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Mill Lane is a residential street with 17 addresses.
It ranks as the 148th largest and 82nd most expensive of the 232 streets in the TF12 area. The dominant property type is a mid-century house built between 1936 and 1979.
The street contains a total of 17 properties: 17 houses.
Mill Lane is a residential street with 17 addresses.
It ranks as the 148th largest and 82nd most expensive of the 232 streets in the TF12 area. The dominant property type is a mid-century house built between 1936 and 1979.
The street contains a total of 17 properties: 17 houses.
Sale prices range from £185,359 for 2 bedroom freehold houses with a garden (721 ft2) to £386,065 for 4 bedroom freehold houses with a garden (1,517 ft2) .
Monthly rental prices range from £943 pcm for 2 bed houses to £1,517 pcm for 4 bed houses.
The gross rental yield is between 4.0% and 6.1%.
The average value per square foot is £273.
The last sale on Mill Lane sold for £225,000 on 31st May 2024. Since then prices are up an average of 0.2%.
The current average value in the street is £267,040.
The Mill Lane Sales Market has increased by 44.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | 0.6% | £267,040 |
| May 2025 | -1.8% | £265,333 |
| May 2024 | 3.6% | £270,266 |
| May 2023 | 1.1% | £260,772 |
| May 2022 | 15.1% | £257,874 |
| May 2021 | 3% | £224,136 |
| May 2020 | 4.4% | £217,533 |
| May 2019 | 8.5% | £208,433 |
| May 2018 | 0.4% | £192,094 |
| May 2017 | 3.8% | £191,314 |
| May 2016 | 5.3% | £184,351 |
| May 2015 | 5.4% | £175,075 |
| May 2014 | -1% | £166,099 |
| May 2013 | -2.1% | £167,775 |
| May 2012 | -2.9% | £171,359 |
| May 2011 | 2.1% | £176,397 |
| May 2010 | -0.5% | £172,772 |
| May 2009 | -9.2% | £173,705 |
| May 2008 | 2.5% | £191,367 |
| May 2007 | 0% | £186,655 |
The current average rental value in the street is £1,144.
The Mill Lane Rental Market has increased by 58.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | 4.4% | £1,144pcm |
| May 2025 | 8% | £1,096pcm |
| May 2024 | 7.9% | £1,014pcm |
| May 2023 | 5.2% | £940pcm |
| May 2022 | 9.6% | £893pcm |
| May 2021 | 7.5% | £815pcm |
| May 2020 | 1.1% | £758pcm |
| May 2019 | 1.6% | £750pcm |
| May 2018 | 0.5% | £738pcm |
| May 2017 | 1.6% | £734pcm |
| May 2016 | 1.5% | £723pcm |
| May 2015 | 1.5% | £712pcm |
| May 2014 | 2.3% | £701pcm |
| May 2013 | -0.1% | £686pcm |
| May 2012 | -1.1% | £686pcm |
| May 2011 | 1.8% | £693pcm |
| May 2010 | 3.7% | £681pcm |
| May 2009 | -4.4% | £657pcm |
| May 2008 | 5.6% | £687pcm |
| May 2007 | 0% | £651pcm |
The last sale was on 31st May 2024 for £225,000 and since then the market in the area has increased by 0.2%. The street has had a total of 15 sales since 1995.
Mill Lane, Broseley, TF12 has seen 1 sale in the last three years and no sales in the last twelve months.
Mill Lane, Broseley, TF12 is the 148th largest and the 82nd most expensive street in the TF12 area.
There are 2 postcodes on Mill Lane, Broseley, TF12.
The closest station to Mill Lane, Broseley, TF12 is Telford Central station which is 8.1 kilometres away.
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The recent census recorded whether a resident owned or rented their home.
In the area around Mill Lane, Broseley, TF12, 54.7% of property is privately owned outright and 20.4% 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 Mill Lane, Broseley, TF12, 11.7% of residents are recorded as possessing school level qualifications and 39.2% 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 Mill Lane, Broseley, TF12, the average age was 46.3 and the most common age was 57.
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 Mill Lane, Broseley, TF12, 2.1% 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 Mill Lane, Broseley, TF12, there are an average of 1.5 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.