61, Parc Morlais
61, Parc Morlais
Description & Estimates
61, Parc Morlais, Llanelli appears in the public record as a freehold house sitting on a 149 m2 plot.
By comparing it to nearby properties, we estimate it to be a modern house with 903 ft2 of internal area and a garden.
Locally, houses of this size normally have 3 bedrooms.
Our estimate of the sale value of 61, Parc Morlais, Llanelli is £203,844 and its rental estimate is £990 per month, given the available information and assuming reasonable condition.
Parc Morlais, Llangennech, Llanelli, SA14 falls within the SA14 postal district.
Our Data Sources
61, Parc Morlais, Llanelli has 21 entries in the Land Registry , most recently in May 2008 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 5 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 61, Parc Morlais, Llanelli, we estimate a market value of £214,036 and a rental value of £1,040 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £189,575 and £921 per month respectively.
Recent Market Change
Over the last year, 61, Parc Morlais, Llanelli has seen its estimated sale value move up by £4,661 (2.3%) and its estimated rental value increase by £45 per month (4.5%). This results in an estimated gross rental yield of 5.8%.
Plot Size
HM Land Registry records the plot of land for 61, Parc Morlais, Llanelli as measuring 149 m2.
That makes it the 77th largest plot in the postcode, where 80 of the 82 other houses have recorded plot data.
Sold Prices
The most recent sale of 61, Parc Morlais, Llanelli completed on 13th May 2008 at £114,000 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 37.8% over the period since May 2008.
- Sold May 2008£114,000
- Sold Feb 2004£67,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 61, Parc Morlais, Llanelli have sold within a radius of 1.8 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 11th November 2024, was 35, Parc Morlais, Llanelli, SA14 8XZ, a freehold house which sold for £190,000.
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
Of the 82 addresses on Parc Morlais, Llangennech, Llanelli, SA14, 61, Parc Morlais, Llanelli comes out as the 9th largest and the 9th most expensive in our analysis of the public data.
It is also £13k more expensive than the average property across the SA14 district.
More reading links
Schools Nearby
Public Transport Nearby
From 61, Parc Morlais, Llanelli, the nearest station is Llangennech, 1.0 kilometres away.
- 1.0kmLlangennech
- 3.0kmPontarddulais
- 3.4kmBynea
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.
