31A, Orleton Lane
31A, Orleton Lane
Description & Estimates
31A, Orleton Lane, Telford is recorded publicly as a modern leasehold apartment across 312 ft2 of internal area.
Locally, apartments of this size normally have 1 bedroom.
Our estimate of the sale value of 31A, Orleton Lane, Telford is £74,761 and its rental estimate is £544 per month, given the available information and assuming reasonable condition.
31, Orleton Lane is a residential building on Orleton Lane, Wellington, Telford, TF1 and falls within the TF1 postal district.
Our Data Sources
31A, Orleton Lane, Telford has 21 entries in the Land Registry , most recently in December 2008 and a single entry in the EPC database dated July 2024.
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
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 31A, Orleton Lane, Telford, we estimate a market value of £78,499 and a rental value of £571 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £69,528 and £506 per month respectively.
Recent Market Change
Over the last year, 31A, Orleton Lane, Telford has seen its estimated sale value grow by £440 (0.6%) and its estimated rental value climb by £18 per month (3.3%). This results in an estimated gross rental yield of 8.7%.
Energy Efficiency
31A, Orleton Lane, Telford has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 08 Jul 2024.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 31A, Orleton Lane, Telford completed on 9th December 2008 at £50,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold twice.
Values of comparable properties have risen by 40.4% over the period since December 2008.
- Sold Dec 2008£50,000
- Sold May 2003£42,000
Similar Properties Sold Nearby
Over the past 2 years 1 property similar to 31A, Orleton Lane, Telford has sold within a radius of 590 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 15th December 2023, was 31, Orleton Lane, Telford, TF1 2AF, a leasehold flat which sold for £72,000.
Read more about house prices in TF1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 57 addresses on Orleton Lane, Wellington, Telford, TF1, 31A, Orleton Lane, Telford comes out as the 57th largest and the 57th most expensive in our analysis of the public data.
It is also £165k less expensive than the average property across the TF1 district.
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Schools Nearby
- 500mSt Patrick's Catholic Primary School
- 600mWrekin View Primary School
- 1.1kmDothill Primary School
- 1.1kmCharlton School
- 1.4kmErcall Wood Academy
- 3.3kmHadley Learning Community - Secondary Phase
More reading links
Public Transport Nearby
From 31A, Orleton Lane, Telford, the nearest station is Wellington (Shropshire), 800 metres away.
- 800mWellington (Shropshire)
- 5.4kmOakengates
- 6.4kmTelford Central
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
