2, Park Road
2, Park Road
Description & Estimates
2, Park Road, Presteigne is recorded publicly as an early-century freehold house across 1,151 ft2 of internal area, sitting on a 790 m2 plot.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 2, Park Road, Presteigne is £307,415 and its rental estimate is £1,075 per month, given the available information and assuming reasonable condition.
Park Road, New Radnor, Presteigne, LD8 falls within the LD8 postal district.
Our Data Sources
2, Park Road, Presteigne has 2 entries in the Land Registry , most recently in December 2020 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.
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, Park Road, Presteigne, we estimate a market value of £322,786 and a rental value of £1,129 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £285,896 and £1,000 per month respectively.
Recent Market Change
Over the last year, 2, Park Road, Presteigne has seen its estimated sale value decrease by £2,040 (0.7%) and its estimated rental value grow by £36 per month (3.3%). This results in an estimated gross rental yield of 4.2%.
Plot Size
HM Land Registry records the plot of land for 2, Park Road, Presteigne as measuring 790 m2.
That makes it the 2nd largest plot in the postcode, where all 3 other houses have recorded plot data.
Energy Efficiency
2, Park Road, Presteigne has an Energy Performance Rating (EPC) of F. This is based on the most recent assessment, dated 15 May 2017.
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, Park Road, Presteigne completed on 10th December 2020 at £325,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold twice.
Values of comparable properties have risen by 26.3% over the period since December 2020.
- Sold Dec 2020£325,000
- Sold Nov 2010£200,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 2, Park Road, Presteigne have sold within a radius of 9.4 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 28th November 2022, was Pendre Cottage, Clawdd Lane, Presteigne, LD8 2TA, a freehold house which sold for £260,000.
Read more about house prices in LD8.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 5 addresses on Park Road, New Radnor, Presteigne, LD8, 2, Park Road, Presteigne comes out as the 2nd largest and the 2nd most expensive in our analysis of the public data.
It is also £191 more expensive than the average property across the LD8 district.
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Schools Nearby
- 9.3kmKington Primary School
- 8.9kmLady Hawkins' School
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Public Transport Nearby
From 2, Park Road, Presteigne, the nearest station is Dolau, 9.6 kilometres away.
- 9.6kmDolau
- 11.4kmLlanbister Road
- 12.1kmPen-y-Bont (Mid Wales)
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
