45, Mollett Drive
45, Mollett Drive
Description & Estimates
Public records show 45, Mollett Drive, Telford to be a modern freehold house with 1,367 ft2 of internal area.
In this area, houses of this size normally have 4 bedrooms with a garden.
45, Mollett Drive, Telford has an estimated sale value of £358,906 and an estimated rental value of £1,324 per month, assuming reasonable condition and based on the information available.
Mollett Drive, Ironbridge, Telford, TF8 lies within the TF8 postal district.
Our Data Sources
45, Mollett Drive, Telford has a single entry in the Land Registry from September 2021 and a single entry in the EPC database dated March 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.
Price Range & Condition
In very good condition, we estimate 45, Mollett Drive, Telford would be worth £376,851, with a potential rental value of £1,390 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £333,783, with a rental value of £1,231 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 45, Mollett Drive, Telford has moved down by £2,875 (0.8%) over the last year. During the same period, its estimated monthly rental value has increased by £36 (2.8%). The property's estimated gross yield is currently 4.4%.
Energy Efficiency
45, Mollett Drive, Telford has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 12 Mar 2021.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
45, Mollett Drive, Telford last changed hands on 6th September 2021, selling for £335,000. 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 10.0% since September 2021.
- Sold Sep 2021£335,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 810 metres of 45, Mollett Drive, Telford across the last 2 years.
Most recently, 57, Mollett Drive, Telford, TF8 7BH, a freehold house, sold at £339,950 on the 5th March 2021.
Read more about house prices in TF8.
•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 45, Mollett Drive, Telford as the 3rd largest and the 3rd most expensive of the 48 addresses on Mollett Drive, Ironbridge, Telford, TF8.
Against the TF8 postcode district average, it is £69k more expensive than the typical property.
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Schools Nearby
- 700mWoodlands Primary School
- 800mWilliam Reynolds Primary School and Nursery
- 1.0kmCoalbrookdale and Ironbridge CofE Primary School
- 700mHaberdashers' Abraham Darby
- 1.9kmMadeley Academy
- 3.5kmThe Telford Langley School
More reading links
Public Transport Nearby
Telford Central station is the nearest stop to 45, Mollett Drive, Telford at 6.0 kilometres away.
- 6.0kmTelford Central
- 7.0kmOakengates
- 8.0kmWellington (Shropshire)
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
