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According to the public record, 1 Maes Elwy, Corwen is a modern Leasehold apartment with 355 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 1 Maes Elwy, Corwen is £78,852 and the estimated rental value is £535 per month.
The apartment is within 1, Cerrigydrudion, Corwen, LL21.
Cerrigydrudion, Corwen, LL21 is located within the LL21 postal district.
1 Maes Elwy, Corwen has 2 entries in the Land Registry , most recently in June 2016 and a single entry in the EPC database dated May 2013.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low accuracy.
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 1 Maes Elwy, Corwen is in very good condition we estimate a sale value of £82,795 and a rental value of £561 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £73,332 and a rental value of £497 per month.
Over the last 12 months the sale value of 1 Maes Elwy Corwen has increased by an estimated £509 (0.6%) and its rental value has increased by an estimated £15 per month (2.8%), giving an expected gross yield of 8.1%.
1 Maes Elwy, Corwen has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 09 May 2013.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters.
According to HM Land Registry, 1 Maes Elwy, Corwen was last sold on 10th June 2016 for £57,500 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since June 2016, the market for similar properties has risen 17.0%
According to the Land Registry and our network of Estate Agents, there have been 3 property sales within a 12.2 kilometres radius of 1 Maes Elwy, Corwen over the last 2 years.
The most recent example is Pen Y Banc, Corwen, LL21 9SW, a freehold house which sold for £430,000 on the 3rd November 2022.
Read more about house prices in LL21.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Cerrigydrudion, Corwen, LL21 has a total of 160 addresses. According to our analysis of all the public data, 1 Maes Elwy, Corwen is the 160th largest and the 160th most expensive property on the street.
When compared to the postcode district it is £138k less expensive than the average property in LL21.
The closest station to 1 Maes Elwy, Corwen is Betws-y-Coed station which is 17.7 kilometres away.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 1 Maes Elwy, Corwen, 33.6% of property is privately owned outright and 28.8% is socially rented.
The graph below shows how this compares to Wales and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 1 Maes Elwy, Corwen, 17.7% of residents are recorded as possessing school level qualifications and 21.2% as possessing degree level qualifications.
The graph below shows how this compares to Wales and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 1 Maes Elwy, Corwen, the average age was 46.1 and the most common age was 57.
The graph below shows how this compares to Wales and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 1 Maes Elwy, Corwen, 0.3% of property was a second home.
Comparison figures for Wales and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 1 Maes Elwy, Corwen, there are an average of 1.4 cars per household.
See below for how this compares to Wales and the rest of England & Wales.