Parkfields, Telford
Parkfields, Telford
Description & Estimates
Public records show Parkfields, Telford to be a period freehold house with 2,563 ft2 of internal area, sitting on a 2,584 m2 plot.
In this area, houses of this size normally have 5 bedrooms with a garden.
Parkfields, Telford has an estimated sale value of £484,577 and an estimated rental value of £1,353 per month, assuming reasonable condition and based on the information available.
Park Avenue, Madeley, Telford, TF7 lies within the TF7 postal district.
Our Data Sources
Parkfields, Telford has a single entry in the Land Registry from October 2011 and a single entry in the EPC database dated April 2010.
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
In very good condition, we estimate Parkfields, Telford would be worth £508,806, with a potential rental value of £1,421 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £450,657, with a rental value of £1,259 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 Parkfields, Telford has dropped by £9,331 (1.9%) over the last year. During the same period, its estimated monthly rental value has risen by £19 (1.4%). The property's estimated gross yield is currently 3.4%.
Plot Size
Parkfields, Telford occupies a 2,584 m2 plot as recorded by HM Land Registry.
Of the 5 other houses in this postcode, 4 have recorded plot sizes, and this one ranks as the largest.
Energy Efficiency
Parkfields, Telford has an Energy Performance Rating (EPC) of F. This is based on the most recent assessment, dated 09 Apr 2010.
The property is connected to mains gas and has partial double glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
Parkfields, Telford last changed hands on 7th October 2011, selling for £305,000. The transaction was logged as a freehold house by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has risen by 150.6% since October 2011.
- Sold Oct 2011£305,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 2 sales of comparable properties within 710 metres of Parkfields, Telford across the last 2 years.
Most recently, 48, Lees Farm Drive, Telford, TF7 5SU, a freehold house, sold at £445,000 on the 9th December 2022.
Read more about house prices in TF7.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Our analysis of the public data ranks Parkfields, Telford as the largest and the 2nd most expensive of the 6 addresses on Park Avenue, Madeley, Telford, TF7.
Against the TF7 postcode district average, it is £277k more expensive than the typical property.
More reading links
Schools Nearby
- 400mSt Mary's Catholic Primary School
- 400mJohn Fletcher of Madeley Primary School
- 1.1kmJohn Randall Primary School
- 900mMadeley Academy
- 1.2kmHaberdashers' Abraham Darby
- 2.5kmThe Telford Park School
More reading links
Public Transport Nearby
Telford Central station is the nearest stop to Parkfields, Telford at 5.1 kilometres away.
- 5.1kmTelford Central
- 6.4kmOakengates
- 6.4kmShifnal
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.
