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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, 53, Wellsfield, Telford is a Leasehold apartment.
By comparing it to neighbours, we estimate that it is a mid-century apartment with 617 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 53, Wellsfield, Telford is £46,373 and the estimated rental value is £296 per month.
Wellsfield, Telford, TF7 is located within the TF7 postal district.
53, Wellsfield, Telford has a single entry in the Land Registry from January 2012 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 1 out of 5 and is considered of low 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 53, Wellsfield, Telford is in very good condition we estimate a sale value of £48,692 and a rental value of £311 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £43,127 and a rental value of £275 per month.
Over the last 12 months the sale value of 53 Wellsfield Telford has decreased by an estimated £339 (0.7%) and its rental value has increased by an estimated £5 per month (1.8%), giving an expected gross yield of 7.7%.
According to HM Land Registry, 53, Wellsfield, Telford was last sold on 20th January 2012 for £85,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since January 2012, the market for similar properties has risen 149.2%
According to the Land Registry and our network of Estate Agents, there have been 3 property sales within a 560 metres radius of 53, Wellsfield, Telford over the last 2 years.
The most recent example is 52, Wellsfield, Telford, TF7 5LZ, a freehold house which sold for £74,995 on the 29th January 2016.
Read more about house prices in TF7.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Wellsfield, Telford, TF7 has a total of 53 addresses. According to our analysis of all the public data, 53, Wellsfield, Telford is the 53rd largest and the 51st most expensive property on the street.
When compared to the postcode district it is £162k less expensive than the average property in TF7.
The closest station to 53, Wellsfield, Telford is Telford Central station which is 4.9 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 53, Wellsfield, Telford, 36.2% of property is privately rented and 23.8% 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 53, Wellsfield, Telford, 28.3% of residents are recorded as possessing school level qualifications and 14.7% 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 53, Wellsfield, Telford, the average age was 33.4 and the most common age was 7.
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 53, Wellsfield, Telford, 0.0% 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 53, Wellsfield, Telford, there are an average of 0.9 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.
