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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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Public records show 16, The Ridings, Telford to be a modern freehold house with 904 ft2 of internal area.
In this area, houses of this size normally have 3 bedrooms with a garden.
16, The Ridings, Telford has an estimated sale value of £197,264 and an estimated rental value of £904 per month, assuming reasonable condition and based on the information available.
The Ridings, Telford, TF7 lies within the TF7 postal district.
16, The Ridings, Telford has a single entry in the Land Registry from July 2022 and a single entry in the EPC database dated August 2021.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 out of 5 and is considered of high accuracy.
In very good condition, we estimate 16, The Ridings, Telford would be worth £207,127, with a potential rental value of £949 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £183,456, with a rental value of £840 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
The estimated sale value of 16, The Ridings, Telford has grown by £1,727 (0.9%) over the last year. During the same period, its estimated monthly rental value has climbed by £22 (2.5%). The property's estimated gross yield is currently 5.5%.
16, The Ridings, Telford has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 04 Aug 2021.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
16, The Ridings, Telford last changed hands on 15th July 2022, selling for £175,000. The transaction was logged as a freehold house by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has risen by 58.6% since July 2022.
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 580 metres of 16, The Ridings, Telford across the last 2 years.
Most recently, 18, The Ridings, Telford, TF7 5RA, a freehold house, sold at £180,000 on the 22nd March 2023.
Read more about house prices in TF7.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our analysis of the public data ranks 16, The Ridings, Telford as the 5th largest and the 2nd most expensive of the 18 addresses on The Ridings, Telford, TF7.
Against the TF7 postcode district average, it is £11k less expensive than the typical property.
Telford Central station is the nearest stop to 16, The Ridings, Telford at 4.9 kilometres away.
Environment Agency data suggests this area has a very low risk of flooding.
The recent census recorded whether a resident owned or rented their home.
In the area around 16, The Ridings, Telford, 52.5% of property is privately rented and 18.2% is privately owned outright.
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 16, The Ridings, Telford, 31.8% of residents are recorded as possessing school level qualifications and 12.1% 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 16, The Ridings, Telford, the average age was 33.4 and the most common age was 7.
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 16, The Ridings, Telford, 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 16, The Ridings, Telford, 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.
