6, Bridge Street
6, Bridge Street
Description & Estimates
6, Bridge Street, Machynlleth appears in the public record as a freehold house sitting on a 124 m2 plot.
By comparing it to nearby properties, we estimate it to be a period house with 1,160 ft2 of internal area and a garden.
Locally, houses of this size normally have 3 bedrooms.
Our estimate of the sale value of 6, Bridge Street, Machynlleth is £171,901 and its rental estimate is £845 per month, given the available information and assuming reasonable condition.
Bridge Street, Corris, Machynlleth, SY20 falls within the SY20 postal district.
Our Data Sources
6, Bridge Street, Machynlleth has a single entry in the Land Registry from March 2007 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 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 6, Bridge Street, Machynlleth, we estimate a market value of £180,496 and a rental value of £887 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £159,867 and £785 per month respectively.
Recent Market Change
Over the last year, 6, Bridge Street, Machynlleth has seen its estimated sale value rise by £342 (0.2%) and its estimated rental value move up by £37 per month (4.4%). This results in an estimated gross rental yield of 5.9%.
Plot Size
HM Land Registry records the plot of land for 6, Bridge Street, Machynlleth as measuring 124 m2.
That makes it the largest plot in the postcode, where 4 of the 5 other houses have recorded plot data.
Sold Prices
The most recent sale of 6, Bridge Street, Machynlleth completed on 8th March 2007 at £101,000 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 77.7% over the period since March 2007.
- Sold Mar 2007£101,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 6, Bridge Street, Machynlleth have sold within a radius of 7.5 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 24th April 2023, was 2 Abercorris Cottages, Machynlleth, SY20 9RJ, a freehold house which sold for £125,000.
Read more about house prices in SY20.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 5 addresses on Bridge Street, Corris, Machynlleth, SY20, 6, Bridge Street, Machynlleth comes out as the largest and the most expensive in our analysis of the public data.
It is also £102k less expensive than the average property across the SY20 district.
More reading links
Schools Nearby
Public Transport Nearby
From 6, Bridge Street, Machynlleth, the nearest station is Machynlleth, 6.6 kilometres away.
- 6.6kmMachynlleth
- 11.4kmDovey Junction
- 14.1kmMorfa Mawddach
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
