The Mill, Telford
The Mill, Telford
Description & Estimates
The Mill, Telford appears in the public record as a freehold house.
By comparing it to nearby properties, we estimate it to be a modern house with 2,382 ft2 of internal area and a garden.
Locally, houses of this size normally have 5 bedrooms.
Our estimate of the sale value of The Mill, Telford is £276,090 and its rental estimate is £1,319 per month, given the available information and assuming reasonable condition.
Leegomery, Telford, TF1 falls within the TF1 postal district.
Our Data Sources
The Mill, Telford has 2 entries in the Land Registry , most recently in May 2023 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 3 out of 5 and is considered of medium 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 The Mill, Telford, we estimate a market value of £289,895 and a rental value of £1,385 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £256,764 and £1,227 per month respectively.
Recent Market Change
Over the last year, The Mill, Telford has seen its estimated sale value decrease by £2,586 (0.9%) and its estimated rental value grow by £22 per month (1.7%). This results in an estimated gross rental yield of 5.7%.
Sold Prices
The most recent sale of The Mill, Telford completed on 30th May 2023 at £520,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold twice.
Values of comparable properties have risen by 34.7% over the period since May 2023.
- Sold May 2023£520,000
- Sold Jun 2021£400,000
Similar Properties Sold Nearby
Over the past 2 years 1 property similar to The Mill, Telford has sold within a radius of 640 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 18th March 2024, was 15, Barnes Wallis Drive, Telford, TF1 6XT, a freehold house which sold for £340,000.
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 2 addresses on Leegomery, Telford, TF1, The Mill, Telford comes out as the largest and the most expensive in our analysis of the public data.
It is also £36k more expensive than the average property across the TF1 district.
More reading links
Schools Nearby
- 500mApley Wood Primary Academy
- 700mMillbrook Primary School and Nursery
- 1.5kmHadley Learning Community - Primary Phase
- 1.5kmHadley Learning Community - Secondary Phase
- 1.6kmCharlton School
- 2.6kmErcall Wood Academy
More reading links
Public Transport Nearby
From The Mill, Telford, the nearest station is Wellington (Shropshire), 1.9 kilometres away.
- 1.9kmWellington (Shropshire)
- 3.6kmOakengates
- 5.0kmTelford Central
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
