1B, Furnace Terrace
1B, Furnace Terrace
Description & Estimates
1B, Furnace Terrace, Neath is recorded publicly as a period leasehold apartment across 452 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of 1B, Furnace Terrace, Neath is £160,200 and its rental estimate is £784 per month, given the available information and assuming reasonable condition.
1, Furnace Terrace is a residential building on Furnace Terrace, Neath, SA11 and falls within the SA11 postal district.
Our Data Sources
1B, Furnace Terrace, Neath has a single entry in the Land Registry from October 2009 and a single entry in the EPC database dated February 2020.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low 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 1B, Furnace Terrace, Neath, we estimate a market value of £168,210 and a rental value of £823 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £148,986 and £729 per month respectively.
Recent Market Change
Over the last year, 1B, Furnace Terrace, Neath has seen its estimated sale value climb by £2,713 (1.7%) and its estimated rental value rise by £30 per month (3.9%). This results in an estimated gross rental yield of 5.9%.
Energy Efficiency
1B, Furnace Terrace, Neath has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 01 Feb 2020.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 1B, Furnace Terrace, Neath completed on 9th October 2009 at £45,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 this is the property's only sale.
Values of comparable properties have risen by 49.9% over the period since October 2009.
- Sold Oct 2009£45,000
Similar Properties Sold Nearby
Over the past 2 years 2 properties similar to 1B, Furnace Terrace, Neath have sold within a radius of 690 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 29th May 2020, was 1A, Furnace Terrace, Neath, SA11 2EE, a leasehold flat which sold for £123,000.
Read more about house prices in SA11.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 34 addresses on Furnace Terrace, Neath, SA11, 1B, Furnace Terrace, Neath comes out as the 33rd largest and the 2nd most expensive in our analysis of the public data.
It is also £3k less expensive than the average property across the SA11 district.
More reading links
Schools Nearby
Public Transport Nearby
From 1B, Furnace Terrace, Neath, the nearest station is Briton Ferry, 1.4 kilometres away.
- 1.4kmBriton Ferry
- 1.5kmNeath
- 2.4kmSkewen
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.
