4, Corndon Drive
4, Corndon Drive
Description & Estimates
4, Corndon Drive, Montgomery is recorded publicly as a modern freehold house across 957 ft2 of internal area, sitting on a 559 m2 plot.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 4, Corndon Drive, Montgomery is £281,670 and its rental estimate is £920 per month, given the available information and assuming reasonable condition.
Corndon Drive, Montgomery, SY15 falls within the SY15 postal district.
Our Data Sources
4, Corndon Drive, Montgomery has 21 entries in the Land Registry , most recently in December 2018 and a single entry in the EPC database dated August 2018.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 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 4, Corndon Drive, Montgomery, we estimate a market value of £295,754 and a rental value of £966 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £261,954 and £855 per month respectively.
Recent Market Change
Over the last year, 4, Corndon Drive, Montgomery has seen its estimated sale value move up by £1,337 (0.5%) and its estimated rental value increase by £44 per month (4.8%). This results in an estimated gross rental yield of 3.9%.
Plot Size
HM Land Registry records the plot of land for 4, Corndon Drive, Montgomery as measuring 559 m2.
That makes it the 6th largest plot in the postcode, where all 13 other houses have recorded plot data.
Energy Efficiency
4, Corndon Drive, Montgomery has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 31 Aug 2018.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, oil.
Sold Prices
The most recent sale of 4, Corndon Drive, Montgomery completed on 19th December 2018 at £235,000 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 41.6% over the period since December 2018.
- Sold Dec 2018£235,000
- Sold Dec 1997£79,750
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 4, Corndon Drive, Montgomery have sold within a radius of 5.4 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 18th September 2024, was 2, Mortimer Road, Montgomery, SY15 6UP, a freehold house which sold for £290,000.
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 13 addresses on Corndon Drive, Montgomery, SY15, 4, Corndon Drive, Montgomery comes out as the 11th largest and the 10th most expensive in our analysis of the public data.
It is also £997 less expensive than the average property across the SY15 district.
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Schools Nearby
- 4.0kmChirbury CofE VC Primary School & Busy Bees Nursery
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Public Transport Nearby
From 4, Corndon Drive, Montgomery, the nearest station is Welshpool, 10.7 kilometres away.
- 10.7kmWelshpool
- 12.7kmNewtown (Powys)
- 20.3kmCaersws
Available Internet Speeds
Internet coverage here is poor, based on recent Ofcom data, and connectivity may be weak or unavailable.
According to recent data from Ofcom, Slow/none broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
