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Houses of this size in this area normally have 1 bedroom with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 2 Drefach Cottages is £142,330 and the estimated rental value is £505 per month.
Aberaeron, SA46 is located within the SA46 postal district.
2 Drefach Cottages has 21 entries in the Land Registry , most recently in February 2022 and a single entry in the EPC database dated August 2021.
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 Drefach Cottages is in very good condition we estimate a sale value of £149,446 and a rental value of £530 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £132,366 and a rental value of £469 per month.
Over the last 12 months the sale value of 2 Drefach Cottages has increased by an estimated £95 (0.1%) and its rental value has increased by an estimated £24 per month (4.8%), giving an expected gross yield of 4.3%.
According to data from HM Land Registry, 2 Drefach Cottages sits on a plot of 130m2.
We have plot size data on 9 out of 14 other houses in the postcode and 2 Drefach Cottages sits on the 8th largest plot.
2 Drefach Cottages has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 31 Aug 2021.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, electric.
According to HM Land Registry, 2 Drefach Cottages was last sold on 17th February 2022 for £155,100 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since February 2022, the market for similar properties has risen 13.0%
According to the Land Registry and our network of Estate Agents, there have been 3 property sales within a 5.8 kilometres radius of 2 Drefach Cottages over the last 2 years.
The most recent example is Old Garden Centre, Aberaeron, SA46 0JR, a freehold house which sold for £400,000 on the 15th July 2022.
Read more about house prices in SA46.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Aberaeron, SA46 has a total of 73 addresses. According to our analysis of all the public data, 2 Drefach Cottages is the 72nd largest and the 72nd most expensive property on the street.
When compared to the postcode district it is £117k less expensive than the average property in SA46.
The closest station to 2 Drefach Cottages is Aberystwyth station which is 21.8 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.
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The recent census recorded whether a resident owned or rented their home.
In the area around 2 Drefach Cottages, 46.6% of property is privately owned outright and 27.1% is privately owned with a mortgage.
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 Drefach Cottages, 12.2% of residents are recorded as possessing school level qualifications and 42.9% 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 Drefach Cottages, the average age was 48.3 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 Drefach Cottages, 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 Drefach Cottages, there are an average of 1.4 cars per household.
See below for how this compares to Wales and the rest of England & Wales.