2 Ty Machen, Maesteg
2 Ty Machen, Maesteg
Description & Estimates
2 Ty Machen, Maesteg appears in the public record as a freehold house sitting on a 309 m2 plot.
By comparing it to nearby properties, we estimate it to be a modern house with 1,848 ft2 of internal area and a garden.
Locally, houses of this size normally have 4 bedrooms.
Our estimate of the sale value of 2 Ty Machen, Maesteg is £322,019 and its rental estimate is £1,362 per month, given the available information and assuming reasonable condition.
Alma Road, Maesteg, CF34 falls within the CF34 postal district.
Our Data Sources
2 Ty Machen, Maesteg has a single entry in the Land Registry from May 2008 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 2 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 2 Ty Machen, Maesteg, we estimate a market value of £338,120 and a rental value of £1,430 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £299,478 and £1,267 per month respectively.
Recent Market Change
Over the last year, 2 Ty Machen, Maesteg has seen its estimated sale value increase by £3,787 (1.2%) and its estimated rental value grow by £47 per month (3.5%). This results in an estimated gross rental yield of 5.1%.
Plot Size
HM Land Registry records the plot of land for 2 Ty Machen, Maesteg as measuring 309 m2.
Sold Prices
The most recent sale of 2 Ty Machen, Maesteg completed on 9th May 2008 at £225,000 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 46.7% over the period since May 2008.
- Sold May 2008£225,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 2 Ty Machen, Maesteg have sold within a radius of 560 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 26th July 2023, was Autumn Cottage, Commercial Street, Maesteg, CF34 9DL, a freehold house which sold for £295,000.
Read more about house prices in CF34.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 124 addresses on Alma Road, Maesteg, CF34, 2 Ty Machen, Maesteg comes out as the 10th largest and the 13th most expensive in our analysis of the public data.
It is also £165k more expensive than the average property across the CF34 district.
More reading links
Schools Nearby
Public Transport Nearby
From 2 Ty Machen, Maesteg, the nearest station is Maesteg (Ewenny Road), 400 metres away.
- 400mMaesteg (Ewenny Road)
- 600mMaesteg
- 1.2kmGarth (Bridgend County)
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
