48, Lambeth Drive
48, Lambeth Drive
Description & Estimates
The public record lists 48, Lambeth Drive, Telford as a freehold house sitting on a 190 m2 plot.
Comparison with its neighbours suggests a mid-century house with 730 ft2 of internal area and a garden.
In this area, houses of this size normally have 3 bedrooms.
48, Lambeth Drive, Telford has an estimated sale value of £214,989 and an estimated rental value of £984 per month, assuming reasonable condition and based on the information available.
Lambeth Drive, Stirchley, Telford, TF3 lies within the TF3 postal district.
Our Data Sources
48, Lambeth Drive, Telford has a single entry in the Land Registry from August 2008 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 5 out of 5 and is considered of high accuracy.
Price Range & Condition
In very good condition, we estimate 48, Lambeth Drive, Telford would be worth £225,738, with a potential rental value of £1,033 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £199,939, with a rental value of £915 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 48, Lambeth Drive, Telford has climbed by £3,843 (1.8%) over the last year. During the same period, its estimated monthly rental value has risen by £42 (4.3%). The property's estimated gross yield is currently 5.5%.
Plot Size
48, Lambeth Drive, Telford occupies a 190 m2 plot as recorded by HM Land Registry.
Of the 51 other houses in this postcode, 46 have recorded plot sizes, and this one ranks as the 45th largest.
Sold Prices
48, Lambeth Drive, Telford last changed hands on 1st August 2008, selling for £108,000. 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 93.9% since August 2008.
- Sold Aug 2008£108,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 570 metres of 48, Lambeth Drive, Telford across the last 2 years.
Most recently, 32, Lambeth Drive, Telford, TF3 1QW, a freehold house, sold at £190,000 on the 12th September 2023.
Read more about house prices in TF3.
•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 48, Lambeth Drive, Telford as the 8th largest and the 9th most expensive of the 51 addresses on Lambeth Drive, Stirchley, Telford, TF3.
Against the TF3 postcode district average, it is £21k more expensive than the typical property.
More reading links
Schools Nearby
- 500mWindmill Primary School
- 600mAqueduct Primary Academy
- 1.0kmHolmer Lake Primary School
- 1.1kmMadeley Academy
- 1.1kmThe Telford Park School
- 1.6kmThe Telford Langley School
More reading links
Public Transport Nearby
Telford Central station is the nearest stop to 48, Lambeth Drive, Telford at 3.3 kilometres away.
- 3.3kmTelford Central
- 4.6kmOakengates
- 5.5kmShifnal
Available Internet Speeds
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
