Lake Farm, Welshpool
Lake Farm, Welshpool
Description & Estimates
Lake Farm, Welshpool is described in the public record as a modern house with 1,453 ft2 of internal area, sitting on a 4,622 m2 plot.
Locally, houses of this size normally have 4 bedrooms with a garden.
Our estimate of the sale value of Lake Farm, Welshpool is £525,615 and its rental estimate is £1,403 per month, given the available information and assuming reasonable condition.
Pool Quay, Welshpool, SY21 falls within the SY21 postal district.
Our Data Sources
Lake Farm, Welshpool has no records in the the Land Registry and a single entry in the EPC database dated March 2017.
We combine this information with public data 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.
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 Lake Farm, Welshpool, we estimate a market value of £551,896 and a rental value of £1,473 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £488,822 and £1,305 per month respectively.
Recent Market Change
Over the last year, Lake Farm, Welshpool has seen its estimated sale value decline by £7,804 (1.5%) and its estimated rental value climb by £33 per month (2.3%). This results in an estimated gross rental yield of 3.2%.
Plot Size
HM Land Registry records the plot of land for Lake Farm, Welshpool as measuring 4,622 m2.
That makes it the 3rd largest plot in the postcode, where 3 of the 11 other houses have recorded plot data.
Energy Efficiency
Lake Farm, Welshpool has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 29 Mar 2017.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, oil.
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Lake Farm, Welshpool have sold within a radius of 4.7 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 29th August 2023, was The Laurels, Welshpool, SY21 9LJ, a freehold house which sold for £625,000.
Read more about house prices in SY21.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 98 addresses on Pool Quay, Welshpool, SY21, Lake Farm, Welshpool comes out as the 43rd largest and the 15th most expensive in our analysis of the public data.
It is also £243k more expensive than the average property across the SY21 district.
More reading links
Schools Nearby
Public Transport Nearby
From Lake Farm, Welshpool, the nearest station is Welshpool, 6.0 kilometres away.
- 6.0kmWelshpool
- 21.3kmGobowen
- 24.0kmShrewsbury
Available Internet Speeds
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.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
