9, Bridge Street
9, Bridge Street
Description & Estimates
Public records show 9, Bridge Street, Machynlleth to be a period freehold house with 505 ft2 of internal area, sitting on a 60 m2 plot.
In this area, houses of this size normally have 2 bedrooms with a garden.
9, Bridge Street, Machynlleth has an estimated sale value of £111,306 and an estimated rental value of £606 per month, assuming reasonable condition and based on the information available.
Bridge Street, Corris, Machynlleth, SY20 lies within the SY20 postal district.
Our Data Sources
9, Bridge Street, Machynlleth has a single entry in the Land Registry from March 2016 and a single entry in the EPC database dated September 2012.
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
In very good condition, we estimate 9, Bridge Street, Machynlleth would be worth £116,872, with a potential rental value of £637 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £103,515, with a rental value of £564 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 9, Bridge Street, Machynlleth has grown by £1,838 (1.7%) over the last year. During the same period, its estimated monthly rental value has climbed by £35 (5.8%). The property's estimated gross yield is currently 6.5%.
Plot Size
9, Bridge Street, Machynlleth occupies a 60 m2 plot as recorded by HM Land Registry.
Of the 5 other houses in this postcode, 4 have recorded plot sizes, and this one ranks as the 2nd largest.
Energy Efficiency
9, Bridge Street, Machynlleth has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 19 Sep 2012.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric, Room heaters, dual fuel (mineral and wood).
Sold Prices
9, Bridge Street, Machynlleth last changed hands on 24th March 2016, selling for £62,000. The transaction was logged as a freehold house by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has risen by 74.0% since March 2016.
- Sold Mar 2016£62,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 7.5 kilometres of 9, Bridge Street, Machynlleth across the last 2 years.
Most recently, 2, Glanynant, Machynlleth, SY20 9BW, a freehold house, sold at £71,000 on the 11th June 2018.
Read more about house prices in SY20.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Our analysis of the public data ranks 9, Bridge Street, Machynlleth as the 5th largest and the 5th most expensive of the 5 addresses on Bridge Street, Corris, Machynlleth, SY20.
Against the SY20 postcode district average, it is £163k less expensive than the typical property.
More reading links
Schools Nearby
Public Transport Nearby
Machynlleth station is the nearest stop to 9, Bridge Street, Machynlleth at 6.6 kilometres away.
- 6.6kmMachynlleth
- 11.4kmDovey Junction
- 14.1kmMorfa Mawddach
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
