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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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5, Macgowan Close, Telford is recorded publicly as a modern freehold house across 1,377 ft2 of internal area.
Locally, houses of this size normally have 4 bedrooms with a garden.
Our estimate of the sale value of 5, Macgowan Close, Telford is £380,659 and its rental estimate is £1,327 per month, given the available information and assuming reasonable condition.
Macgowan Close, Arleston, Telford, TF1 falls within the TF1 postal district.
5, Macgowan Close, Telford has a single entry in the Land Registry from July 2022 and a single entry in the EPC database dated July 2022.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium accuracy.
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 5, Macgowan Close, Telford, we estimate a market value of £399,692 and a rental value of £1,394 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £354,013 and £1,235 per month respectively.
Over the last year, 5, Macgowan Close, Telford has seen its estimated sale value decline by £1,629 (0.4%) and its estimated rental value climb by £29 per month (2.2%). This results in an estimated gross rental yield of 4.2%.
5, Macgowan Close, Telford has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 22 Jul 2022.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
The most recent sale of 5, Macgowan Close, Telford completed on 29th July 2022 at £369,995 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 19.7% over the period since July 2022.
Over the past 2 years 3 properties similar to 5, Macgowan Close, Telford have sold within a radius of 900 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 29th July 2022, was 56, Griffin Drive, Telford, TF1 2NS, a freehold house which sold for £359,995.
Read more about house prices in TF1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 11 addresses on Macgowan Close, Arleston, Telford, TF1, 5, Macgowan Close, Telford comes out as the 5th largest and the 5th most expensive in our analysis of the public data.
It is also £141k more expensive than the average property across the TF1 district.
From 5, Macgowan Close, Telford, the nearest station is Wellington (Shropshire), 1.9 kilometres away.
The flood risk here is rated very low, based on Environment Agency data.
The recent census recorded whether a resident owned or rented their home.
In the area around 5, Macgowan Close, Telford, 41.5% of property is privately owned outright and 32.7% is privately owned with a mortgage.
The graph below shows how this compares to West Midlands and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 5, Macgowan Close, Telford, 15.2% of residents are recorded as possessing school level qualifications and 26.9% as possessing degree level qualifications.
The graph below shows how this compares to West Midlands and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 5, Macgowan Close, Telford, the average age was 38 and the most common age was 32.
The graph below shows how this compares to West Midlands and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 5, Macgowan Close, Telford, 0.6% of property was a second home.
Comparison figures for West Midlands and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 5, Macgowan Close, Telford, there are an average of 1.4 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.
