3, Castle Terrace
3, Castle Terrace
Description & Estimates
3, Castle Terrace, Montgomery appears in the public record as a freehold house.
By comparing it to nearby properties, we estimate it to be a period house with 1,678 ft2 of internal area and a garden.
Locally, houses of this size normally have 4 bedrooms.
Our estimate of the sale value of 3, Castle Terrace, Montgomery is £272,976 and its rental estimate is £1,074 per month, given the available information and assuming reasonable condition.
Castle Terrace, Montgomery, SY15 falls within the SY15 postal district.
Our Data Sources
3, Castle Terrace, Montgomery has a single entry in the Land Registry from August 2015 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the 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 3, Castle Terrace, Montgomery, we estimate a market value of £286,625 and a rental value of £1,128 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £253,868 and £999 per month respectively.
Recent Market Change
Over the last year, 3, Castle Terrace, Montgomery has seen its estimated sale value decline by £4,053 (1.5%) and its estimated rental value climb by £25 per month (2.3%). This results in an estimated gross rental yield of 4.7%.
Sold Prices
The most recent sale of 3, Castle Terrace, Montgomery completed on 28th August 2015 at £230,100 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 43.0% over the period since August 2015.
- Sold Aug 2015£230,100
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 3, Castle Terrace, Montgomery have sold within a radius of 5.7 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 1st December 2017, was 1, Castle Terrace, Montgomery, SY15 6PB, a freehold house which sold for £224,000.
Read more about house prices in SY15.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 3 addresses on Castle Terrace, Montgomery, SY15, 3, Castle Terrace, Montgomery comes out as the largest and the most expensive in our analysis of the public data.
It is also £10k less expensive than the average property across the SY15 district.
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Schools Nearby
- 4.6kmChirbury CofE VC Primary School & Busy Bees Nursery
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Public Transport Nearby
From 3, Castle Terrace, Montgomery, the nearest station is Welshpool, 10.8 kilometres away.
- 10.8kmWelshpool
- 12.1kmNewtown (Powys)
- 19.7kmCaersws
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
