Minffordd, Machynlleth
Minffordd, Machynlleth
Description & Estimates
Minffordd, Machynlleth is recorded publicly as a period freehold house across 1,485 ft2 of internal area, sitting on a 990 m2 plot.
Locally, houses of this size normally have 4 bedrooms with a garden.
Our estimate of the sale value of Minffordd, Machynlleth is £343,536 and its rental estimate is £1,167 per month, given the available information and assuming reasonable condition.
Cemmaes Road, Machynlleth, SY20 falls within the SY20 postal district.
Our Data Sources
Minffordd, Machynlleth has 2 entries in the Land Registry , most recently in August 2020 and a single entry in the EPC database dated April 2019.
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.
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 Minffordd, Machynlleth, we estimate a market value of £360,713 and a rental value of £1,225 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £319,488 and £1,085 per month respectively.
Recent Market Change
Over the last year, Minffordd, Machynlleth has seen its estimated sale value decrease by £6,196 (1.8%) and its estimated rental value grow by £35 per month (3.0%). This results in an estimated gross rental yield of 4.1%.
Plot Size
HM Land Registry records the plot of land for Minffordd, Machynlleth as measuring 990 m2.
That makes it the 2nd largest plot in the postcode, where 5 of the 10 other houses have recorded plot data.
Energy Efficiency
Minffordd, Machynlleth has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 04 Apr 2019.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, oil.
Sold Prices
The most recent sale of Minffordd, Machynlleth completed on 28th August 2020 at £290,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold twice.
Values of comparable properties have risen by 25.0% over the period since August 2020.
- Sold Aug 2020£290,000
- Sold Mar 2012£105,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Minffordd, Machynlleth have sold within a radius of 8.0 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 23rd August 2024, was 8 Daulwyn, Machynlleth, SY20 8QJ, a freehold house which sold for £212,500.
Read more about house prices in SY20.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 60 addresses on Cemmaes Road, Machynlleth, SY20, Minffordd, Machynlleth comes out as the 18th largest and the 11th most expensive in our analysis of the public data.
It is also £70k more expensive than the average property across the SY20 district.
More reading links
Schools Nearby
Public Transport Nearby
From Minffordd, Machynlleth, the nearest station is Machynlleth, 8.4 kilometres away.
- 8.4kmMachynlleth
- 14.1kmDovey Junction
- 21.8kmPenhelig
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
