32, Morgan Way
32, Morgan Way
Description & Estimates
32, Morgan Way, Telford appears in the public record as a freehold house sitting on a 212 m2 plot.
By comparing it to nearby properties, we estimate it to be a modern house with 909 ft2 of internal area and a garden.
Locally, houses of this size normally have 3 bedrooms.
Our estimate of the sale value of 32, Morgan Way, Telford is £232,016 and its rental estimate is £1,096 per month, given the available information and assuming reasonable condition.
Morgan Way, Ketley, Telford, TF1 falls within the TF1 postal district.
Our Data Sources
32, Morgan Way, Telford has 21 entries in the Land Registry , most recently in September 2007 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 4 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 32, Morgan Way, Telford, we estimate a market value of £243,616 and a rental value of £1,150 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £215,774 and £1,019 per month respectively.
Recent Market Change
Over the last year, 32, Morgan Way, Telford has seen its estimated sale value grow by £1,843 (0.8%) and its estimated rental value climb by £40 per month (3.7%). This results in an estimated gross rental yield of 5.7%.
Plot Size
HM Land Registry records the plot of land for 32, Morgan Way, Telford as measuring 212 m2.
That makes it the 21st largest plot in the postcode, where all 22 other houses have recorded plot data.
Sold Prices
The most recent sale of 32, Morgan Way, Telford completed on 12th September 2007 at £154,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold twice.
Values of comparable properties have risen by 61.4% over the period since September 2007.
- Sold Sep 2007£154,000
- Sold Sep 2006£125,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 32, Morgan Way, Telford have sold within a radius of 720 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 23rd August 2024, was 14, Morgan Way, Telford, TF1 5FB, a freehold house which sold for £250,000.
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 22 addresses on Morgan Way, Ketley, Telford, TF1, 32, Morgan Way, Telford comes out as the 18th largest and the 18th most expensive in our analysis of the public data.
It is also £8k less expensive than the average property across the TF1 district.
More reading links
Schools Nearby
- 400mMeadows Primary School and Nursery
- 800mHadley Learning Community - Primary Phase
- 1.2kmNewdale Primary School & Nursery
- 800mHadley Learning Community - Secondary Phase
- 2.5kmErcall Wood Academy
- 2.5kmNew Road Academy
More reading links
Public Transport Nearby
From 32, Morgan Way, Telford, the nearest station is Oakengates, 2.0 kilometres away.
- 2.0kmOakengates
- 2.6kmWellington (Shropshire)
- 3.0kmTelford Central
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.
