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Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of Cherry Bank, Rhayader is £276,468 and its rental estimate is £892 per month, given the available information and assuming reasonable condition.
Bryngwy, Rhayader, LD6 falls within the LD6 postal district.
Cherry Bank, Rhayader has a single entry in the Land Registry from March 2021 and a single entry in the EPC database dated January 2019.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high accuracy.
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 Cherry Bank, Rhayader, we estimate a market value of £290,291 and a rental value of £937 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £257,115 and £830 per month respectively.
Over the last year, Cherry Bank, Rhayader has seen its estimated sale value increase by £79 (0.0%) and its estimated rental value grow by £44 per month (5.0%). This results in an estimated gross rental yield of 3.9%.
HM Land Registry records the plot of land for Cherry Bank, Rhayader as measuring 342 m2.
That makes it the 16th largest plot in the postcode, where 26 of the 44 other houses have recorded plot data.
Cherry Bank, Rhayader has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 07 Jan 2019.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
The most recent sale of Cherry Bank, Rhayader completed on 19th March 2021 at £232,500 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 risen by 52.9% over the period since March 2021.
Over the past 2 years 3 properties similar to Cherry Bank, Rhayader have sold within a radius of 8.8 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 5th January 2024, was Haulfryn, Bryngwy, Rhayader, LD6 5BN, a freehold house which sold for £140,000.
Read more about house prices in LD6.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 44 addresses on Bryngwy, Rhayader, LD6, Cherry Bank, Rhayader comes out as the 27th largest and the 26th most expensive in our analysis of the public data.
It is also £785 less expensive than the average property across the LD6 district.
From Cherry Bank, Rhayader, the nearest station is Llandrindod, 10.8 kilometres away.
Internet coverage here is poor, based on recent Ofcom data, and connectivity may be weak or unavailable.
According to recent data from Ofcom, Slow/none broadband is available in the area.
The flood risk here is rated very low, based on Environment Agency data.
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The recent census recorded whether a resident owned or rented their home.
In the area around Cherry Bank, Rhayader, 41.2% of property is privately rented and 40.6% is privately owned outright.
The graph below shows how this compares to Wales and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around Cherry Bank, Rhayader, 16.4% of residents are recorded as possessing school level qualifications and 29.5% as possessing degree level qualifications.
The graph below shows how this compares to Wales and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around Cherry Bank, Rhayader, the average age was 48.6 and the most common age was 67.
The graph below shows how this compares to Wales and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around Cherry Bank, Rhayader, 0.0% of property was a second home.
Comparison figures for Wales and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around Cherry Bank, Rhayader, there are an average of 1.2 cars per household.
See below for how this compares to Wales and the rest of England & Wales.