24, Hoop Mill
24, Hoop Mill
Description & Estimates
24, Hoop Mill, Telford is recorded publicly as a modern freehold house across 1,334 ft2 of internal area, sitting on a 387 m2 plot.
Locally, houses of this size normally have 4 bedrooms with a garden.
Our estimate of the sale value of 24, Hoop Mill, Telford is £343,869 and its rental estimate is £1,268 per month, given the available information and assuming reasonable condition.
Hoop Mill, Hadley, Telford, TF1 falls within the TF1 postal district.
Our Data Sources
24, Hoop Mill, Telford has a single entry in the Land Registry from February 2015 and a single entry in the EPC database dated October 2014.
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.
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 24, Hoop Mill, Telford, we estimate a market value of £361,062 and a rental value of £1,331 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £319,798 and £1,179 per month respectively.
Recent Market Change
Over the last year, 24, Hoop Mill, Telford has seen its estimated sale value drop by £1,472 (0.4%) and its estimated rental value rise by £28 per month (2.2%). This results in an estimated gross rental yield of 4.4%.
Plot Size
HM Land Registry records the plot of land for 24, Hoop Mill, Telford as measuring 387 m2.
That makes it the largest plot in the postcode, where all 44 other houses have recorded plot data.
Energy Efficiency
24, Hoop Mill, Telford has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 01 Oct 2014.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 24, Hoop Mill, Telford completed on 5th February 2015 at £239,995 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 51.6% over the period since February 2015.
- Sold Feb 2015£239,995
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 24, Hoop Mill, Telford have sold within a radius of 700 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 24th May 2024, was 74, Hoop Mill, Telford, TF1 5TB, 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.
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Location Comparison
Of the 61 addresses on Hoop Mill, Hadley, Telford, TF1, 24, Hoop Mill, Telford comes out as the 5th largest and the 5th most expensive in our analysis of the public data.
It is also £104k more expensive than the average property across the TF1 district.
More reading links
Schools Nearby
- 300mTeagues Bridge Primary School
- 900mSt Luke's Catholic Primary School, a Voluntary Academy.
- 1.0kmWrockwardine Wood Church of England Junior School
- 1.0kmNew Road Academy
- 1.2kmHadley Learning Community - Secondary Phase
- 3.7kmCharlton School
More reading links
Public Transport Nearby
From 24, Hoop Mill, Telford, the nearest station is Oakengates, 1.6 kilometres away.
- 1.6kmOakengates
- 3.1kmTelford Central
- 3.7kmWellington (Shropshire)
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
