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Locally, houses of this size normally have 4 bedrooms with a garden.
Our estimate of the sale value of Oaklands Cottage, Welshpool is £401,402 and its rental estimate is £1,080 per month, given the available information and assuming reasonable condition.
Church Close, Leighton, Welshpool, SY21 falls within the SY21 postal district.
Oaklands Cottage, Welshpool has 2 entries in the Land Registry , most recently in October 2023 and a single entry in the EPC database dated January 2023.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium 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 Oaklands Cottage, Welshpool, we estimate a market value of £421,472 and a rental value of £1,134 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £373,304 and £1,004 per month respectively.
Over the last year, Oaklands Cottage, Welshpool has seen its estimated sale value move down by £5,960 (1.5%) and its estimated rental value increase by £25 per month (2.3%). This results in an estimated gross rental yield of 3.2%.
HM Land Registry records the plot of land for Oaklands Cottage, Welshpool as measuring 1,057 m2.
That makes it the 11th largest plot in the postcode, where 17 of the 21 other houses have recorded plot data.
Oaklands Cottage, Welshpool has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 24 Jan 2023.
The property is not connected to mains gas and has single glazed windows. It is heated using Boiler and radiators, oil.
The most recent sale of Oaklands Cottage, Welshpool completed on 18th October 2023 at £460,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold twice.
Values of comparable properties have dropped by 8.9% over the period since October 2023.
Over the past 2 years 3 properties similar to Oaklands Cottage, Welshpool have sold within a radius of 2.4 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 22nd September 2021, was 3, Church Close, Welshpool, SY21 8HL, a freehold house which sold for £425,000.
Read more about house prices in SY21.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 21 addresses on Church Close, Leighton, Welshpool, SY21, Oaklands Cottage, Welshpool comes out as the 19th largest and the 12th most expensive in our analysis of the public data.
It is also £119k more expensive than the average property across the SY21 district.
From Oaklands Cottage, Welshpool, the nearest station is Welshpool, 1.8 kilometres away.
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.
The flood risk here is rated very low, based on Environment Agency data.
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The recent census recorded whether a resident owned or rented their home.
In the area around Oaklands Cottage, Welshpool, 51.6% of property is privately owned outright and 26.1% is privately rented.
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 Oaklands Cottage, Welshpool, 11.2% of residents are recorded as possessing school level qualifications and 38.5% 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 Oaklands Cottage, 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 Oaklands Cottage, Welshpool, 1.4% 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 Oaklands Cottage, Welshpool, there are an average of 1.8 cars per household.
See below for how this compares to Wales and the rest of England & Wales.