59, Mollett Drive
59, Mollett Drive
Description & Estimates
According to the public record, 59, Mollett Drive, Telford is a modern freehold house with 1,270 ft2 of internal area and sits on a 691 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 59, Mollett Drive, Telford is £392,036 and the estimated rental value is £1,300 per month.
Mollett Drive, Ironbridge, Telford, TF8 is located within the TF8 postal district.
Our Data Sources
59, Mollett Drive, Telford has a single entry in the Land Registry from March 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 1 out of 5 and is considered of low accuracy.
Price Range & Condition
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 59, Mollett Drive, Telford is in very good condition we estimate a sale value of £411,637 and a rental value of £1,365 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £364,593 and a rental value of £1,209 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 59, Mollett Drive, Telford has decreased by £3,140 (0.8%), while its estimated rental value has grown by £36 per month (2.8%). Based on current estimates, the property offers a gross rental yield of 4.0%.
Plot Size
According to data from HM Land Registry, 59, Mollett Drive, Telford sits on a plot of 691 m2.
We have plot size data on 44 out of 48 other houses in the postcode and 59, Mollett Drive, Telford sits on the largest plot.
Energy Efficiency
59, Mollett Drive, Telford has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 05 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
According to HM Land Registry, 59, Mollett Drive, Telford was last sold on 19th March 2021 for £329,950 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since March 2021, the market for similar properties has risen by 19.8%.
- Sold Mar 2021£329,950
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 59, Mollett Drive, Telford within a radius of 830 metres over the last 2 years.
The most recent example is 32, Mollett Drive, Telford, TF8 7BH, a freehold house which sold for £410,000 on the 26th September 2022.
Read more about house prices in TF8.
- Sold Sep 2022£410,000 | 4 Bed House32, Mollett Drive, Telford, TF8 7BH32, Mollett Drive, Telford, TF8 7BH
- Sold Sep 2021£335,000 | 4 Bed House45, Mollett Drive, Telford, TF8 7BH45, Mollett Drive, Telford, TF8 7BH
- Sold Mar 2021£339,950 | 4 Bed House57, Mollett Drive, Telford, TF8 7BH57, Mollett Drive, Telford, TF8 7BH
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Mollett Drive, Ironbridge, Telford, TF8 has a total of 48 addresses. According to our analysis of all the public data, 59, Mollett Drive, Telford is the 9th largest and the most expensive property on the street.
When compared to the postcode district it is £102k more expensive than the average property in TF8.
More reading links
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
The closest station to 59, Mollett Drive, Telford is Telford Central station, which is 6.0 kilometres away.
- 6.0kmTelford Central
- 7.0kmOakengates
- 8.0kmWellington (Shropshire)
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
