1, Macgowan Close
1, Macgowan Close
Description & Estimates
1, Macgowan Close, Telford appears in the public record as a freehold house sitting on a 375 m2 plot.
By comparing it to nearby properties, we estimate it to be a modern house with 1,147 ft2 of internal area and a garden.
Locally, houses of this size normally have 4 bedrooms.
Our estimate of the sale value of 1, Macgowan Close, Telford is £345,486 and its rental estimate is £1,282 per month, given the available information and assuming reasonable condition.
Macgowan Close, Arleston, Telford, TF1 falls within the TF1 postal district.
Our Data Sources
1, Macgowan Close, Telford has a single entry in the Land Registry from June 2022 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 3 out of 5 and is considered of medium accuracy.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 1, Macgowan Close, Telford, we estimate a market value of £362,760 and a rental value of £1,346 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £321,302 and £1,193 per month respectively.
Recent Market Change
Over the last year, 1, Macgowan Close, Telford has seen its estimated sale value drop by £1,479 (0.4%) and its estimated rental value rise by £28 per month (2.2%). This results in an estimated gross rental yield of 4.5%.
Plot Size
HM Land Registry records the plot of land for 1, Macgowan Close, Telford as measuring 375 m2.
That makes it the largest plot in the postcode, where 1 of the 11 other houses have recorded plot data.
Sold Prices
The most recent sale of 1, Macgowan Close, Telford completed on 30th June 2022 at £324,995 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have risen by 20.9% over the period since June 2022.
- Sold Jun 2022£324,995
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 1, Macgowan Close, Telford have sold within a radius of 900 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 12th September 2022, was 21, Lidgates Green, Telford, TF1 2NL, a freehold house which sold for £320,000.
Read more about house prices in TF1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 11 addresses on Macgowan Close, Arleston, Telford, TF1, 1, Macgowan Close, Telford comes out as the 11th largest and the 11th most expensive in our analysis of the public data.
It is also £105k more expensive than the average property across the TF1 district.
More reading links
Schools Nearby
- 1.0kmShort Wood Primary School
- 1.2kmMeadows Primary School and Nursery
- 1.5kmLawley Primary School and Nursery
- 1.4kmErcall Wood Academy
- 1.5kmHadley Learning Community - Secondary Phase
- 2.5kmCharlton School
More reading links
Public Transport Nearby
From 1, Macgowan Close, Telford, the nearest station is Wellington (Shropshire), 1.9 kilometres away.
- 1.9kmWellington (Shropshire)
- 3.0kmOakengates
- 3.8kmTelford Central
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
