16, Park Road
16, Park Road
Description & Estimates
16, Park Road, Telford is described in the public record as a modern house with 2,206 ft2 of internal area, sitting on a 348 m2 plot.
Locally, houses of this size normally have 5 bedrooms with a garden.
Our estimate of the sale value of 16, Park Road, Telford is £391,495 and its rental estimate is £1,386 per month, given the available information and assuming reasonable condition.
Park Road, Malinslee, Telford, TF4 falls within the TF4 postal district.
Our Data Sources
16, Park Road, Telford has no records in the the Land Registry and a single entry in the EPC database dated May 2017.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low 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 16, Park Road, Telford, we estimate a market value of £411,069 and a rental value of £1,455 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £364,090 and £1,289 per month respectively.
Recent Market Change
Over the last year, 16, Park Road, Telford has seen its estimated sale value decline by £5,606 (1.4%) and its estimated rental value climb by £18 per month (1.3%). This results in an estimated gross rental yield of 4.2%.
Plot Size
HM Land Registry records the plot of land for 16, Park Road, Telford as measuring 348 m2.
That makes it the 2nd largest plot in the postcode, where 2 of the 6 other houses have recorded plot data.
Energy Efficiency
16, Park Road, Telford has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 09 May 2017.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 16, Park Road, Telford have sold within a radius of 800 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 7th September 2020, was 1, Nelsons Walk, Telford, TF4 2FN, a freehold house which sold for £312,500.
Read more about house prices in TF4.
- Sold Sep 2020£312,500 | 5 Bed House1, Nelsons Walk, Telford, TF4 2FN1, Nelsons Walk, Telford, TF4 2FN
- Sold May 2020£160,000 | 5 Bed House2, Nelsons Walk, Telford, TF4 2FN2, Nelsons Walk, Telford, TF4 2FN
- Sold Sep 2014£244,000 | 5 Bed House3, Milners Court, Telford, TF4 2JS3, Milners Court, Telford, TF4 2JS
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 8 addresses on Park Road, Malinslee, Telford, TF4, 16, Park Road, Telford comes out as the largest and the most expensive in our analysis of the public data.
It is also £171k more expensive than the average property across the TF4 district.
More reading links
Schools Nearby
- 400mOld Park Primary School
- 1.1kmLadygrove Primary School
- 1.2kmLantern Academy
- 1.5kmThe Telford Langley School
- 2.7kmThe Telford Park School
- 3.0kmHoly Trinity Academy
More reading links
Public Transport Nearby
From 16, Park Road, Telford, the nearest station is Telford Central, 1.4 kilometres away.
- 1.4kmTelford Central
- 2.1kmOakengates
- 4.8kmWellington (Shropshire)
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
