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According to the public record, Hobbits Oak, Welshpool is a freehold house.
By comparing it to neighbours, we estimate that it is a period house with 1,725 ft2 of internal area and a garden.
Houses of this size in this area normally have 4 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for Hobbits Oak, Welshpool is £318,205 and the estimated rental value is £1,136 per month.
Trewern, Welshpool, SY21 is located within the SY21 postal district.
Hobbits Oak, Welshpool has 51 entries in the Land Registry , most recently in July 2017 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 3 out of 5 and is considered of medium 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 Hobbits Oak, Welshpool is in very good condition we estimate a sale value of £334,115 and a rental value of £1,192 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £295,931 and a rental value of £1,056 per month.
Over the last 12 months the sale value of Hobbits Oak Welshpool has decreased by an estimated £3,804 (1.2%) and its rental value has increased by an estimated £25 per month (2.2%), giving an expected gross yield of 4.3%.
According to HM Land Registry, Hobbits Oak, Welshpool was last sold on 14th July 2017 for £278,000 and was recorded as a freehold house.
The property has had 5 sales since 1995.
Since July 2017, the market for similar properties has risen 40.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Hobbits Oak, Welshpool within a radius of 5.5 kilometres over the last 2 years.
The most recent example is Trevone, Welshpool, SY21 8DU, a freehold house which sold for £380,000 on the 14th April 2022.
Read more about house prices in SY21.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Trewern, Welshpool, SY21 has a total of 114 addresses. According to our analysis of all the public data, Hobbits Oak, Welshpool is the 27th largest and the 54th most expensive property on the street.
When compared to the postcode district it is £37k more expensive than the average property in SY21.
The closest station to Hobbits Oak, Welshpool is Welshpool station which is 6.3 kilometres away.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
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 Hobbits Oak, Welshpool, 41.5% of property is privately owned outright and 34.9% 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 Hobbits Oak, Welshpool, 17.4% of residents are recorded as possessing school level qualifications and 26.1% 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 Hobbits Oak, Welshpool, the average age was 47.1 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 Hobbits Oak, Welshpool, 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 Hobbits Oak, Welshpool, there are an average of 1.6 cars per household.
See below for how this compares to Wales and the rest of England & Wales.