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2, Bank Terrace, Llandeilo appears in the public record as a freehold house sitting on a 560 m2 plot.
By comparing it to nearby properties, we estimate it to be a period house with 2,129 ft2 of internal area and a garden.
Locally, houses of this size normally have 5 bedrooms.
Our estimate of the sale value of 2, Bank Terrace, Llandeilo is £633,127 and its rental estimate is £2,150 per month, given the available information and assuming reasonable condition.
Bank Terrace, Llandeilo, SA19 falls within the SA19 postal district.
2, Bank Terrace, Llandeilo has 41 entries in the Land Registry , most recently in May 2021 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 1 out of 5 and is considered of low accuracy.
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, Bank Terrace, Llandeilo, we estimate a market value of £664,783 and a rental value of £2,257 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £588,808 and £1,999 per month respectively.
Over the last year, 2, Bank Terrace, Llandeilo has seen its estimated sale value move up by £8,190 (1.3%) and its estimated rental value increase by £61 per month (2.9%). This results in an estimated gross rental yield of 4.1%.
HM Land Registry records the plot of land for 2, Bank Terrace, Llandeilo as measuring 560 m2.
That makes it the 4th largest plot in the postcode, where all 6 other houses have recorded plot data.
The most recent sale of 2, Bank Terrace, Llandeilo completed on 19th May 2021 at £495,000 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 47.3% over the period since May 2021.
Over the past 2 years 3 properties similar to 2, Bank Terrace, Llandeilo have sold within a radius of 4.3 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 29th March 2022, was 3, Bank Terrace, Llandeilo, SA19 6AY, a freehold house which sold for £535,000.
Read more about house prices in SA19.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 7 addresses on Bank Terrace, Llandeilo, SA19, 2, Bank Terrace, Llandeilo comes out as the 3rd largest and the 3rd most expensive in our analysis of the public data.
It is also £375k more expensive than the average property across the SA19 district.
From 2, Bank Terrace, Llandeilo, the nearest station is Llandeilo, 700 metres away.
The flood risk here is rated very low, based on Environment Agency data.
The recent census recorded whether a resident owned or rented their home.
In the area around 2, Bank Terrace, Llandeilo, 47.5% of property is privately rented and 27.5% is privately owned outright.
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, Bank Terrace, Llandeilo, 17.8% of residents are recorded as possessing school level qualifications and 51.9% 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, Bank Terrace, Llandeilo, the average age was 47.6 and the most common age was 57.
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, Bank Terrace, Llandeilo, 1.7% 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, Bank Terrace, Llandeilo, there are an average of 1.3 cars per household.
See below for how this compares to Wales and the rest of England & Wales.