales since 1995.
TF2 7JZ has seen 1 sale in the last three years and no sales in the last twelve months.
Nearby Postcodes
TF2 7JZ is the 12th largest and the 279th most expensive postcode out of the 1,340 postcodes in the TF2 area.
- TF2 7LG, Old Office Place, Trench, Telford, TF2TF2 7LG2 Addresses|61 m away
- TF2 7LF, Charles Street, Trench, Telford, TF2TF2 7LF2 Addresses|79 m away
- TF2 7LA, Charles Street, Trench, Telford, TF2TF2 7LA11 Addresses|81 m away
- TF2 7LU, Wood Close, Telford, TF2TF2 7LU9 Addresses|90 m away
- TF2 7HN, Canal Side, Trench, Telford, TF2TF2 7HN8 Addresses|93 m away
Property Types
- 1 period house built between 1800 and 1911
- period house (1)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 1 property.
- The most common rating is C.
- A (0)
- E (0)
- B (0)
- F (0)
- C (1)
- G (0)
- D (0)
- No EPC (0)
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
- Wrockwardine Wood Infant School and Nursery400 m away
- Donnington Wood CofE Voluntary Controlled Junior School600 m away
- Wrockwardine Wood Church of England Junior School800 m away
- New Road Academy500 m away
- Hadley Learning Community - Secondary Phase2.7 km away
- Holy Trinity Academy3.1 km away
More reading links
Public Transport Nearby
The closest station to TF2 7JZ is Oakengates station, which is 1.9 kilometres away.
- Oakengates|1.9 km away
- Telford Central|3.2 km away
- Wellington (Shropshire)|5.2 km away
- Shifnal|6.7 km away
