Area Guide For Telford

Telford is a large new town in the borough of Telford and Wrekin and ceremonial county of Shropshire, England, about 13 miles (21 km) east of Shrewsbury, and 30 miles (48 km) west of Birmingham. With an estimated population of 162,300 in 2009, Telford is by far the largest town in Shropshire, and one of the fastest growing towns in the United Kingdom. It is named after Thomas Telford, the famous civil engineer. The town was built in the 1960s and 1970s as a new town on previously industrial and agricultural land. Like other planned towns of the era, Telford was created from the merger of other, smaller settlements, most notably the towns of Wellington, Oakengates, Madeley and Dawley. Telford Shopping Centre, a modern shopping mall, was constructed at the new town's geographical centre, along with an extensive Town Park. The M54 motorway was completed in 1983, connecting the town with the West Midlands conurbation. Telford now includes Ironbridge Gorge, a scenic tourist destination and UNESCO World Heritage Site. The town advertises itself as "The Birthplace of Industry", due to its proximity to Coalbrookdale and other places in the Ironbridge Gorge area, which are


Telford Map

Estimated Price: £164,896
Average Asking Price: £187,686
Price change in last one year: £8,684
Average Price Paid: £148,496
Average Rent Rates: £1,175


Property Prices Breakdown in Telford

Average Price for property in Telford is around £164,896 which varies based on type of property you are interested in and ranges from £245,322 for detached house to around £137,123 for semi-detached. Similarly terraced house is around £114,342 and a flat is worth £87,165. Values have been changing and have risen £910 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,172 in last 6 months, £8,684 in last 1 year, £13,384 in last 2 years, £18,149 in last 3 years, £17,247 in last 4 years and £18,352 in last 5 years.

Currently average asking price of a property in Telford is around £187,686 based on approximately 1,895 properties for sale. Same is the case with rental options based on 438 properties up for rent, average asking rent is around £1,175 per month.

Estimated property value in Telford is £164,896. Average asking price is £187,686 while average price paid is £150,268 which is up by £8,684 and Avg. asking rent £1,175.Based on an Online Survey

Buyers are willing to pay high dollar prices to grab these properties because of the recent trend in real estate investment especially in Telford area. In last 1 year alone average price buyer paid is around £150,268 based on approximately 1,895 sales in Telford area alone. If you compare it to last 3 years sales of 5,296 properties where buyers paid around £148,742. It has been same for some time now for e.g. if you take an average of amount paid in last 5 years, it comes to around £148,496 for 7,917 and average amount paid for purchase of approx. 10,594 properties sold in last 7 years comes to about £148,603 per sale.


Properties For Sale in Telford


Breakdown of asking prices for homes of different sizes show that price varies clearly based on no of bedrooms and type of house. Asking price for a house with 1 bedroom is around £90,902, £125,350 for a 2 bedroom house, £151,096 for a 3 bedroom house, £238,993 for a 4 bedroom house and £326,059 for a 5 bedroom house. For a flat similarly the prices varies from £73,404 for a single bedroom to £95,146 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £179,982. To sum up the asking prices for properties in Telford it comes to around average £77,253 for 1 bedroom property, £117,062 for 2 bedroom, £151,232 for 3 bedroom, £238,993 for 4 bedroom and £326,059 for a 5 bedroom property.

Rent per calendar month varies similarly based on type and size of the house. If you look at the rents per month for houses alone it can vary from £376 for 1 bedroom to £544 for 2 bedrooms, £632 for 3 bedrooms, £865 for 4 bedrooms and £1,419 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £449. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £497 and £650 for 3 bedroom. You should be generally be expecting around average £402 rent per month for single bedroom property, £524 for 2 bedroom, £632 for 3 bedroom, £865 for 4 bedroom and approximately £1,419 for a 5 bedroom property in Telford area.

Popular Houses in Telford

Disclaimer : Location real estate estimates and values are based on House price index background data and Sales data provided by United Kingdom Land registry Records available as public records from their website. This information is updated monthly on our website and may not reflect all public transactions. This information is based on estimated calculation generated from our developed algorithms. We are striving to make this information as accurate and useful as possible. This data covers the transactions received at Land Registry in the period 1/1/1995 to 9/1/2014. © Crown copyright 2014. Data produced by Land Registry © Crown copyright 2014.

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