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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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According to the public record, 5, Reed Close, Telford is a modern freehold house with 602 ft2 of internal area and sits on a 141 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 5, Reed Close, Telford is £179,920 and the estimated rental value is £965 per month.
Reed Close, St. Georges, Telford, TF2 is located within the TF2 postal district.
5, Reed Close, Telford has a single entry in the Land Registry from April 2016 and a single entry in the EPC database dated January 2016.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium accuracy.
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 5, Reed Close, Telford is in very good condition we estimate a sale value of £188,916 and a rental value of £1,013 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £167,325 and a rental value of £897 per month.
Over the last 12 months the sale value of 5 Reed Close Telford has increased by an estimated £1,025 (0.6%) and its rental value has increased by an estimated £36 per month (3.7%), giving an expected gross yield of 6.4%.
According to data from HM Land Registry, 5, Reed Close, Telford sits on a plot of 141m2.
We have plot size data on 15 out of 15 other houses in the postcode and 5, Reed Close, Telford sits on the 14th largest plot.
5, Reed Close, Telford has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 11 Jan 2016.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 5, Reed Close, Telford was last sold on 14th April 2016 for £121,500 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since April 2016, the market for similar properties has risen 79.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 5, Reed Close, Telford within a radius of 680 metres over the last 2 years.
The most recent example is 5, Bullrush Glade, Telford, TF2 9TR, a freehold house which sold for £168,000 on the 25th March 2025.
Read more about house prices in TF2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Reed Close, St. Georges, Telford, TF2 has a total of 15 addresses. According to our analysis of all the public data, 5, Reed Close, Telford is the 14th largest and the 13th most expensive property on the street.
When compared to the postcode district it is £73k less expensive than the average property in TF2.
The closest station to 5, Reed Close, Telford is Oakengates station which is 1.0 kilometres away.
According to recent data from Ofcom, ultrafast broadband is available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 5, Reed Close, Telford, 42.4% of property is privately owned with a mortgage and 37.6% is privately owned outright.
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, Reed Close, Telford, 16.2% of residents are recorded as possessing school level qualifications and 26.4% 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, Reed Close, Telford, the average age was 42.7 and the most common age was 57.
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, Reed Close, Telford, 0.3% 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, Reed Close, Telford, there are an average of 1.5 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.
