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1, Glanynant, Machynlleth is recorded publicly as a period freehold house across 710 ft2 of internal area, sitting on a 34.3 m2 plot.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 1, Glanynant, Machynlleth is £110,552 and its rental estimate is £603 per month, given the available information and assuming reasonable condition.
Glanynant, Upper Corris, Machynlleth, SY20 falls within the SY20 postal district.
1, Glanynant, Machynlleth has 21 entries in the Land Registry , most recently in April 2018 and a single entry in the EPC database dated November 2022.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium accuracy.
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 1, Glanynant, Machynlleth, we estimate a market value of £116,080 and a rental value of £633 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £102,814 and £560 per month respectively.
Over the last year, 1, Glanynant, Machynlleth has seen its estimated sale value rise by £220 (0.2%) and its estimated rental value move up by £26 per month (4.4%). This results in an estimated gross rental yield of 6.5%.
HM Land Registry records the plot of land for 1, Glanynant, Machynlleth as measuring 34 m2.
That makes it the 2nd largest plot in the postcode, where all 3 other houses have recorded plot data.
1, Glanynant, Machynlleth has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 01 Nov 2022.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, dual fuel (mineral and wood).
The most recent sale of 1, Glanynant, Machynlleth completed on 13th April 2018 at £68,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold twice.
Values of comparable properties have risen by 74.2% over the period since April 2018.
Over the past 2 years 3 properties similar to 1, Glanynant, Machynlleth have sold within a radius of 8.1 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 27th April 2023, was 10, Bridge Street, Machynlleth, SY20 9SS, a freehold house which sold for £125,000.
Read more about house prices in SY20.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 3 addresses on Glanynant, Upper Corris, Machynlleth, SY20, 1, Glanynant, Machynlleth comes out as the largest and the most expensive in our analysis of the public data.
It is also £163k less expensive than the average property across the SY20 district.
From 1, Glanynant, Machynlleth, the nearest station is Machynlleth, 7.4 kilometres away.
The flood risk here is rated very low, based on Environment Agency data.
The recent census recorded whether a resident owned or rented their home.
In the area around 1, Glanynant, Machynlleth, 55.6% of property is privately owned outright and 22.2% is privately owned with a mortgage.
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, Glanynant, Machynlleth, 15.9% of residents are recorded as possessing school level qualifications and 46.2% 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, Glanynant, Machynlleth, the average age was 45.1 and the most common age was 62.
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, Glanynant, Machynlleth, 1.8% 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, Glanynant, Machynlleth, there are an average of 1.5 cars per household.
See below for how this compares to Wales and the rest of England & Wales.