7, Redwood Close
7, Redwood Close
Description & Estimates
Public records show 7, Redwood Close, Welshpool to be a modern freehold house with 2,594 ft2 of internal area, sitting on a 639 m2 plot.
In this area, houses of this size normally have 5 bedrooms with a garden.
7, Redwood Close, Welshpool has an estimated sale value of £560,964 and an estimated rental value of £1,489 per month, assuming reasonable condition and based on the information available.
Redwood Close, Leighton, Welshpool, SY21 lies within the SY21 postal district.
Our Data Sources
7, Redwood Close, Welshpool has 2 entries in the Land Registry , most recently in November 2023 and a single entry in the EPC database dated October 2022.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium accuracy.
Price Range & Condition
In very good condition, we estimate 7, Redwood Close, Welshpool would be worth £589,012, with a potential rental value of £1,563 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £521,697, with a rental value of £1,385 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 7, Redwood Close, Welshpool has dropped by £15,047 (2.7%) over the last year. During the same period, its estimated monthly rental value has risen by £26 (1.8%). The property's estimated gross yield is currently 3.2%.
Plot Size
7, Redwood Close, Welshpool occupies a 639 m2 plot as recorded by HM Land Registry.
All 10 other houses in this postcode have recorded plot sizes, and this one ranks as the 7th largest.
Energy Efficiency
7, Redwood Close, Welshpool has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 31 Oct 2022.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
7, Redwood Close, Welshpool last changed hands on 14th November 2023, selling for £490,000. The transaction was logged as a freehold house by HM Land Registry.
In total it has sold twice since 1995.
The market for similar properties has dropped by 2.4% since November 2023.
- Sold Nov 2023£490,000
- Sold Aug 2008£405,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 2.7 kilometres of 7, Redwood Close, Welshpool across the last 2 years.
Most recently, 8, Redwood Close, Welshpool, SY21 8JH, a freehold house, sold at £450,000 on the 11th July 2016.
Read more about house prices in SY21.
- Sold Jul 2016£450,000 | 5 Bed House8, Redwood Close, Welshpool, SY21 8JH8, Redwood Close, Welshpool, SY21 8JH
- Sold May 2015£400,000 | 5 Bed House1, Redwood Close, Welshpool, SY21 8JH1, Redwood Close, Welshpool, SY21 8JH
- Sold Dec 2007£440,000 | 5 Bed House3, Redwood Close, Welshpool, SY21 8JH3, Redwood Close, Welshpool, SY21 8JH
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Our analysis of the public data ranks 7, Redwood Close, Welshpool as the 6th largest and the 6th most expensive of the 10 addresses on Redwood Close, Leighton, Welshpool, SY21.
Against the SY21 postcode district average, it is £278k more expensive than the typical property.
More reading links
Schools Nearby
Public Transport Nearby
Welshpool station is the nearest stop to 7, Redwood Close, Welshpool at 1.9 kilometres away.
- 1.9kmWelshpool
- 19.8kmNewtown (Powys)
- 24.4kmChurch Stretton
Available Internet Speeds
Ofcom's latest figures show poor internet coverage in this area, which may mean weak or no connectivity.
According to recent data from Ofcom, Slow/none broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
