Stay up to date
Stay up to date
Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
  | Â
VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
According to the public record, 7, Picasso Close, Telford is a freehold house.
By comparing it to neighbours, we estimate that it is a modern house with 1,165 ft2 of internal area and sits on a 379 m2 plot and a garden.
Houses of this size in this area normally have 4 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 7, Picasso Close, Telford is £301,312 and the estimated rental value is £1,135 per month.
Picasso Close, Telford, TF5 is located within the TF5 postal district.
7, Picasso Close, Telford has 41 entries in the Land Registry , most recently in January 2014 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 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 7, Picasso Close, Telford is in very good condition we estimate a sale value of £316,377 and a rental value of £1,191 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £280,220 and a rental value of £1,055 per month.
Over the last 12 months the sale value of 7 Picasso Close Telford has increased by an estimated £816 (0.3%) and its rental value has increased by an estimated £29 per month (2.5%), giving an expected gross yield of 4.5%.
According to data from HM Land Registry, 7, Picasso Close, Telford sits on a plot of 379m2.
We have plot size data on 7 out of 7 other houses in the postcode and 7, Picasso Close, Telford sits on the 5th largest plot.
According to HM Land Registry, 7, Picasso Close, Telford was last sold on 8th January 2014 for £187,000 and was recorded as a freehold house.
The property has had 4 sales since 1995.
Since January 2014, the market for similar properties has risen 44.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 7, Picasso Close, Telford within a radius of 750 metres over the last 2 years.
The most recent example is 6, Picasso Close, Telford, TF5 0PN, a freehold house which sold for £330,000 on the 12th May 2023.
Read more about house prices in TF5.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Picasso Close, Telford, TF5 has a total of 7 addresses. According to our analysis of all the public data, 7, Picasso Close, Telford is the 7th largest and the 7th most expensive property on the street.
When compared to the postcode district it is £60k more expensive than the average property in TF5.
The closest station to 7, Picasso Close, Telford is Wellington (Shropshire) station which is 2.2 kilometres away.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast 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.
Be the first Estate
Agent here!
The recent census recorded whether a resident owned or rented their home.
In the area around 7, Picasso Close, Telford, 58.1% of property is privately owned with a mortgage and 34.2% 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 7, Picasso Close, Telford, 20.9% of residents are recorded as possessing school level qualifications and 40.2% 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 7, Picasso Close, Telford, the average age was 44.1 and the most common age was 52.
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 7, Picasso Close, Telford, 1.8% 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 7, Picasso Close, Telford, there are an average of 1.9 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.
