1 The Cedars, Malpas
1 The Cedars, Malpas
Description & Estimates
1 The Cedars, Malpas is recorded publicly as a modern leasehold apartment across 914 ft2 of internal area.
Locally, apartments of this size normally have 3 bedrooms.
Our estimate of the sale value of 1 The Cedars, Malpas is £319,632 and its rental estimate is £1,229 per month, given the available information and assuming reasonable condition.
The Cedars, Old Hall Street is a residential building on Old Hall Street, Malpas, SY14 and falls within the SY14 postal district.
Our Data Sources
1 The Cedars, Malpas has a single entry in the Land Registry from October 2021 and a single entry in the EPC database dated July 2021.
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 The Cedars, Malpas, we estimate a market value of £335,613 and a rental value of £1,290 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £297,258 and £1,143 per month respectively.
Recent Market Change
Over the last year, 1 The Cedars, Malpas has seen its estimated sale value move down by £1,969 (0.6%) and its estimated rental value increase by £28 per month (2.3%). This results in an estimated gross rental yield of 4.6%.
Energy Efficiency
1 The Cedars, Malpas has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 14 Jul 2021.
The property is not connected to mains gas and has high performance glazing. It is heated using Room heaters, electric.
Sold Prices
The most recent sale of 1 The Cedars, Malpas completed on 29th October 2021 at £310,499 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 this is the property's only sale.
Values of comparable properties have dropped by 17.5% over the period since October 2021.
- Sold Oct 2021£310,499
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 1 The Cedars, Malpas have sold within a radius of 3.7 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 28th October 2022, was 13 The Cedars, Old Hall Street, Malpas, SY14 8NG, a leasehold flat which sold for £248,557.
Read more about house prices in SY14.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 78 addresses on Old Hall Street, Malpas, SY14, 1 The Cedars, Malpas comes out as the 42nd largest and the 31st most expensive in our analysis of the public data.
It is also £16k less expensive than the average property across the SY14 district.
More reading links
Schools Nearby
- 600mMalpas Alport Endowed Primary School
- 3.4kmTushingham With Grindley CofE Primary School
- 5.3kmTilston Parochial CofE Primary Academy
- 1.3kmBishop Heber High School
- 8.8kmSir John Talbot's School
More reading links
Public Transport Nearby
From 1 The Cedars, Malpas, the nearest station is Whitchurch (Shropshire), 8.2 kilometres away.
- 8.2kmWhitchurch (Shropshire)
- 11.1kmWrenbury
- 14.0kmPrees
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
