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Property Prices on Springfield Road, TF2 - Full Market Breakdown
Look at how transaction figures place Springfield Road in the TF2 district in Telford within the broader Telford landscape.
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Associated Postcodes:
TF2 6QS, TF2 6QT, TF2 6QX
How much are properties valued at on Springfield Road?
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House Prices > Telford > TF2 > Springfield Road
Property Activity On This Street
Snapshot Stats of Property Prices in Springfield Road
- On Springfield Road, 19 transactions have taken place since 2021, with an average price of £170,900. Homes here typically offer 885 square feet, costing £203 per square foot.
- Properties on Springfield Road have been sold for between £115,000 and £280,000. The cost per square foot varied from £122 to £289.
- The last home handover on Springfield Road wrapped up in January 2024.
Property Values vs the Vicinity
Market Comparison: Springfield Road vs Surrounding Areas
By Locality
Trench
The average buyer in Trench benefits from 13% lower prices compared to Springfield Road. (£148,200 vs £170,900) This implies that a home elsewhere in Trench could cost approximately £22,700 less than one on Springfield Road.
By Sector
TF2 6
Moving to TF2 6 could lighten your mortgage load by 4% versus Springfield Road. (£164,300 vs £170,900) This means a comparable property on Springfield Road could cost you approximately £6,600 more than one elsewhere in the same sector.
By District
i.e. TF2
Properties on Springfield Road are priced 25% below the TF2 district average. (£170,900 vs £213,100). Statistically, buyers could save about £42,200 by opting for Springfield Road rather than another street.
By City or Town
i.e. Telford
On the whole, residential properties in Telford are priced 33% higher than in Springfield Road. (£228,000 vs £170,900). In short, choosing Springfield Road over Telford could keep £56,800 out of the seller’s pocket - and in yours.
More Street-Level Scoop
Relevant Useful Facts for Springfield Road
- This street, made up of 81 properties, shares just one postcode from end to end.
- Springfield Road consists entirely of older, non-new-build properties.
- The energy rating on Springfield Road is presently 62 (D), with available upgrades pushing it up to 81 (B).
- Properties on Springfield Road measure 885 square feet on average, 6% more substantial than Telford’s norm.
- You’re more likely to see a ‘For Sale’ sign on this street – transactions happen every 5 months, which is faster than the 10.13 months district benchmark.
City Buyer’s Briefing
Buying or Selling in Telford? Read This First
Aiming to buy or invest in Telford? Dive into our resources for prime streets, real estate updates, and tips to score a fantastic deal.
In addition, the Property Prices in Telford page helps track the rise and fall of home values since 2018, with clear insights across types.
Best Outings in the District
About the TF2 Area
If you’re intrigued by TF2’s housing movement, we’ve listed the main figures below.
533
No. of Roads
4,523
No. of Transactions
£300K
Avg. Property Price
965
per sq/ft
Avg. Property Size
£220
per sq/ft
Avg. Cost Per Sq/Ft
Streets Worth Noting
Nearby Streets That Stand Out
Popular Roads in TF2
TF2 Roads with Similar Prices
- Wombridge Road
- Stafford Road
- Abdon Court
- Eastwood Drive
- Ryebank Road
- Bridge Close
Roads Near Springfield Road
- Abbey Walls
- Abbots Close
- Abdon Court
- Ashdale Road
- Ashfields
- Beveley Road
