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Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of 23, Chatford, Telford is £92,059 and its rental estimate is £498 per month, given the available information and assuming reasonable condition.
Chatford, Stirchley, Telford, TF3 falls within the TF3 postal district.
23, Chatford, Telford has 21 entries in the Land Registry , most recently in August 2023 and a single entry in the EPC database dated July 2019.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium accuracy.
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 23, Chatford, Telford, we estimate a market value of £96,662 and a rental value of £523 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £85,615 and £463 per month respectively.
Over the last year, 23, Chatford, Telford has seen its estimated sale value drop by £182 (0.2%) and its estimated rental value rise by £11 per month (2.2%). This results in an estimated gross rental yield of 6.5%.
23, Chatford, Telford has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 02 Jul 2019.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
The most recent sale of 23, Chatford, Telford completed on 23rd August 2023 at £92,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold twice.
Values of comparable properties have dropped by 8.9% over the period since August 2023.
Over the past 2 years 3 properties similar to 23, Chatford, Telford have sold within a radius of 590 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 6th September 2024, was 48, Boulton Grange, Telford, TF3 2LB, a leasehold flat which sold for £85,000.
Read more about house prices in TF3.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 40 addresses on Chatford, Stirchley, Telford, TF3, 23, Chatford, Telford comes out as the 39th largest and the 39th most expensive in our analysis of the public data.
It is also £102k less expensive than the average property across the TF3 district.
From 23, Chatford, Telford, the nearest station is Telford Central, 2.5 kilometres away.
Broadband here reaches ultrafast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
The flood risk here is rated very low, based on Environment Agency data.
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The recent census recorded whether a resident owned or rented their home.
In the area around 23, Chatford, Telford, 30.3% of property is privately owned outright and 27.1% 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 23, Chatford, Telford, 24.1% of residents are recorded as possessing school level qualifications and 22.7% 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 23, Chatford, Telford, the average age was 38.4 and the most common age was 37.
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 23, Chatford, Telford, 1.2% 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 23, Chatford, Telford, there are an average of 1.1 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.