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According to the public record, Groes Heol, Machynlleth is a period freehold house with 2,529 ft2 of internal area and sits on a 12,295 m2 plot.
Houses of this size in this area normally have 5 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for Groes Heol, Machynlleth is £447,702 and the estimated rental value is £1,534 per month.
Mallwyd, Machynlleth, SY20 is located within the SY20 postal district.
Groes Heol, Machynlleth has a single entry in the Land Registry from April 2019 and a single entry in the EPC database dated January 2024.
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.
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 Groes Heol, Machynlleth is in very good condition we estimate a sale value of £470,087 and a rental value of £1,611 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £416,363 and a rental value of £1,427 per month.
Over the last 12 months the sale value of Groes Heol Machynlleth has decreased by an estimated £11,016 (2.5%) and its rental value has increased by an estimated £30 per month (2.0%), giving an expected gross yield of 4.1%.
According to data from HM Land Registry, Groes Heol, Machynlleth sits on a plot of 12295m2.
We have plot size data on 4 out of 8 other houses in the postcode and Groes Heol, Machynlleth sits on the 3rd largest plot.
Groes Heol, Machynlleth has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 15 Jan 2024.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, oil.
According to HM Land Registry, Groes Heol, Machynlleth was last sold on 15th April 2019 for £340,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since April 2019, the market for similar properties has risen 40.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Groes Heol, Machynlleth within a radius of 13.9 kilometres over the last 2 years.
The most recent example is Llwydcoed Fawr, Welshpool, SY21 0QL, a freehold house which sold for £570,000 on the 8th April 2021.
Read more about house prices in SY20.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Mallwyd, Machynlleth, SY20 has a total of 49 addresses. According to our analysis of all the public data, Groes Heol, Machynlleth is the 3rd largest and the 7th most expensive property on the street.
When compared to the postcode district it is £174k more expensive than the average property in SY20.
The closest station to Groes Heol, Machynlleth is Machynlleth station which is 17.9 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 Groes Heol, Machynlleth, 52.2% of property is privately owned outright and 20.2% is socially rented.
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 Groes Heol, Machynlleth, 14.4% of residents are recorded as possessing school level qualifications and 29.3% 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 Groes Heol, Machynlleth, the average age was 47.3 and the most common age was 57.
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 Groes Heol, Machynlleth, 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 Groes Heol, Machynlleth, there are an average of 1.6 cars per household.
See below for how this compares to Wales and the rest of England & Wales.
