24, Heol Morlais
24, Heol Morlais
Description & Estimates
24, Heol Morlais, Llanelli is recorded publicly as an early-century freehold house across 2,787 ft2 of internal area, sitting on a 2,609 m2 plot.
Locally, houses of this size normally have 5 bedrooms with a garden.
Our estimate of the sale value of 24, Heol Morlais, Llanelli is £455,225 and its rental estimate is £1,546 per month, given the available information and assuming reasonable condition.
Heol Morlais, Llannon, Llanelli, SA14 falls within the SA14 postal district.
Our Data Sources
24, Heol Morlais, Llanelli has 21 entries in the Land Registry , most recently in January 2018 and a single entry in the EPC database dated May 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
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 24, Heol Morlais, Llanelli, we estimate a market value of £477,987 and a rental value of £1,623 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £423,360 and £1,437 per month respectively.
Recent Market Change
Over the last year, 24, Heol Morlais, Llanelli has seen its estimated sale value increase by £4,964 (1.1%) and its estimated rental value grow by £49 per month (3.2%). This results in an estimated gross rental yield of 4.1%.
Plot Size
HM Land Registry records the plot of land for 24, Heol Morlais, Llanelli as measuring 2,609 m2.
That makes it the largest plot in the postcode, where 13 of the 15 other houses have recorded plot data.
Energy Efficiency
24, Heol Morlais, Llanelli has an Energy Performance Rating (EPC) of F. This is based on the most recent assessment, dated 25 May 2016.
The property is not connected to mains gas and has some double glazing. It is heated using Boiler and radiators, oil.
Sold Prices
The most recent sale of 24, Heol Morlais, Llanelli completed on 15th January 2018 at £300,001 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 47.1% over the period since January 2018.
- Sold Jan 2018£300,001
- Sold May 1997£110,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 24, Heol Morlais, Llanelli have sold within a radius of 4.2 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 17th May 2024, was 4, Brodawel, Llanelli, SA14 6BJ, a freehold house which sold for £330,000.
Read more about house prices in SA14.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 18 addresses on Heol Morlais, Llannon, Llanelli, SA14, 24, Heol Morlais, Llanelli comes out as the 4th largest and the 2nd most expensive in our analysis of the public data.
It is also £264k more expensive than the average property across the SA14 district.
More reading links
Schools Nearby
Public Transport Nearby
From 24, Heol Morlais, Llanelli, the nearest station is Pontarddulais, 6.4 kilometres away.
- 6.4kmPontarddulais
- 7.4kmLlangennech
- 8.7kmPantyffynnon
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
