Cefn Meurig, Aberystwyth
Cefn Meurig, Aberystwyth
Description & Estimates
Cefn Meurig, Aberystwyth is recorded publicly as a mid-century freehold house across 807 ft2 of internal area, sitting on a 553 m2 plot.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of Cefn Meurig, Aberystwyth is £241,563 and its rental estimate is £905 per month, given the available information and assuming reasonable condition.
Penrhyncoch, Aberystwyth, SY23 falls within the SY23 postal district.
Our Data Sources
Cefn Meurig, Aberystwyth has a single entry in the Land Registry from June 2022 and a single entry in the EPC database dated February 2022.
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
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 Cefn Meurig, Aberystwyth, we estimate a market value of £253,641 and a rental value of £950 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £224,653 and £842 per month respectively.
Recent Market Change
Over the last year, Cefn Meurig, Aberystwyth has seen its estimated sale value increase by £1,195 (0.5%) and its estimated rental value grow by £35 per month (3.8%). This results in an estimated gross rental yield of 4.5%.
Plot Size
HM Land Registry records the plot of land for Cefn Meurig, Aberystwyth as measuring 553 m2.
That makes it the 5th largest plot in the postcode, where 11 of the 17 other houses have recorded plot data.
Energy Efficiency
Cefn Meurig, Aberystwyth has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 23 Feb 2022.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, oil.
Sold Prices
The most recent sale of Cefn Meurig, Aberystwyth completed on 10th June 2022 at £195,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have dropped by 2.3% over the period since June 2022.
- Sold Jun 2022£195,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Cefn Meurig, Aberystwyth have sold within a radius of 4.7 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 2nd August 2019, was Gwargerddi, Salem, Aberystwyth, SY23 3ET, a freehold house which sold for £165,000.
Read more about house prices in SY23.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 150 addresses on Penrhyncoch, Aberystwyth, SY23, Cefn Meurig, Aberystwyth comes out as the 132nd largest and the 108th most expensive in our analysis of the public data.
It is also £22k less expensive than the average property across the SY23 district.
More reading links
Schools Nearby
Public Transport Nearby
From Cefn Meurig, Aberystwyth, the nearest station is Bow Street, 4.7 kilometres away.
- 4.7kmBow Street
- 8.3kmBorth
- 8.5kmAberystwyth
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.
