40, Redlands Road
40, Redlands Road
Description & Estimates
Public records show 40, Redlands Road, Telford to be a modern Leasehold apartment with 559 ft2 of internal area.
In this area, apartments of this size normally have 2 bedrooms.
40, Redlands Road, Telford has an estimated sale value of £124,908 and an estimated rental value of £713 per month, assuming reasonable condition and based on the information available.
Redlands Road, Hadley, Telford, TF1 lies within the TF1 postal district.
Our Data Sources
40, Redlands Road, Telford has a single entry in the Land Registry from July 2007 and a single entry in the EPC database dated January 2022.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high accuracy.
Price Range & Condition
In very good condition, we estimate 40, Redlands Road, Telford would be worth £131,154, with a potential rental value of £748 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £116,165, with a rental value of £663 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 40, Redlands Road, Telford has moved up by £25 (0.0%) over the last year. During the same period, its estimated monthly rental value has increased by £21 (2.9%). The property's estimated gross yield is currently 6.8%.
Energy Efficiency
40, Redlands Road, Telford has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 20 Jan 2022.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
Sold Prices
40, Redlands Road, Telford last changed hands on 13th July 2007, selling for £116,000. The transaction was logged as a leasehold flat by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has risen by 16.0% since July 2007.
- Sold Jul 2007£116,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 710 metres of 40, Redlands Road, Telford across the last 2 years.
Most recently, 14, Sorbus Avenue, Telford, TF1 5TL, a leasehold flat, sold at £128,000 on the 19th December 2024.
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
Our analysis of the public data ranks 40, Redlands Road, Telford as the 93rd largest and the 82nd most expensive of the 104 addresses on Redlands Road, Hadley, Telford, TF1.
Against the TF1 postcode district average, it is £115k less expensive than the typical property.
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Schools Nearby
- 700mHadley Learning Community - Primary Phase
- 900mTeagues Bridge Primary School
- 1.5kmSt Luke's Catholic Primary School, a Voluntary Academy.
- 700mHadley Learning Community - Secondary Phase
- 1.8kmNew Road Academy
- 2.9kmCharlton School
More reading links
Public Transport Nearby
Oakengates station is the nearest stop to 40, Redlands Road, Telford at 2.2 kilometres away.
- 2.2kmOakengates
- 2.9kmWellington (Shropshire)
- 3.6kmTelford Central
Available Internet Speeds
Ofcom's latest figures show ultrafast broadband available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
