2, Penrhiw
2, Penrhiw
Description & Estimates
Public records show 2, Penrhiw, Machynlleth to be a period freehold house with 527 ft2 of internal area, sitting on a 196 m2 plot.
In this area, houses of this size normally have 2 bedrooms with a garden.
2, Penrhiw, Machynlleth has an estimated sale value of £179,746 and an estimated rental value of £779 per month, assuming reasonable condition and based on the information available.
Corris, Machynlleth, SY20 lies within the SY20 postal district.
Our Data Sources
2, Penrhiw, Machynlleth has 21 entries in the Land Registry , most recently in May 2017 and a single entry in the EPC database dated November 2016.
We combine this information with that 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.
Price Range & Condition
In very good condition, we estimate 2, Penrhiw, Machynlleth would be worth £188,733, with a potential rental value of £818 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £167,164, with a rental value of £725 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 2, Penrhiw, Machynlleth has risen by £2,969 (1.7%) over the last year. During the same period, its estimated monthly rental value has moved up by £45 (5.8%). The property's estimated gross yield is currently 5.2%.
Plot Size
2, Penrhiw, Machynlleth occupies a 196 m2 plot as recorded by HM Land Registry.
Of the 5 other houses in this postcode, 4 have recorded plot sizes, and this one ranks as the 4th largest.
Energy Efficiency
2, Penrhiw, Machynlleth has an Energy Performance Rating (EPC) of F. This is based on the most recent assessment, dated 03 Nov 2016.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
Sold Prices
2, Penrhiw, Machynlleth last changed hands on 8th May 2017, selling for £95,000. The transaction was logged as a freehold house by HM Land Registry.
In total it has sold twice since 1995.
The market for similar properties has risen by 74.2% since May 2017.
- Sold May 2017£95,000
- Sold Aug 2004£71,750
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 7.6 kilometres of 2, Penrhiw, Machynlleth across the last 2 years.
Most recently, 1, Park Terrace, Machynlleth, SY20 9TD, a freehold house, sold at £132,000 on the 8th March 2021.
Read more about house prices in SY20.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Our analysis of the public data ranks 2, Penrhiw, Machynlleth as the 100th largest and the 67th most expensive of the 103 addresses on Corris, Machynlleth, SY20.
Against the SY20 postcode district average, it is £94k less expensive than the typical property.
More reading links
Schools Nearby
Public Transport Nearby
Machynlleth station is the nearest stop to 2, Penrhiw, Machynlleth at 6.8 kilometres away.
- 6.8kmMachynlleth
- 11.4kmDovey Junction
- 13.7kmMorfa Mawddach
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
