40 Redlands Road, Hadley, Telford, TF1 5LP is a leasehold flat built between 1996-2002. The property offers approximately 560 square feet of living space and is situated on the 1st floor. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £135,616 , which equates to approximately £242 per square foot. It was last sold on 13 Jul 2007 for £116,000. Since then, the value has increased by £19,616, representing a 16.9% increase, or approximately 0.9% per year.

The current estimated value of £135,616 is:

  • 27.8% lower than the average property price on Redlands Road
  • 31.1% lower than the average in the TF1 5LP postcode area
  • and 41.1% lower than the average price for Telford as a whole

At the most recent EPC inspection on 20 January 2022, the property was recorded as rented.

View sold house prices in TF1 5LP

Building approximate location

About Property

Type
Flat
Built
1996-2002
Interior Size
560 sq ft
Tenure
Leasehold
Floor level
1st floor
Price (estimate)
£135,616
Price Per sq ft (estimate)
£242
Bedroom Count (estimate)
1 bedroom

EPC Summary

40 Redlands Road, Hadley, Telford, Wrekin, TF1 5LP has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 20 Jan 2022.

This property uses electric room heaters as its main heating source. Electric instantaneous heaters at the point of use are used to provide hot water. The windows are fully double glazed.

The previous EPC assessment was conducted on 30 Jun 2012, when the property was rated B. The current rating of C reflects a decline in energy efficiency of 13.6%.

Since the previous assessment, several changes were observed:

  • The heating system was upgraded from electric storage heaters to room heaters, electric, changing energy efficiency from average to very poor.
  • The hot water system was changed from electric immersion, off-peak to electric instantaneous at point of use, with its energy efficiency changing from average to very poor.
  • The lighting was updated from no low energy lighting to low energy lighting in 57% of fixed outlets, with efficiency improving from very poor to good.
Heating Type
Room heaters, electric
Very Poor
Hot Water
Electric instantaneous at point of use
Very Poor
Walls
Cavity wall, as built, insulated (assumed)
Good
Windows
Fully double glazed
Average
Lighting
Low energy lighting in 57% of fixed outlets
Good

Compared to TF1 5LP

64 th / 75
Price Rank
31% lower than average
37 th / 44
Size Rank
29% smaller than average
31 st / 44
Price Per Sq FT Rank
3% lower than average

Compared to other properties in TF1 5LP , this flat's estimated value ranks 64th out of 75. Based on price per square foot, it ranks 31th out of 44 properties. This indicates a lower price per square foot than most, suggesting good value for the space offered. In terms of size, this home ranks 37th out of 44 properties in its postcode area.

Sale History

Today
£135,616
streetscan.co.uk estimate
+17 %
13 Jul 2007
£116,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 519 sq ft
sale price: £106,000
sale date: 10 Aug 2007
rooms: 3
size: 581 sq ft
sale price: £116,000
sale date: 6 Jul 2007
rooms: 3
size: 581 sq ft
sale price: £113,850
sale date: 6 Jul 2007
rooms: 3
size: 592 sq ft
sale price: £116,000
sale date: 6 Jul 2007
rooms: 3
size: 581 sq ft
sale price: £116,000
sale date: 6 Jul 2007

Data Sources

The property at 40 Redlands Road, Hadley, Telford, Wrekin, TF1 5LP appears once in the Land Registry records, with the transaction recorded on 13 Jul 2007. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 20 Jan 2022. We use this data, to estimate the property's characteristics and current market value.

This website uses public sector information from:

These datasets are licensed under the Open Government Licence v3.0.
This website is not affiliated with or endorsed by HM Land Registry or DLUHC.


Disclaimer: StreetScan.co.uk makes all reasonable efforts to ensure the information provided on this website is current and accurate; however, no warranties or representations are made as to its completeness or accuracy. StreetScan.co.uk expressly disclaims any and all liability for any loss, damage, or expense arising directly or indirectly from the use of, or reliance upon, such information.