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Morfa Melyn, Llanelli is described in the public record as a period house with 1,894 ft2 of internal area, sitting on a 227 m2 plot.
Locally, houses of this size normally have 5 bedrooms with a garden.
Our estimate of the sale value of Morfa Melyn, Llanelli is £671,911 and its rental estimate is £2,281 per month, given the available information and assuming reasonable condition.
Foelgastell, Llanelli, SA14 falls within the SA14 postal district.
Morfa Melyn, Llanelli has no records in the the Land Registry and a single entry in the EPC database dated February 2021.
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.
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 Morfa Melyn, Llanelli, we estimate a market value of £705,507 and a rental value of £2,395 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £624,878 and £2,122 per month respectively.
Over the last year, Morfa Melyn, Llanelli has seen its estimated sale value rise by £7,327 (1.1%) and its estimated rental value move up by £72 per month (3.2%). This results in an estimated gross rental yield of 4.1%.
HM Land Registry records the plot of land for Morfa Melyn, Llanelli as measuring 227 m2.
That makes it the largest plot in the postcode, where 1 of the 3 other houses have recorded plot data.
Morfa Melyn, Llanelli has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 11 Feb 2021.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, oil.
Over the past 2 years 1 property similar to Morfa Melyn, Llanelli has sold within a radius of 2.3 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 2nd August 2010, was Cwmhebog, Carmarthen, SA32 8PR, a freehold house which sold for £410,000.
Read more about house prices in SA14.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 4 addresses on Foelgastell, Llanelli, SA14, Morfa Melyn, Llanelli comes out as the largest and the most expensive in our analysis of the public data.
It is also £481k more expensive than the average property across the SA14 district.
From Morfa Melyn, Llanelli, the nearest station is Ammanford, 8.4 kilometres away.
The flood risk here is rated very low, based on Environment Agency data.
The recent census recorded whether a resident owned or rented their home.
In the area around Morfa Melyn, Llanelli, 49.6% of property is privately owned outright and 35.8% 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 Morfa Melyn, Llanelli, 15.1% of residents are recorded as possessing school level qualifications and 36.8% 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 Morfa Melyn, Llanelli, the average age was 43.4 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 Morfa Melyn, Llanelli, 3.0% 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 Morfa Melyn, Llanelli, there are an average of 1.7 cars per household.
See below for how this compares to Wales and the rest of England & Wales.