1, Milbank
1, Milbank
Description & Estimates
1, Milbank, Presteigne is recorded publicly as a mid-century freehold house across 764 ft2 of internal area, sitting on a 347 m2 plot.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 1, Milbank, Presteigne is £110,040 and its rental estimate is £511 per month, given the available information and assuming reasonable condition.
Milbank, Norton, Presteigne, LD8 falls within the LD8 postal district.
Our Data Sources
1, Milbank, Presteigne has a single entry in the Land Registry from June 2020 and a single entry in the EPC database dated January 2020.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium accuracy.
Price Range & Condition
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, Milbank, Presteigne, we estimate a market value of £115,542 and a rental value of £537 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £102,337 and £475 per month respectively.
Recent Market Change
Over the last year, 1, Milbank, Presteigne has seen its estimated sale value fall by £730 (0.7%) and its estimated rental value move up by £17 per month (3.3%). This results in an estimated gross rental yield of 5.6%.
Plot Size
HM Land Registry records the plot of land for 1, Milbank, Presteigne as measuring 347 m2.
That makes it the 6th largest plot in the postcode, where 18 of the 26 other houses have recorded plot data.
Energy Efficiency
1, Milbank, Presteigne has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 27 Jan 2020.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, oil.
Sold Prices
The most recent sale of 1, Milbank, Presteigne completed on 22nd June 2020 at £100,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have risen by 40.8% over the period since June 2020.
- Sold Jun 2020£100,000
Similar Properties Sold Nearby
Over the past 2 years 2 properties similar to 1, Milbank, Presteigne have sold within a radius of 5.2 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 19th April 2024, was 11, Milbank, Presteigne, LD8 2EH, a freehold house which sold for £120,000.
Read more about house prices in LD8.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 26 addresses on Milbank, Norton, Presteigne, LD8, 1, Milbank, Presteigne comes out as the 21st largest and the 21st most expensive in our analysis of the public data.
It is also £197k less expensive than the average property across the LD8 district.
More reading links
Schools Nearby
- 8.5kmSt Mary's CofE Primary School
- 10.3kmKington Primary School
- 10.7kmShobdon Primary School
- 10.4kmLady Hawkins' School
- 11.4kmWigmore School
More reading links
Public Transport Nearby
From 1, Milbank, Presteigne, the nearest station is Knighton, 5.7 kilometres away.
- 5.7kmKnighton
- 8.5kmBucknell
- 9.0kmKnucklas
Available Internet Speeds
Internet coverage here is poor, based on recent Ofcom data, and connectivity may be weak or unavailable.
According to recent data from Ofcom, Slow/none broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
