Canadel, Machynlleth
Canadel, Machynlleth
Description & Estimates
Public records show Canadel, Machynlleth to be a modern freehold house with 2,917 ft2 of internal area, sitting on a 921 m2 plot.
In this area, houses of this size normally have 5 bedrooms with a garden.
Canadel, Machynlleth has an estimated sale value of £481,016 and an estimated rental value of £1,651 per month, assuming reasonable condition and based on the information available.
Tre'R Ddol, Machynlleth, SY20 lies within the SY20 postal district.
Our Data Sources
Canadel, Machynlleth has 21 entries in the Land Registry , most recently in August 2015 and a single entry in the EPC database dated December 2015.
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 Canadel, Machynlleth would be worth £505,067, with a potential rental value of £1,733 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £447,345, with a rental value of £1,535 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 Canadel, Machynlleth has fallen by £11,835 (2.5%) over the last year. During the same period, its estimated monthly rental value has moved up by £32 (2.0%). The property's estimated gross yield is currently 4.1%.
Plot Size
Canadel, Machynlleth occupies a 921 m2 plot as recorded by HM Land Registry.
Of the 37 other houses in this postcode, 29 have recorded plot sizes, and this one ranks as the 8th largest.
Energy Efficiency
Canadel, Machynlleth has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 03 Dec 2015.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
Canadel, Machynlleth last changed hands on 24th August 2015, selling for £365,000. 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 risen by 64.9% since August 2015.
- Sold Aug 2015£365,000
- Sold Feb 2004£240,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 6.0 kilometres of Canadel, Machynlleth across the last 2 years.
Most recently, Pencae Villa, Machynlleth, SY20 8JR, a freehold house, sold at £440,000 on the 31st October 2022.
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 Canadel, Machynlleth as the 5th largest and the 5th most expensive of the 93 addresses on Tre'R Ddol, Machynlleth, SY20.
Against the SY20 postcode district average, it is £207k more expensive than the typical property.
More reading links
Schools Nearby
Public Transport Nearby
Penhelig station is the nearest stop to Canadel, Machynlleth at 5.5 kilometres away.
- 5.5kmPenhelig
- 5.5kmBorth
- 6.5kmAberdovey
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.
