3, Merchants Hill
3, Merchants Hill
Description & Estimates
3, Merchants Hill, Pontypool is recorded publicly as a period freehold house across 622 ft2 of internal area, sitting on a 48.6 m2 plot.
Locally, houses of this size normally have 2 bedrooms with a garden.
Our estimate of the sale value of 3, Merchants Hill, Pontypool is £88,437 and its rental estimate is £625 per month, given the available information and assuming reasonable condition.
Merchants Hill, Wainfelin, Pontypool, NP4 falls within the NP4 postal district.
Our Data Sources
3, Merchants Hill, Pontypool has a single entry in the Land Registry from March 2017 and a single entry in the EPC database dated March 2011.
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 3, Merchants Hill, Pontypool, we estimate a market value of £92,859 and a rental value of £657 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £82,246 and £582 per month respectively.
Recent Market Change
Over the last year, 3, Merchants Hill, Pontypool has seen its estimated sale value rise by £2,081 (2.4%) and its estimated rental value move up by £25 per month (4.0%). This results in an estimated gross rental yield of 8.5%.
Plot Size
HM Land Registry records the plot of land for 3, Merchants Hill, Pontypool as measuring 49 m2.
That makes it the 4th largest plot in the postcode, where 4 of the 7 other houses have recorded plot data.
Energy Efficiency
3, Merchants Hill, Pontypool has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 31 Mar 2011.
The property is connected to mains gas and has mostly double glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 3, Merchants Hill, Pontypool completed on 24th March 2017 at £51,000 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 78.0% over the period since March 2017.
- Sold Mar 2017£51,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 3, Merchants Hill, Pontypool have sold within a radius of 690 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 10th February 2020, was 1, Hollybush Terrace, Pontypool, NP4 6PE, a freehold house which sold for £63,000.
Read more about house prices in NP4.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 7 addresses on Merchants Hill, Wainfelin, Pontypool, NP4, 3, Merchants Hill, Pontypool comes out as the 7th largest and the 7th most expensive in our analysis of the public data.
It is also £116k less expensive than the average property across the NP4 district.
More reading links
Schools Nearby
Public Transport Nearby
From 3, Merchants Hill, Pontypool, the nearest station is Pontypool & New Inn, 3.1 kilometres away.
- 3.1kmPontypool & New Inn
- 5.9kmLlanhilleth
- 6.2kmCwmbran
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.
