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According to the public record, Old Mathrafal Cottage is a period freehold house with 1,442 ft2 of internal area and sits on a 1,500 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for Old Mathrafal Cottage is £394,344 and the estimated rental value is £1,342 per month.
Meifod, SY22 is located within the SY22 postal district.
Old Mathrafal Cottage has 21 entries in the Land Registry , most recently in June 2015 and a single entry in the EPC database dated June 2014.
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.
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If Old Mathrafal Cottage is in very good condition we estimate a sale value of £414,062 and a rental value of £1,409 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £366,740 and a rental value of £1,248 per month.
Over the last 12 months the sale value of Old Mathrafal Cottage has decreased by an estimated £6,793 (1.7%) and its rental value has increased by an estimated £29 per month (2.2%), giving an expected gross yield of 4.1%.
According to data from HM Land Registry, Old Mathrafal Cottage sits on a plot of 1500m2.
We have plot size data on 3 out of 4 other houses in the postcode and Old Mathrafal Cottage sits on the 3rd largest plot.
Old Mathrafal Cottage has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 12 Jun 2014.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, oil.
According to HM Land Registry, Old Mathrafal Cottage was last sold on 17th June 2015 for £256,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since June 2015, the market for similar properties has risen 49.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Old Mathrafal Cottage within a radius of 7.6 kilometres over the last 2 years.
The most recent example is 3 Tan Y Ffridd Cottage, Welshpool, SY21 0JZ, a freehold house which sold for £225,000 on the 10th December 2021.
Read more about house prices in SY22.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Meifod, SY22 has a total of 313 addresses. According to our analysis of all the public data, Old Mathrafal Cottage is the 142nd largest and the 93rd most expensive property on the street.
When compared to the postcode district it is £91k more expensive than the average property in SY22.
The closest station to Old Mathrafal Cottage is Welshpool station which is 10.4 kilometres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around Old Mathrafal Cottage, 68.2% of property is privately owned outright and 14.6% 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 Old Mathrafal Cottage, 11.0% of residents are recorded as possessing school level qualifications and 30.9% 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 Old Mathrafal Cottage, the average age was 47.3 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 Old Mathrafal Cottage, 0.6% 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 Old Mathrafal Cottage, there are an average of 1.8 cars per household.
See below for how this compares to Wales and the rest of England & Wales.