Old Smithy Cottage, Market Drayton
Old Smithy Cottage, Market Drayton
Description & Estimates
Public records show Old Smithy Cottage, Market Drayton to be a period freehold house with 1,732 ft2 of internal area, sitting on a 452 m2 plot.
In this area, houses of this size normally have 4 bedrooms with a garden.
Old Smithy Cottage, Market Drayton has an estimated sale value of £390,798 and an estimated rental value of £1,766 per month, assuming reasonable condition and based on the information available.
Adderley, Market Drayton, TF9 lies within the TF9 postal district.
Our Data Sources
Old Smithy Cottage, Market Drayton has 31 entries in the Land Registry , most recently in January 2017 and a single entry in the EPC database dated May 2016.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium accuracy.
Price Range & Condition
In very good condition, we estimate Old Smithy Cottage, Market Drayton would be worth £410,338, with a potential rental value of £1,855 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £363,442, with a rental value of £1,643 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of Old Smithy Cottage, Market Drayton has declined by £144 (0.0%) over the last year. During the same period, its estimated monthly rental value has climbed by £35 (2.0%). The property's estimated gross yield is currently 5.4%.
Plot Size
Old Smithy Cottage, Market Drayton occupies a 452 m2 plot as recorded by HM Land Registry.
Of the 15 other houses in this postcode, 14 have recorded plot sizes, and this one ranks as the 13th largest.
Energy Efficiency
Old Smithy Cottage, Market Drayton has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 26 May 2016.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, oil.
Sold Prices
Old Smithy Cottage, Market Drayton last changed hands on 27th January 2017, selling for £350,000. The transaction was logged as a freehold house by HM Land Registry.
In total it has sold 3 times since 1995.
The market for similar properties has risen by 38.4% since January 2017.
- Sold Jan 2017£350,000
- Sold Apr 2001£149,500
- Sold Mar 1998£105,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 4.8 kilometres of Old Smithy Cottage, Market Drayton across the last 2 years.
Most recently, 26, Corbet Drive, Market Drayton, TF9 3LW, a freehold house, sold at £325,000 on the 11th October 2022.
Read more about house prices in TF9.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Our analysis of the public data ranks Old Smithy Cottage, Market Drayton as the 35th largest and the 40th most expensive of the 67 addresses on Adderley, Market Drayton, TF9.
Against the TF9 postcode district average, it is £79k more expensive than the typical property.
More reading links
Schools Nearby
- 600mAdderley CofE Primary School
- 4.1kmNorton-in-Hales CofE Primary School
- 4.3kmAudlem St James' CofE Primary School
- 5.6kmThe Grove School
- 11.4kmBrine Leas School
- 11.5kmSir John Talbot's School
More reading links
Public Transport Nearby
Wrenbury station is the nearest stop to Old Smithy Cottage, Market Drayton at 9.6 kilometres away.
- 9.6kmWrenbury
- 11.3kmWhitchurch (Shropshire)
- 12.2kmNantwich
Available Internet Speeds
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
