2, Arddol Terrace
2, Arddol Terrace
Description & Estimates
2, Arddol Terrace, Machynlleth is recorded publicly as a period freehold house across 1,054 ft2 of internal area, sitting on a 71.3 m2 plot.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 2, Arddol Terrace, Machynlleth is £204,069 and its rental estimate is £998 per month, given the available information and assuming reasonable condition.
Arddol Terrace, Corris, Machynlleth, SY20 falls within the SY20 postal district.
Our Data Sources
2, Arddol Terrace, Machynlleth has 41 entries in the Land Registry , most recently in January 2024 and a single entry in the EPC database dated March 2024.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high 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, Arddol Terrace, Machynlleth, we estimate a market value of £214,273 and a rental value of £1,048 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £189,784 and £928 per month respectively.
Recent Market Change
Over the last year, 2, Arddol Terrace, Machynlleth has seen its estimated sale value move up by £406 (0.2%) and its estimated rental value increase by £43 per month (4.4%). This results in an estimated gross rental yield of 5.9%.
Plot Size
HM Land Registry records the plot of land for 2, Arddol Terrace, Machynlleth as measuring 71 m2.
That makes it the 2nd largest plot in the postcode, where all 4 other houses have recorded plot data.
Energy Efficiency
2, Arddol Terrace, Machynlleth has an Energy Performance Rating (EPC) of F. This is based on the most recent assessment, dated 04 Mar 2024.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
Sold Prices
The most recent sale of 2, Arddol Terrace, Machynlleth completed on 16th January 2024 at £186,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold 4 times.
Values of comparable properties have risen by 28.2% over the period since January 2024.
- Sold Jan 2024£186,000
- Sold Jan 2007£129,000
- Sold Dec 1999£39,500
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 2, Arddol Terrace, Machynlleth have sold within a radius of 7.5 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 11th February 2022, was 3, Arddol Terrace, Machynlleth, SY20 9SX, a freehold house which sold for £213,000.
Read more about house prices in SY20.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 4 addresses on Arddol Terrace, Corris, Machynlleth, SY20, 2, Arddol Terrace, Machynlleth comes out as the 2nd largest and the 2nd most expensive in our analysis of the public data.
It is also £70k less expensive than the average property across the SY20 district.
More reading links
Schools Nearby
Public Transport Nearby
From 2, Arddol Terrace, Machynlleth, the nearest station is Machynlleth, 6.7 kilometres away.
- 6.7kmMachynlleth
- 11.5kmDovey Junction
- 14.1kmMorfa Mawddach
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
