Old Mill House, Bishops Castle
Old Mill House, Bishops Castle
Description & Estimates
Old Mill House, Bishops Castle appears in the public record as a freehold house.
By comparing it to nearby properties, we estimate it to be a period house with 744 ft2 of internal area and a garden.
Locally, houses of this size normally have 3 bedrooms.
Our estimate of the sale value of Old Mill House, Bishops Castle is £302,029 and its rental estimate is £1,010 per month, given the available information and assuming reasonable condition.
Mainstone, Bishops Castle, SY9 falls within the SY9 postal district.
Our Data Sources
Old Mill House, Bishops Castle has a single entry in the Land Registry from June 2024 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 Old Mill House, Bishops Castle, we estimate a market value of £317,131 and a rental value of £1,061 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £280,887 and £940 per month respectively.
Recent Market Change
Over the last year, Old Mill House, Bishops Castle has seen its estimated sale value move up by £1,954 (0.6%) and its estimated rental value increase by £57 per month (5.7%). This results in an estimated gross rental yield of 4.0%.
Sold Prices
The most recent sale of Old Mill House, Bishops Castle completed on 3rd June 2024 at £200,000 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 dropped by 3.1% over the period since June 2024.
- Sold Jun 2024£200,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Old Mill House, Bishops Castle have sold within a radius of 6.7 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 12th August 2024, was 23, Bishops Castle, SY9 5JY, a freehold house which sold for £265,000.
Read more about house prices in SY9.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 25 addresses on Mainstone, Bishops Castle, SY9, Old Mill House, Bishops Castle comes out as the 23rd largest and the 21st most expensive in our analysis of the public data.
It is also £55k less expensive than the average property across the SY9 district.
More reading links
Schools Nearby
- 4.5kmBishops Castle Primary School
- 6.0kmNewcastle CofE Primary School
- 7.4kmSt George's CofE Academy, Clun
- 4.9kmThe Community College, Bishop's Castle
More reading links
Public Transport Nearby
From Old Mill House, Bishops Castle, the nearest station is Knucklas, 13.7 kilometres away.
- 13.7kmKnucklas
- 14.1kmBroome
- 14.7kmHopton Heath
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
