1, ELY CLOSE, PRIORSLEE, TELFORD, TF2 9UW - £264,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

1 ELY CLOSE is a detached house, which could now be worth an estimated £419,555. It was last sold for £264,000 in July 2015, which was around 18% above the average July 2015 detached price in the Telford and Wrekin local authority area.

1 ELY CLOSE Sold Prices

Land registry data shows three sales for 1 ELY CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Telford and Wrekin local authority area for the corresponding sale date. All of the three 1 ELY CLOSE sales were for above the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2015 10 JUL	£264,000	£222,868	18% above HPI
2001 27 JUL	£142,500	£106,590	34% above HPI
1997 22 AUG	£104,000	£76,611	36% above HPI

What might 1 ELY CLOSE be worth now?

1 ELY CLOSE might now be worth an estimated £419,555.

This is based on house price inflation of 58.9%, between July 2015 and July 2026, for detached houses, in the Telford and Wrekin local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 58.9% inflationary increase is applied to the most recent sale price for 1 ELY CLOSE of £264,000 on 10th July 2015. For the value to have increased from £264,000 to £419,555 over the eleven years to July 2026, the following assumptions must hold true:

• The value of 1 ELY CLOSE has moved in line with the HPI for detached houses in the Telford and Wrekin local authority area.
• The July 2015 sale price of £264,000 represented a fair market value for the property.
• The size, condition, and specification of 1 ELY CLOSE has not materially changed since July 2015.

Where is 1 ELY CLOSE?

1 ELY CLOSE is located in PRIORSLEE, in the TF2 postcode district.