Property Prices in Telford
The average property price in Telford as of 2022 is around £200,000, with prices varying depending on the type of property and location. Prices for detached houses in Telford tend to be higher than for semi-detached or terraced properties.
Prices also tend to be higher in the more desirable areas of Telford, such as Telford town centre and the surrounding towns like Ironbridge and Wellington. Prices for apartments and flats in Telford are generally lower than for houses, with an average price of around £120,000.
It's important to note that property prices can fluctuate depending on various factors such as the local economy, demand for housing and changes in interest rates. Overall, Telford is a relatively affordable option compared to other towns in the region, making it a popular choice for first-time buyers and those looking for a more affordable option.
Contact us today if you are thinking of selling or letting out your property.
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World Earth Day 2024
How to make your home greener? Install energy efficient lightbulbs Use appliances such as air fryers and slow cookers to cook meals Recycle and re-use items, even the smallest bit of plastic can be recycled Conserve water where possible and avoid chemicals going into the water way by disposing of them correctly Take re-usable shopping bags when you go shopping Unplug appliances when you're not using them Hang clothes to dry instead of using a dryer Go paperless on bank/bills We can all play a part in making the world a greener/safer place and making small sustainable changes.
Are you, your friends or family struggling to remortgage? Our in house mortgage advisor can help! There is a new mortgage offer in place whereby the basic criteria is: Must be married, you can use your partners income to top up how much you can borrow. Borrowing up to 70% loan to value Best part is, your partners income does not need to go on the mortgage or application. How does it work? Illustrative example: Mr Smith buys a property in his sole name with an income of £30,000.00 per annum, Mrs Smith is not named on the mortgage however earns £20,000.00 per annum, we use 50% of Mrs Smith income within the affordability. A total income of £40,000.00 to be used in the affordability based on 2 adults living at the property. Miss Johnson wants to remortgage her property and has an income of £45,000.00 per annum, her partner Mr Taylor who is not named on the mortgage but living at the property earns £35,000.00 as a self-employed plumber. A council tax bill is provided as evidence that Mr Taylor resides at the property. £62,500.00 to be used in the affordability Get in touch today to speak to our inhouse mortgage advisor.