Park Lane - TF3 4TE
Key Postcode Insights
TF3 4TE is a residential postcode situated on Park Lane, Old Park, Telford, TF3 with 9 addresses.
It ranks as the 144th largest and 559th most expensive of the 576 postcodes in the TF3 area. The most common property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 9 properties: 9 houses.
- Ave. Sale Price
- £320,006
- 10 Year change
- up 46.8%
- Ave. Rental Price
- £1,237pcm
- 10 Year change
- up 52.2%
- Ave. £ per ft²
- £212/ft²
- Ave. Gross Yield
- 4.6%/year/yr
Key Postcode Insights
TF3 4TE is a residential postcode situated on Park Lane, Old Park, Telford, TF3 with 9 addresses.
It ranks as the 144th largest and 559th most expensive of the 576 postcodes in the TF3 area. The most common property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 9 properties: 9 houses.
- Ave. Sale Price
- £320,006
- 10 Year change
- up 46.8%
- Ave. Rental Price
- £1,237pcm
- 10 Year change
- up 52.2%
- Ave. £ per ft²
- £212/ft²
- Ave. Gross Yield
- 4.6%/year/yr
Explore Propertiesin TF3 4TE
- Chapel Workshops
Unknown
- Haughton
4 Bed Mid-century House
- 33 Park Lane
4 Bed Early-century House
- 34 Park Lane
5 Bed Modern House
- 35 Park Lane
Unknown
Sales Market Trends
The last sale in TF3 4TE sold for £265,000 on 3rd August 2021. Since then prices are up an average of 15.2%.
The current average value in the postcode is £320,006.
The TF3 4TE Sales Market has increased by 46.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -2% | £320,006 |
| June 2025 | 4.3% | £326,672 |
| June 2024 | -0.3% | £313,169 |
| June 2023 | 3.9% | £314,035 |
| June 2022 | 11.7% | £302,218 |
| June 2021 | 9.3% | £270,555 |
| June 2020 | 3% | £247,621 |
| June 2019 | 4.4% | £240,317 |
| June 2018 | 3.1% | £230,298 |
| June 2017 | 2.5% | £223,378 |
| June 2016 | 6.6% | £217,997 |
| June 2015 | 0.2% | £204,428 |
| June 2014 | 4.8% | £204,045 |
| June 2013 | 0.9% | £194,639 |
| June 2012 | -2.2% | £192,809 |
| June 2011 | -2.1% | £197,050 |
| June 2010 | 8.4% | £201,185 |
| June 2009 | -10.7% | £185,573 |
| June 2008 | -3.4% | £207,753 |
| June 2007 | 0% | £215,020 |
Rental Market Trends
The current average rental value in the postcode is £1,237.
The TF3 4TE Rental Market has increased by 52.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.1% | £1,237pcm |
| June 2025 | 8.2% | £1,212pcm |
| June 2024 | 6.6% | £1,120pcm |
| June 2023 | 5.8% | £1,051pcm |
| June 2022 | 7.8% | £993pcm |
| June 2021 | 8.6% | £921pcm |
| June 2020 | 0.3% | £848pcm |
| June 2019 | 2.2% | £846pcm |
| June 2018 | 0.1% | £827pcm |
| June 2017 | 1.6% | £826pcm |
| June 2016 | 1.9% | £813pcm |
| June 2015 | 2.6% | £798pcm |
| June 2014 | 1.4% | £777pcm |
| June 2013 | 0.5% | £767pcm |
| June 2012 | -0.3% | £763pcm |
| June 2011 | 1.2% | £765pcm |
| June 2010 | 5.4% | £756pcm |
| June 2009 | -1.9% | £718pcm |
| June 2008 | 2.5% | £732pcm |
| June 2007 | 0% | £714pcm |
Sales History
The last sale was on 3rd August 2021 for £265,000 and since then the market in the area has increased by 15.2%. The postcode has had a total of 9 sales since 1995.
TF3 4TE has seen no sales in the last three years and no sales in the last twelve months.
- Sold Aug 2021£265,000 | 4 Bed HouseHaughton, Park Lane, Telford, TF3 4TEHaughton, Park Lane, Telford, TF3 4TE
- Sold Mar 2021£250,000 | 4 Bed House33, Park Lane, Telford, TF3 4TE33, Park Lane, Telford, TF3 4TE
- Sold Aug 2008£243,000 | 4 Bed HouseHaughton, Park Lane, Telford, TF3 4TEHaughton, Park Lane, Telford, TF3 4TE
- Sold Dec 2006£210,000 | 5 Bed House46, Park Lane, Telford, TF3 4TE46, Park Lane, Telford, TF3 4TE
- Sold Aug 2005£195,000 | 5 Bed House46, Park Lane, Telford, TF3 4TE46, Park Lane, Telford, TF3 4TE
Nearby Postcodes
TF3 4TE is the 144th largest and the 559th most expensive postcode out of the 576 postcodes in the TF3 area.
- TF3 4TJ, The Crest, Old Park, Telford, TF3TF3 4TJ13 Addresses|81 m away
- TF3 4TF, The Coppice, Old Park, Telford, TF3TF3 4TF2 Addresses|93 m away
- TF3 4TG, Park Lane, Old Park, Telford, TF3TF3 4TG9 Addresses|96 m away
- TF3 4TH, Cinderloo Way, Old Park, Telford, TF3TF3 4TH58 Addresses|135 m away
- TF3 4TD, Park Lane, Old Park, Telford, TF3TF3 4TD12 Addresses|140 m away
Property Types
- 1 modern house built after 1980
- 2 mid-century houses built between 1936 and 1979
- 2 early-century houses built between 1912 and 1935
- 4 other addresses of unknown type
- modern house (1)
- mid-century house (2)
- early-century house (2)
- Unknown (4)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 5 properties.
- The most common rating is D.
- A (0)
- E (2)
- B (0)
- F (0)
- C (1)
- G (0)
- D (2)
- No EPC (4)
Top 3 Most Expensive Sales
- Sold Dec 2021£440,000 | 4 Bed House18, Park Lane, Telford, TF3 4TD18, Park Lane, Telford, TF3 4TD
- Sold May 2005£425,000 | 5 Bed House34, Park Lane, Telford, TF3 4TE34, Park Lane, Telford, TF3 4TE
- Sold Mar 2013£390,000 | 4 Bed HouseThe New Barn, Park Lane, Telford, TF3 4TGThe New Barn, Park Lane, Telford, TF3 4TG
Schools Nearby
- Lantern Academy600 m away
- Newdale Primary School & Nursery1.1 km away
- Old Park Primary School1.1 km away
- The Telford Langley School2.2 km away
- Hadley Learning Community - Secondary Phase2.5 km away
- Holy Trinity Academy2.8 km away
More reading links
Public Transport Nearby
The closest station to TF3 4TE is Telford Central station, which is 1.2 kilometres away.
- Telford Central|1.2 km away
- Oakengates|1.3 km away
- Wellington (Shropshire)|4.4 km away
- Shifnal|6.2 km away