4, Groes Close
4, Groes Close
Description & Estimates
4, Groes Close, Welshpool is recorded publicly as a modern freehold house across 1,851 ft2 of internal area, sitting on a 661 m2 plot.
Locally, houses of this size normally have 4 bedrooms with a garden.
Our estimate of the sale value of 4, Groes Close, Welshpool is £497,915 and its rental estimate is £1,287 per month, given the available information and assuming reasonable condition.
Groes Close, Groesllwyd, Guilsfield, Welshpool, SY21 falls within the SY21 postal district.
Our Data Sources
4, Groes Close, Welshpool has 2 entries in the Land Registry , most recently in January 2020 and a single entry in the EPC database dated September 2019.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium 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, Groes Close, Welshpool, we estimate a market value of £522,811 and a rental value of £1,351 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £463,061 and £1,197 per month respectively.
Recent Market Change
Over the last year, 4, Groes Close, Welshpool has seen its estimated sale value decline by £7,393 (1.5%) and its estimated rental value climb by £30 per month (2.3%). This results in an estimated gross rental yield of 3.1%.
Plot Size
HM Land Registry records the plot of land for 4, Groes Close, Welshpool as measuring 661 m2.
That makes it the 3rd largest plot in the postcode, where all 6 other houses have recorded plot data.
Energy Efficiency
4, Groes Close, Welshpool has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 24 Sep 2019.
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, Groes Close, Welshpool completed on 7th January 2020 at £417,500 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 40.7% over the period since January 2020.
- Sold Jan 2020£417,500
- Sold Oct 2008£320,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 4, Groes Close, Welshpool have sold within a radius of 3.7 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 3rd December 2024, was 3 Trawscoed View, Groesllwyd, Welshpool, SY21 9NU, a freehold house which sold for £485,000.
Read more about house prices in SY21.
- Sold Dec 2024£485,000 | 4 Bed House3 Trawscoed View, Groesllwyd, Welshpool, SY21 9NU3 Trawscoed View, Groesllwyd, Welshpool, SY21 9NU
- Sold Jan 2017£340,000 | 4 Bed House3, Groes Close, Welshpool, SY21 9FB3, Groes Close, Welshpool, SY21 9FB
- Sold May 2008£325,000 | 4 Bed House6, Belan Fields, Welshpool, SY21 9NW6, Belan Fields, Welshpool, SY21 9NW
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 6 addresses on Groes Close, Groesllwyd, Guilsfield, Welshpool, SY21, 4, Groes Close, Welshpool comes out as the 4th largest and the 4th most expensive in our analysis of the public data.
It is also £215k more expensive than the average property across the SY21 district.
More reading links
Schools Nearby
Public Transport Nearby
From 4, Groes Close, Welshpool, the nearest station is Welshpool, 4.5 kilometres away.
- 4.5kmWelshpool
- 22.3kmNewtown (Powys)
- 24.0kmGobowen
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
