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Lake View Close is a residential street with 12 addresses.
It ranks as the 219th largest and 141st most expensive of the 736 streets in the TF1 area. The dominant property type is a modern house built after 1980.
The street contains a total of 12 properties: 12 houses.
Lake View Close is a residential street with 12 addresses.
It ranks as the 219th largest and 141st most expensive of the 736 streets in the TF1 area. The dominant property type is a modern house built after 1980.
The street contains a total of 12 properties: 12 houses.
Sale prices range from £145,936 for 2 bedroom freehold houses with a garden (430 ft2) to £251,503 for 4 bedroom freehold houses with a garden (1,140 ft2) .
Monthly rental prices range from £732 pcm for 2 bed houses to £1,156 pcm for 4 bed houses.
The gross rental yield is between 5.5% and 6.0%.
The average value per square foot is £317.
The last sale on Lake View Close sold for £220,000 on 21st April 2023. Since then prices are up an average of 5.3%.
The current average value in the street is £179,479.
The Lake View Close Sales Market has increased by 54.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | 1% | £179,479 |
| May 2025 | 1.2% | £177,666 |
| May 2024 | 2.3% | £175,590 |
| May 2023 | 4% | £171,610 |
| May 2022 | 13.8% | £164,947 |
| May 2021 | 8.4% | £144,939 |
| May 2020 | 2.4% | £133,655 |
| May 2019 | 4.9% | £130,554 |
| May 2018 | 2.5% | £124,499 |
| May 2017 | 4.5% | £121,492 |
| May 2016 | 2.5% | £116,214 |
| May 2015 | 2.8% | £113,375 |
| May 2014 | 3.6% | £110,261 |
| May 2013 | 1.5% | £106,455 |
| May 2012 | -1.6% | £104,896 |
| May 2011 | -3.7% | £106,636 |
| May 2010 | 9.1% | £110,723 |
| May 2009 | -13.4% | £101,498 |
| May 2008 | -3% | £117,137 |
| May 2007 | 0% | £120,716 |
The current average rental value in the street is £876.
The Lake View Close Rental Market has increased by 68.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | 3.8% | £876pcm |
| May 2025 | 6.4% | £844pcm |
| May 2024 | 9.8% | £793pcm |
| May 2023 | 8.8% | £723pcm |
| May 2022 | 10.5% | £664pcm |
| May 2021 | 7.3% | £601pcm |
| May 2020 | 2.4% | £560pcm |
| May 2019 | 0.7% | £547pcm |
| May 2018 | 1.5% | £543pcm |
| May 2017 | 3.1% | £535pcm |
| May 2016 | 1.3% | £519pcm |
| May 2015 | 4.3% | £513pcm |
| May 2014 | 2.2% | £492pcm |
| May 2013 | 0.2% | £481pcm |
| May 2012 | -0.7% | £480pcm |
| May 2011 | 0.3% | £483pcm |
| May 2010 | 3.6% | £482pcm |
| May 2009 | -3.5% | £465pcm |
| May 2008 | 1% | £482pcm |
| May 2007 | 0% | £477pcm |
The last sale was on 21st April 2023 for £220,000 and since then the market in the area has increased by 5.3%. The street has had a total of 2 sales since 1995.
Lake View Close, Telford, TF1 has seen 1 sale in the last three years and no sales in the last twelve months.
Lake View Close, Telford, TF1 is the 219th largest and the 141st most expensive street in the TF1 area.
There is 1 postcode on Lake View Close, Telford, TF1.
The closest station to Lake View Close, Telford, TF1 is Wellington (Shropshire) station which is 1.1 kilometres away.
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The recent census recorded whether a resident owned or rented their home.
In the area around Lake View Close, Telford, TF1, 49.8% of property is socially rented and 17.2% is privately owned with a mortgage.
The graph below shows how this compares to West Midlands and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around Lake View Close, Telford, TF1, 19.4% of residents are recorded as possessing school level qualifications and 15.0% as possessing degree level qualifications.
The graph below shows how this compares to West Midlands and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around Lake View Close, Telford, TF1, the average age was 44.1 and the most common age was 52.
The graph below shows how this compares to West Midlands and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around Lake View Close, Telford, TF1, 0.0% of property was a second home.
Comparison figures for West Midlands and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around Lake View Close, Telford, TF1, there are an average of 0.9 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.