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Leicester Way, TF1 Property Market Overview
Explore the house pricing story on Leicester Way in the TF1 district in Telford and how it stands across the city.
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Associated Postcodes:
TF1 6UT
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House Prices > Telford > TF1 > Leicester Way
Street’s Market Snapshot
Breaking Down House Prices on Leicester Way
- 9 properties on Leicester Way have been sold since 2021, averaging £100,400 each. The typical size is 692 square feet, resulting in a cost of £143 per square foot.
- House sales on Leicester Way have ranged from £56,000 to £161,000, with the price per square foot moving across £102 to £183.
- The final tick of the market clock for Leicester Way struck in September 2023.
Local Market Showdown
Price Contrast: Leicester Way and Surrounding Areas
By Locality
Apley
In Apley, expect to pay 190% more than you would on Leicester Way. (£291,000 vs £100,400) This shows that purchasing on Leicester Way rather than in Apley could offer a reduction of around £190,600.
By Sector
TF1 6
Purchasing property on Leicester Way means spending, on average, 129% less than in the TF1 6 sector. (£230,300 vs £100,400). Choosing a home on Leicester Way over another in the same sector could require a smaller budget, with a potential saving of around £129,900.
By District
i.e. TF1
Buyers on Leicester Way can expect to pay 107% less on average than in the TF1 district. (£100,400 vs £207,400). With this insight, securing a similar home on Leicester Way might cost you around £107,000 less than other district options.
By City or Town
i.e. Telford
In property terms, Leicester Way provides a 127% saving compared to Telford. (£100,400 vs £228,000). This points to a home in Telford potentially costing £127,300 more than a similar one on Leicester Way.
What Else Defines This Street
Practical Useful Facts for Leicester Way
- Hosting a close-knit group of 51 properties, this street is defined by only one postcode.
- New-build homes are absent from Leicester Way.
- On Leicester Way, the average current EPC rating for properties is 71 (C), with a potential to increase to 82 (B).
- Properties along Leicester Way are statistically larger than Telford homes, with floor areas averaging 692 square feet – a 36% uplift from the town standard.
- Homes change hands here more frequently, at around 10 months, while the average in TF1 is a slower 9.49 months.
Local Housing Highlights
Inside the Telford Housing Market
Whether you’re pricing up your first home or scouting the next deal, these articles keep things grounded, direct, and more than a little bit helpful.
Also, if you’re curious about how the city compares to its neighbours, the House Prices in Telford page gives a clean side-by-side.
Area Adventures Made Easy
TF1 Area Overview
We’ve stripped away the jargon to give you the essentials from TF1’s sales data.
516
No. of Roads
4,676
No. of Transactions
£300K
Avg. Property Price
990
per sq/ft
Avg. Property Size
£212
per sq/ft
Avg. Cost Per Sq/Ft
Streets Worth Noting
Surrounding Streets to Consider
Popular Roads in TF1
Roads Near Leicester Way
- Acacia Drive
- Aintree Close
- Albacore Road
- Anson Drive
- Auster Close
- Ayr Close
