2, Groes Close
2, Groes Close
Description & Estimates
2, Groes Close, Welshpool is recorded publicly as a modern freehold house across 2,400 ft2 of internal area, sitting on a 549 m2 plot.
Locally, houses of this size normally have 5 bedrooms with a garden.
Our estimate of the sale value of 2, Groes Close, Welshpool is £584,318 and its rental estimate is £1,551 per month, given the available information and assuming reasonable condition.
Groes Close, Groesllwyd, Guilsfield, Welshpool, SY21 falls within the SY21 postal district.
Our Data Sources
2, Groes Close, Welshpool has a single entry in the Land Registry from August 2009 and a single entry in the EPC database dated May 2019.
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.
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, Groes Close, Welshpool, we estimate a market value of £613,533 and a rental value of £1,628 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £543,415 and £1,442 per month respectively.
Recent Market Change
Over the last year, 2, Groes Close, Welshpool has seen its estimated sale value decline by £15,673 (2.7%) and its estimated rental value climb by £27 per month (1.8%). This results in an estimated gross rental yield of 3.2%.
Plot Size
HM Land Registry records the plot of land for 2, Groes Close, Welshpool as measuring 549 m2.
That makes it the 4th largest plot in the postcode, where all 6 other houses have recorded plot data.
Energy Efficiency
2, Groes Close, Welshpool has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 14 May 2019.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, oil.
Sold Prices
The most recent sale of 2, Groes Close, Welshpool completed on 26th August 2009 at £310,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have risen by 56.5% over the period since August 2009.
- Sold Aug 2009£310,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 2, Groes Close, Welshpool have sold within a radius of 3.7 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 23rd October 2024, was Vine House, Welshpool, SY21 9NH, a freehold house which sold for £585,000.
Read more about house prices in SY21.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 6 addresses on Groes Close, Groesllwyd, Guilsfield, Welshpool, SY21, 2, Groes Close, Welshpool comes out as the largest and the most expensive in our analysis of the public data.
It is also £302k more expensive than the average property across the SY21 district.
More reading links
Schools Nearby
Public Transport Nearby
From 2, Groes Close, Welshpool, the nearest station is Welshpool, 4.5 kilometres away.
- 4.5kmWelshpool
- 22.3kmNewtown (Powys)
- 24.0kmGobowen
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
