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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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According to the public record, Garreglwyd, Machynlleth is a freehold house.
By comparing it to neighbours, we estimate that it is a period house with 1,266 ft2 of internal area and a garden.
Houses of this size in this area normally have 3 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for Garreglwyd, Machynlleth is £290,987 and the estimated rental value is £1,108 per month.
Corris, Machynlleth, SY20 is located within the SY20 postal district.
Garreglwyd, Machynlleth has 2 entries in the Land Registry , most recently in November 2023 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 1 out of 5 and is considered of low accuracy.
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If Garreglwyd, Machynlleth is in very good condition we estimate a sale value of £305,536 and a rental value of £1,163 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £270,618 and a rental value of £1,031 per month.
Over the last 12 months the sale value of Garreglwyd Machynlleth has increased by an estimated £578 (0.2%) and its rental value has increased by an estimated £48 per month (4.4%), giving an expected gross yield of 4.6%.
According to HM Land Registry, Garreglwyd, Machynlleth was last sold on 24th November 2023 for £287,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since November 2023, the market for similar properties has risen 28.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Garreglwyd, Machynlleth within a radius of 7.6 kilometres over the last 2 years.
The most recent example is Penrallt, Machynlleth, SY20 9TS, a freehold house which sold for £200,000 on the 21st January 2022.
Read more about house prices in SY20.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Corris, Machynlleth, SY20 has a total of 103 addresses. According to our analysis of all the public data, Garreglwyd, Machynlleth is the 38th largest and the 29th most expensive property on the street.
When compared to the postcode district it is £17k more expensive than the average property in SY20.
The closest station to Garreglwyd, Machynlleth is Machynlleth station which is 6.8 kilometres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around Garreglwyd, Machynlleth, 55.6% of property is privately owned outright and 22.2% is privately owned with a mortgage.
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 Garreglwyd, Machynlleth, 15.9% of residents are recorded as possessing school level qualifications and 46.2% 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 Garreglwyd, Machynlleth, the average age was 45.1 and the most common age was 62.
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 Garreglwyd, Machynlleth, 1.8% 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 Garreglwyd, Machynlleth, there are an average of 1.5 cars per household.
See below for how this compares to Wales and the rest of England & Wales.
