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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, 7, Redwood Close, Telford is a modern freehold house with 882 ft2 of internal area and sits on a 240 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 7, Redwood Close, Telford is £222,096 and the estimated rental value is £1,056 per month.
Redwood Close, Telford, TF5 is located within the TF5 postal district.
7, Redwood Close, Telford has 21 entries in the Land Registry , most recently in January 2016 and a single entry in the EPC database dated August 2015.
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.
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, Redwood Close, Telford is in very good condition we estimate a sale value of £233,201 and a rental value of £1,109 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £206,550 and a rental value of £982 per month.
Over the last 12 months the sale value of 7 Redwood Close Telford has increased by an estimated £1,764 (0.8%) and its rental value has increased by an estimated £39 per month (3.7%), giving an expected gross yield of 5.7%.
According to data from HM Land Registry, 7, Redwood Close, Telford sits on a plot of 240m2.
We have plot size data on 15 out of 15 other houses in the postcode and 7, Redwood Close, Telford sits on the 6th largest plot.
7, Redwood Close, Telford has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 17 Aug 2015.
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, 7, Redwood Close, Telford was last sold on 14th January 2016 for £153,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since January 2016, the market for similar properties has risen 39.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 7, Redwood Close, Telford within a radius of 950 metres over the last 2 years.
The most recent example is 67, Glovers Way, Telford, TF5 0NY, a freehold house which sold for £257,000 on the 17th March 2023.
Read more about house prices in TF5.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Redwood Close, Telford, TF5 has a total of 15 addresses. According to our analysis of all the public data, 7, Redwood Close, Telford is the 2nd largest and the most expensive property on the street.
When compared to the postcode district it is £18k less expensive than the average property in TF5.
The closest station to 7, Redwood Close, Telford is Wellington (Shropshire) station which is 2.6 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.
The recent census recorded whether a resident owned or rented their home.
In the area around 7, Redwood Close, Telford, 44.5% of property is privately owned with a mortgage and 27.2% is privately rented.
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, Redwood Close, Telford, 23.4% of residents are recorded as possessing school level qualifications and 35.9% 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 7, Redwood Close, Telford, the average age was 45.4 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 7, Redwood Close, Telford, 0.4% 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, Redwood Close, Telford, there are an average of 1.7 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.
