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House Prices on Severn Drive, TF1 - What’s the Going Rate?
Our site offers a comprehensive overview of Severn Drive in Telford, including comparisons to the local area and Telford overall.
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Associated Postcodes:
TF1 3GH, TF1 3HT, TF1 3HZ, ... + 13 more
What should properties be worth on Severn Drive?
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House Prices > Telford > TF1 > Severn Drive
Street’s Market Snapshot
Understanding Recent Transactions in Severn Drive
- Severn Drive has experienced 20 transactions since 2021, with an average price per home of £180,600. The properties average 690 square feet, coming to £213 per square foot.
- On Severn Drive, homes have fetched figures ranging from £60,000 to £310,000, with costs per square foot floating between £100 and £346.
- The last signature on the dotted line for Severn Drive happened in September 2024.
Housing Costs vs Nearby Areas
Severn Drive Property Prices vs Surrounding Areas
By Locality
Wellington
The average cost of living in Wellington is 20% greater than on Severn Drive. (£217,400 vs £180,600) Judging by these figures, a move to Severn Drive might save you about £36,800.
By Sector
TF1 3
Property prices on Severn Drive are 16% more budget-friendly than in the TF1 3 sector. (£208,700 vs £180,600). This suggests you could spend approximately £28,100 less by buying on Severn Drive.
By District
i.e. TF1
On average, purchasing in the TF1 district will cost 15% more than buying on Severn Drive. (£207,400 vs £180,600). This market snapshot suggests that a comparable home on Severn Drive could offer savings of around £26,800 over other district properties.
By City or Town
i.e. Telford
Buyers choosing Severn Drive over Telford might save roughly 26% on average. (£180,600 vs £228,000). Therefore, a home of similar value on Severn Drive could cost around £47,100 less than its Telford counterpart.
Street Stats and Stories
More Useful Facts About Severn Drive
- This road displays 350 properties, organised by 17 postcodes.
- There are no recorded transactions for new-build homes on Severn Drive.
- Severn Drive homes are currently assessed at 69 (C), though improved efficiency measures could raise this to 76 (C).
- Properties along Severn Drive are statistically larger than Telford homes, with floor areas averaging 690 square feet – a 36% uplift from the town standard.
- This road sees faster resale activity, averaging 4 months between sales versus a slower 9.49 months across TF1.
Insider Looks at Local Homes
How Telford Homes Really Perform
Thinking of buying or investing in Telford? Check out our in-depth articles for the best roads, real estate trends, and tips to snag a great opportunity.
Furthermore, for a rounded view of how Telford compares with nearby areas, the Telford House Prices page is worth a visit.
Nearby Places to Roam
A Closer Look at TF1
The TF1 area’s been bubbling along nicely – you’ll find the figures below.
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
More Paths to Discover
Roads Worth Checking Out
Popular Roads in TF1
TF1 Roads with Similar Prices
- Rose Crescent
- Mansell Road
- Low Valley Close
- Ashtree Leasow
- Morville Drive
- Beech Close
Roads Near Severn Drive
- Buildwas Road
- Admaston Road
- Albert Road
- Alverley Close
- Apley Drive
- Aston Close
