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According to the public record, 2, Commercial Street, Neath is a period apartment with 279 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 2, Commercial Street, Neath is £31,378 and the estimated rental value is £227 per month.
Commercial Street, Neath, SA11 is located within the SA11 postal district.
2, Commercial Street, Neath has no recent1 records in the the Land Registry and a single entry in the EPC database dated August 2023.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low 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, Commercial Street, Neath is in very good condition we estimate a sale value of £32,947 and a rental value of £238 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £29,182 and a rental value of £211 per month.
Over the last 12 months the sale value of 2 Commercial Street Neath has increased by an estimated £790 (2.5%) and its rental value has increased by an estimated £9 per month (4.1%), giving an expected gross yield of 8.7%.
2, Commercial Street, Neath has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 18 Aug 2023.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
According to HM Land Registry, 2, Commercial Street, Neath was last sold on 10th September 2001 for £33,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 property sales within a 640 metres radius of 2, Commercial Street, Neath over the last 2 years.
The most recent example is 7, Commercial Street, Neath, SA11 1SB, a freehold house which sold for £33,500 on the 30th October 2015.
Read more about house prices in SA11.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Commercial Street, Neath, SA11 has a total of 9 addresses. According to our analysis of all the public data, 2, Commercial Street, Neath is the 7th largest and the 8th most expensive property on the street.
When compared to the postcode district it is £132k less expensive than the average property in SA11.
The closest station to 2, Commercial Street, Neath is Neath station which is 100 metres away.
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, Commercial Street, Neath, 49.7% of property is socially rented and 34.5% 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, Commercial Street, Neath, 10.8% of residents are recorded as possessing school level qualifications and 12.7% 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, Commercial Street, Neath, the average age was 43.9 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, Commercial Street, Neath, 0.0% 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, Commercial Street, Neath, there are an average of 0.5 cars per household.
See below for how this compares to Wales and the rest of England & Wales.