1, Castle Terrace
1, Castle Terrace
Description & Estimates
The public record lists 1, Castle Terrace, Montgomery as a freehold house.
Comparison with its neighbours suggests a period house with 1,579 ft2 of internal area and a garden.
In this area, houses of this size normally have 4 bedrooms.
1, Castle Terrace, Montgomery has an estimated sale value of £264,544 and an estimated rental value of £1,050 per month, assuming reasonable condition and based on the information available.
Castle Terrace, Montgomery, SY15 lies within the SY15 postal district.
Our Data Sources
1, Castle Terrace, Montgomery has 41 entries in the Land Registry , most recently in December 2017 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 1 out of 5 and is considered of low accuracy.
Price Range & Condition
In very good condition, we estimate 1, Castle Terrace, Montgomery would be worth £277,771, with a potential rental value of £1,103 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £246,026, with a rental value of £977 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 1, Castle Terrace, Montgomery has moved down by £3,928 (1.5%) over the last year. During the same period, its estimated monthly rental value has increased by £24 (2.3%). The property's estimated gross yield is currently 4.8%.
Sold Prices
1, Castle Terrace, Montgomery last changed hands on 1st December 2017, selling for £224,000. The transaction was logged as a freehold house by HM Land Registry.
In total it has sold 4 times since 1995.
The market for similar properties has risen by 31.8% since December 2017.
- Sold Dec 2017£224,000
- Sold Sep 2007£230,000
- Sold Aug 2005£196,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 5.7 kilometres of 1, Castle Terrace, Montgomery across the last 2 years.
Most recently, 3, Castle Terrace, Montgomery, SY15 6PB, a freehold house, sold at £230,100 on the 28th August 2015.
Read more about house prices in SY15.
- Sold Aug 2015£230,100 | 4 Bed House3, Castle Terrace, Montgomery, SY15 6PB3, Castle Terrace, Montgomery, SY15 6PB
- Sold Jul 2013£375,165 | 4 Bed HouseBelmont, Arthur Street, Montgomery, SY15 6RABelmont, Arthur Street, Montgomery, SY15 6RA
- Sold Oct 2009£245,000 | 4 Bed HouseThe Armoury, Kerry Street, Montgomery, SY15 6PGThe Armoury, Kerry Street, Montgomery, SY15 6PG
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Our analysis of the public data ranks 1, Castle Terrace, Montgomery as the 2nd largest and the 2nd most expensive of the 3 addresses on Castle Terrace, Montgomery, SY15.
Against the SY15 postcode district average, it is £18k less expensive than the typical property.
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Schools Nearby
- 4.6kmChirbury CofE VC Primary School & Busy Bees Nursery
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Public Transport Nearby
Welshpool station is the nearest stop to 1, Castle Terrace, Montgomery at 10.8 kilometres away.
- 10.8kmWelshpool
- 12.1kmNewtown (Powys)
- 19.7kmCaersws
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
