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According to the public record, 2-3 Lower Grove, Presteigne is a period freehold house with 1,194 ft2 of internal area and sits on a 660 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 2-3 Lower Grove, Presteigne is £338,881 and the estimated rental value is £1,075 per month.
New Radnor, Presteigne, LD8 is located within the LD8 postal district.
2-3 Lower Grove, Presteigne has a single entry in the Land Registry from December 2015 and a single entry in the EPC database dated October 2012.
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.
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 2-3 Lower Grove, Presteigne is in very good condition we estimate a sale value of £355,825 and a rental value of £1,129 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £315,159 and a rental value of £1,000 per month.
Over the past 12 months, the estimated sale value of 2-3 Lower Grove, Presteigne has moved down by £2,249 (0.7%), while its estimated rental value has increased by £36 per month (3.3%). Based on current estimates, the property offers a gross rental yield of 3.8%.
According to data from HM Land Registry, 2-3 Lower Grove, Presteigne sits on a plot of 660 m2.
We have plot size data on 8 out of 9 other houses in the postcode and 2-3 Lower Grove, Presteigne sits on the 4th largest plot.
2-3 Lower Grove, Presteigne has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 23 Oct 2012.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, oil.
According to HM Land Registry, 2-3 Lower Grove, Presteigne was last sold on 22nd December 2015 for £210,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since December 2015, the market for similar properties has risen by 42.4%.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2-3 Lower Grove, Presteigne within a radius of 9.0 kilometres over the last 2 years.
The most recent example is 3, Broad Street, Presteigne, LD8 2SP, a freehold house which sold for £296,490 on the 15th June 2023.
Read more about house prices in LD8.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
New Radnor, Presteigne, LD8 has a total of 73 addresses. According to our analysis of all the public data, 2-3 Lower Grove, Presteigne is the 48th largest and the 41st most expensive property on the street.
When compared to the postcode district it is £32k more expensive than the average property in LD8.
The closest station to 2-3 Lower Grove, Presteigne is Dolau station, which is 9.9 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 2-3 Lower Grove, Presteigne, 57.9% of property is privately owned outright and 24.6% is privately 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 2-3 Lower Grove, Presteigne, 15.4% of residents are recorded as possessing school level qualifications and 39.4% 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 2-3 Lower Grove, Presteigne, the average age was 48.9 and the most common age was 72.
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 2-3 Lower Grove, Presteigne, 0.8% 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 2-3 Lower Grove, Presteigne, there are an average of 1.7 cars per household.
See below for how this compares to Wales and the rest of England & Wales.