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According to the public record, Springfields is a mid-century freehold house with 656 ft2 of internal area and sits on a 387 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for Springfields is £241,899 and the estimated rental value is £1,072 per month.
Meifod, SY22 is located within the SY22 postal district.
Springfields has 21 entries in the Land Registry , most recently in September 2021 and a single entry in the EPC database dated June 2021.
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 Springfields is in very good condition we estimate a sale value of £253,994 and a rental value of £1,125 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £224,966 and a rental value of £997 per month.
Over the last 12 months the sale value of Springfields has increased by an estimated £1,564 (0.6%) and its rental value has increased by an estimated £45 per month (4.2%), giving an expected gross yield of 5.3%.
According to data from HM Land Registry, Springfields sits on a plot of 387m2.
We have plot size data on 9 out of 13 other houses in the postcode and Springfields sits on the 5th largest plot.
Springfields has an Energy Performance Rating (EPC) of G. This is based on the most recent assessment, dated 17 Jun 2021.
The property is not connected to mains gas and has mostly double glazing. It is heated using Boiler and radiators, LPG.
According to HM Land Registry, Springfields was last sold on 29th September 2021 for £215,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since September 2021, the market for similar properties has risen 11.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Springfields within a radius of 6.6 kilometres over the last 2 years.
The most recent example is Haf Frondeg, Welshpool, SY21 9NQ, a freehold house which sold for £225,000 on the 6th October 2023.
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, Springfields is the 300th largest and the 269th most expensive property on the street.
When compared to the postcode district it is £61k less expensive than the average property in SY22.
The closest station to Springfields is Welshpool station which is 9.5 kilometres away.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
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 Springfields, 60.1% of property is privately owned outright and 23.8% 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 Springfields, 13.6% of residents are recorded as possessing school level qualifications and 31.4% 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 Springfields, 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 Springfields, 1.6% 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 Springfields, there are an average of 1.8 cars per household.
See below for how this compares to Wales and the rest of England & Wales.
