Lower Mill, Swansea
Lower Mill, Swansea
Description & Estimates
Lower Mill, Swansea appears in the public record as a freehold house.
By comparing it to nearby properties, we estimate it to be a period house with 1,584 ft2 of internal area and a garden.
Locally, houses of this size normally have 4 bedrooms.
Our estimate of the sale value of Lower Mill, Swansea is £503,996 and its rental estimate is £1,938 per month, given the available information and assuming reasonable condition.
Llanrhidian, Swansea, SA3 falls within the SA3 postal district.
Our Data Sources
Lower Mill, Swansea has a single entry in the Land Registry from May 2019 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 2 out of 5 and is considered of medium 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 Lower Mill, Swansea, we estimate a market value of £529,195 and a rental value of £2,035 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £468,716 and £1,802 per month respectively.
Recent Market Change
Over the last year, Lower Mill, Swansea has seen its estimated sale value rise by £11,287 (2.2%) and its estimated rental value move up by £69 per month (3.5%). This results in an estimated gross rental yield of 4.6%.
Sold Prices
The most recent sale of Lower Mill, Swansea completed on 24th May 2019 at £450,000 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 16.3% over the period since May 2019.
- Sold May 2019£450,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Lower Mill, Swansea have sold within a radius of 5.8 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 19th July 2024, was Three Ways, Swansea, SA3 1EH, a freehold house which sold for £440,000.
Read more about house prices in SA3.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 141 addresses on Llanrhidian, Swansea, SA3, Lower Mill, Swansea comes out as the 58th largest and the 53rd most expensive in our analysis of the public data.
It is also £137k more expensive than the average property across the SA3 district.
More reading links
Schools Nearby
Public Transport Nearby
From Lower Mill, Swansea, the nearest station is Llanelli, 7.1 kilometres away.
- 7.1kmLlanelli
- 8.6kmBynea
- 9.7kmPembrey & Burry Port
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.
