24, Penarron Drive
24, Penarron Drive
Description & Estimates
24, Penarron Drive, Newtown is recorded publicly as a modern freehold house across 1,194 ft2 of internal area.
Locally, houses of this size normally have 4 bedrooms with a garden.
Our estimate of the sale value of 24, Penarron Drive, Newtown is £271,266 and its rental estimate is £1,020 per month, given the available information and assuming reasonable condition.
Penarron Drive, Kerry, Newtown, SY16 falls within the SY16 postal district.
Our Data Sources
24, Penarron Drive, Newtown has a single entry in the Land Registry from March 2020 and a single entry in the EPC database dated October 2023.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 out of 5 and is considered of high 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, Penarron Drive, Newtown, we estimate a market value of £284,830 and a rental value of £1,070 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £252,278 and £948 per month respectively.
Recent Market Change
Over the last year, 24, Penarron Drive, Newtown has seen its estimated sale value move down by £3,553 (1.3%) and its estimated rental value increase by £28 per month (2.7%). This results in an estimated gross rental yield of 4.5%.
Energy Efficiency
24, Penarron Drive, Newtown has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 11 Oct 2023.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Air source heat pump, radiators, electric.
Sold Prices
The most recent sale of 24, Penarron Drive, Newtown completed on 27th March 2020 at £195,000 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 26.7% over the period since March 2020.
- Sold Mar 2020£195,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 24, Penarron Drive, Newtown have sold within a radius of 3.7 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 12th August 2022, was 9, Gilfach Close, Newtown, SY16 4FB, a freehold house which sold for £259,000.
Read more about house prices in SY16.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 34 addresses on Penarron Drive, Kerry, Newtown, SY16, 24, Penarron Drive, Newtown comes out as the 4th largest and the 3rd most expensive in our analysis of the public data.
It is also £54k more expensive than the average property across the SY16 district.
More reading links
Schools Nearby
Public Transport Nearby
From 24, Penarron Drive, Newtown, the nearest station is Newtown (Powys), 3.6 kilometres away.
- 3.6kmNewtown (Powys)
- 11.6kmCaersws
- 18.1kmLlangynllo
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.
