Penycoed, Meifod
Penycoed, Meifod
Description & Estimates
Public records show Penycoed, Meifod to be a period freehold house with 1,001 ft2 of internal area, sitting on a 287 m2 plot.
In this area, houses of this size normally have 3 bedrooms with a garden.
Penycoed, Meifod has an estimated sale value of £293,975 and an estimated rental value of £938 per month, assuming reasonable condition and based on the information available.
Pont Robert, Meifod, SY22 lies within the SY22 postal district.
Our Data Sources
Penycoed, Meifod has a single entry in the Land Registry from June 2015 and a single entry in the EPC database dated January 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.
Price Range & Condition
In very good condition, we estimate Penycoed, Meifod would be worth £308,674, with a potential rental value of £985 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £273,397, with a rental value of £872 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of Penycoed, Meifod has moved up by £584 (0.2%) over the last year. During the same period, its estimated monthly rental value has increased by £41 (4.4%). The property's estimated gross yield is currently 3.8%.
Plot Size
Penycoed, Meifod occupies a 287 m2 plot as recorded by HM Land Registry.
All 3 other houses in this postcode have recorded plot sizes, and this one ranks as the 3rd largest.
Energy Efficiency
Penycoed, Meifod has an Energy Performance Rating (EPC) of F. This is based on the most recent assessment, dated 11 Jan 2014.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, oil.
Sold Prices
Penycoed, Meifod last changed hands on 19th June 2015, selling for £192,000. The transaction was logged as a freehold house by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has risen by 23.0% since June 2015.
- Sold Jun 2015£192,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 7.9 kilometres of Penycoed, Meifod across the last 2 years.
Most recently, Cartref, Meifod, SY22 6HY, a freehold house, sold at £370,000 on the 15th July 2024.
Read more about house prices in SY22.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Our analysis of the public data ranks Penycoed, Meifod as the 115th largest and the 94th most expensive of the 138 addresses on Pont Robert, Meifod, SY22.
Against the SY22 postcode district average, it is £20k more expensive than the typical property.
More reading links
Schools Nearby
Public Transport Nearby
Welshpool station is the nearest stop to Penycoed, Meifod at 14.0 kilometres away.
- 14.0kmWelshpool
- 23.5kmNewtown (Powys)
- 24.4kmCaersws
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
