2 Victoria Buildings, Machynlleth
2 Victoria Buildings, Machynlleth
Description & Estimates
2 Victoria Buildings, Machynlleth is described in the public record as a period house with 1,011 ft2 of internal area.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 2 Victoria Buildings, Machynlleth is £178,459 and its rental estimate is £908 per month, given the available information and assuming reasonable condition.
Upper Corris, Machynlleth, SY20 falls within the SY20 postal district.
Our Data Sources
2 Victoria Buildings, Machynlleth has no records in the the Land Registry and a single entry in the EPC database dated May 2022.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 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 Victoria Buildings, Machynlleth, we estimate a market value of £187,382 and a rental value of £954 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £165,967 and £845 per month respectively.
Recent Market Change
Over the last year, 2 Victoria Buildings, Machynlleth has seen its estimated sale value increase by £355 (0.2%) and its estimated rental value grow by £40 per month (4.4%). This results in an estimated gross rental yield of 6.1%.
Energy Efficiency
2 Victoria Buildings, Machynlleth has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 12 May 2022.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, oil.
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 2 Victoria Buildings, Machynlleth have sold within a radius of 8.2 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 11th January 2024, was 1 Neptune House, Machynlleth, SY20 9BQ, a freehold house which sold for £156,000.
Read more about house prices in SY20.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 38 addresses on Upper Corris, Machynlleth, SY20, 2 Victoria Buildings, Machynlleth comes out as the 24th largest and the 29th most expensive in our analysis of the public data.
It is also £95k less expensive than the average property across the SY20 district.
More reading links
Schools Nearby
Public Transport Nearby
From 2 Victoria Buildings, Machynlleth, the nearest station is Machynlleth, 7.5 kilometres away.
- 7.5kmMachynlleth
- 11.7kmDovey Junction
- 12.7kmMorfa Mawddach
Available Internet Speeds
Internet coverage here is poor, based on recent Ofcom data, and connectivity may be weak or unavailable.
According to recent data from Ofcom, Slow/none broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
