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According to the public record, 2 Abercorris Cottages, Machynlleth is a period freehold house with 1,054 ft2 of internal area and sits on a 71.7 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 Abercorris Cottages, Machynlleth is £160,192 and the estimated rental value is £694 per month.
Corris, Machynlleth, SY20 is located within the SY20 postal district.
2 Abercorris Cottages, Machynlleth has 31 entries in the Land Registry , most recently in April 2023 and a single entry in the EPC database dated May 2017.
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 Abercorris Cottages, Machynlleth is in very good condition we estimate a sale value of £168,201 and a rental value of £729 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £148,978 and a rental value of £646 per month.
Over the last 12 months the sale value of 2 Abercorris Cottages Machynlleth has decreased by an estimated £1,344 (0.8%) and its rental value has increased by an estimated £33 per month (4.7%), giving an expected gross yield of 5.2%.
According to data from HM Land Registry, 2 Abercorris Cottages, Machynlleth sits on a plot of 72m2.
We have plot size data on 7 out of 9 other houses in the postcode and 2 Abercorris Cottages, Machynlleth sits on the 7th largest plot.
2 Abercorris Cottages, Machynlleth has an Energy Performance Rating (EPC) of F. This is based on the most recent assessment, dated 24 May 2017.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters.
According to HM Land Registry, 2 Abercorris Cottages, Machynlleth was last sold on 24th April 2023 for £125,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since April 2023, the market for similar properties has risen 19.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2 Abercorris Cottages, Machynlleth within a radius of 7.5 kilometres over the last 2 years.
The most recent example is Ty Golchi, Machynlleth, SY20 9RJ, a freehold house which sold for £72,500 on the 29th June 2016.
Read more about house prices in SY20.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Corris, Machynlleth, SY20 has a total of 103 addresses. According to our analysis of all the public data, 2 Abercorris Cottages, Machynlleth is the 58th largest and the 72nd most expensive property on the street.
When compared to the postcode district it is £84k less expensive than the average property in SY20.
The closest station to 2 Abercorris Cottages, Machynlleth is Machynlleth station which is 6.8 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 Abercorris Cottages, Machynlleth, 50.8% of property is privately owned outright and 23.9% is socially 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 Abercorris Cottages, Machynlleth, 12.6% of residents are recorded as possessing school level qualifications and 36.6% 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 Abercorris Cottages, Machynlleth, the average age was 45.1 and the most common age was 62.
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 Abercorris Cottages, Machynlleth, 1.9% 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 Abercorris Cottages, Machynlleth, there are an average of 1.3 cars per household.
See below for how this compares to Wales and the rest of England & Wales.