38, Parc Morlais
38, Parc Morlais
Description & Estimates
Public records show 38, Parc Morlais, Llanelli to be a modern freehold house with 1,259 ft2 of internal area, sitting on a 239 m2 plot.
In this area, houses of this size normally have 4 bedrooms with a garden.
38, Parc Morlais, Llanelli has an estimated sale value of £244,879 and an estimated rental value of £1,092 per month, assuming reasonable condition and based on the information available.
Parc Morlais, Llangennech, Llanelli, SA14 lies within the SA14 postal district.
Our Data Sources
38, Parc Morlais, Llanelli has 41 entries in the Land Registry , most recently in December 2015 and a single entry in the EPC database dated September 2015.
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
In very good condition, we estimate 38, Parc Morlais, Llanelli would be worth £257,123, with a potential rental value of £1,147 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £227,737, with a rental value of £1,016 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 38, Parc Morlais, Llanelli has climbed by £4,179 (1.7%) over the last year. During the same period, its estimated monthly rental value has risen by £41 (3.7%). The property's estimated gross yield is currently 5.4%.
Plot Size
38, Parc Morlais, Llanelli occupies a 239 m2 plot as recorded by HM Land Registry.
Of the 82 other houses in this postcode, 80 have recorded plot sizes, and this one ranks as the 20th largest.
Energy Efficiency
38, Parc Morlais, Llanelli has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 08 Sep 2015.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
38, Parc Morlais, Llanelli last changed hands on 8th December 2015, selling for £128,000. The transaction was logged as a freehold house by HM Land Registry.
In total it has sold 4 times since 1995.
The market for similar properties has risen by 35.1% since December 2015.
- Sold Dec 2015£128,000
- Sold May 2003£65,500
- Sold Feb 2000£44,550
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 1.8 kilometres of 38, Parc Morlais, Llanelli across the last 2 years.
Most recently, 44, Maes Ty Gwyn, Llanelli, SA14 8XW, a freehold house, sold at £232,000 on the 24th August 2018.
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
Our analysis of the public data ranks 38, Parc Morlais, Llanelli as the 3rd largest and the 3rd most expensive of the 82 addresses on Parc Morlais, Llangennech, Llanelli, SA14.
Against the SA14 postcode district average, it is £54k more expensive than the typical property.
More reading links
Schools Nearby
Public Transport Nearby
Llangennech station is the nearest stop to 38, Parc Morlais, Llanelli at 1.0 kilometres away.
- 1.0kmLlangennech
- 3.0kmPontarddulais
- 3.4kmBynea
Available Internet Speeds
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
