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Property Prices on Speeds Lane, TF12 - Full Market Breakdown
Learn what property sale trends reveal about life on Speeds Lane in the TF12 district in Broseley.
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Associated Postcodes:
TF12 5RQ
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House Prices > Broseley > TF12 > Speeds Lane
Street’s Market Snapshot
Quick Look at Property Prices in Speeds Lane
- There have been 8 houses sold on Speeds Lane since 2021, with the average price being around £160,400. These homes have an average size of 942 square feet, equating to an average price of £201 per square foot.
- Properties on Speeds Lane have reached sale prices between £80,000 and £350,000, with square foot costs oscillating from £49 to £305.
- May 2024 marks the last known house sale on Speeds Lane.
Road Prices in Perspective
How Speeds Lane Stands vs Surrounding Areas Prices
By Sector
TF12 5
Properties on Speeds Lane show an average discount of 36% when compared to the TF12 5 sector. (£218,300 vs £160,400). If you’re looking for a like-for-like home, buying on Speeds Lane rather than elsewhere in the sector could mean spending £58,000 less.
By District
i.e. TF12
The latest averages show that Speeds Lane property values trail TF12 by 36%. (£160,400 vs £218,300). Given the maths, homes on Speeds Lane could spare you roughly £58,000 versus district prices.
By City or Town
i.e. Broseley
The average cost of a property in Broseley is 32% greater than in Speeds Lane. (£211,000 vs £160,400). So if your budget prefers a diet, Speeds Lane trims off about £51,100 in price.
Essential Extras for This Street
Handy Useful Facts for Speeds Lane
- Each of the 19 homes positioned along this road belongs to one collective postcode.
- Speeds Lane consists entirely of older, non-new-build properties.
- Current EPC results for Speeds Lane homes show a mean of 66 (D), which could be improved to 82 (B).
- Floor area data suggests that homes on Speeds Lane are more expansive than those in Broseley, with an average of 942 square feet – a 2% difference.
- A faster-moving market lives here: expect a sale every 11 months, faster than the 14.71 months across TF12.
Local Market Must-Knows
A Closer Look at Homes and Streets in Broseley
This isn’t another “UK property” story with no local detail. These reads are about Broseley, for people who live and buy there.
Additionally, the House Prices in Broseley page gives you clarity on how values compare across homes and neighbouring towns.
Best Outings in the District
TF12 Area Overview
When you weave economic statistics with optimism, TF12 emerges brightly. This isn’t your typical market story; Broseley’s subtle charm plays a crucial role in property valuations, with modest increases indicating promising prospects for investors looking for a balanced investment. Growth here is nicely paced, avoiding the frenzy found in larger cities.
92
No. of Roads
538
No. of Transactions
£300K
Avg. Property Price
1,017
per sq/ft
Avg. Property Size
£232
per sq/ft
Avg. Cost Per Sq/Ft
More Paths to Discover
Other Roads Nearby to Know
Popular Roads in TF12
TF12 Roads with Similar Prices
Roads Near Speeds Lane
- Ashmore Crescent
- Avenue Road
- Balls Lane
- Barber Street
- Barratts Hill
- Belvedere Gardens
