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Furnace Lane, TF2 Property Market Overview
Find out how pricing shifts have affected Furnace Lane in the TF2 district in Telford compared to the broader area.
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Associated Postcodes:
TF2 7AT, TF2 7HY, TF2 7HZ, ... + 12 more
What should properties be worth on Furnace Lane?
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House Prices > Telford > TF2 > Furnace Lane
Market Beat of This Road
Exploring Property Prices on Furnace Lane
- Since 2021, Furnace Lane has seen 40 transactions, with houses selling for an average of £145,800. The average size of these properties is 866 square feet, translating to £159 per square foot.
- On Furnace Lane, properties have been sold for between £73,500 and £337,000. The price per square foot ranged from £82 to £259.
- The last real estate handshake on Furnace Lane took place in March 2024.
Local Market Showdown
Property Costs: Furnace Lane vs Surrounding Areas
By Locality
Trench
On Furnace Lane, your budget stretches further - Trench prices sit 2% higher on average. (£148,200 vs £145,800) As such, choosing Furnace Lane could leave you laughing all the way to the bank with £2,400 saved.
By Sector
TF2 7
Slice about 14% off your budget by choosing Furnace Lane over pricier sector streets. (£165,900 vs £145,800). According to the data, choosing Furnace Lane over another street could leave you better off by £20,100.
By District
i.e. TF2
Property shopping? Know that homes in TF2 cost about 46% more than Furnace Lane options. (£213,100 vs £145,800). With a gap like that, Furnace Lane could be a very wallet-friendly choice by about £67,300.
By City or Town
i.e. Telford
Love the area but not the price tag? Furnace Lane saves you 56% over Telford. (£145,800 vs £228,000). With a saving of £81,900, Furnace Lane might just be the smart buyer’s postcode.
Street Perks and Particulars
More Relevant Information on Furnace Lane
- This road has 156 dwellings, each tied to one of 16 postcodes.
- Furnace Lane appears to be entirely made up of longstanding, previously owned properties.
- The average EPC rating for homes on Furnace Lane is currently 61 (D), with the potential to rise to 80 (C) over time.
- On Furnace Lane, residences tend to be larger than the Telford average, with an average footprint of 866 square feet, or 8% more.
- If TF2 homes are the tortoise, this street is the hare – with sales every 2 months versus 10.13 months elsewhere.
Smart Reads for Home Seekers
Which Telford Postcodes Stand Out – and Which Don’t
Pricing gaps between streets in Telford are often wider than they look. These articles uncover where the cracks are.
Also, for a closer look at how the market has evolved since 2018, the Property Prices in Telford page gives you just that.
Top Picks for Exploration
Exploring TF2: A Local Snapshot
For those on the hunt for practical living spaces combined with excellent amenities, TF2 in Telford is a logical choice. The district offers a plethora of housing options, each providing comfort and convenience for a variety of lifestyles. With easy access to transport and commercial centres, residents find themselves in a truly strategic location. Options for leisure and relaxation further enhance the living experience.
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
Local Gems to Roam
More Streets to Explore
Popular Roads in TF2
TF2 Roads with Similar Prices
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