The Grove, Presteigne
The Grove, Presteigne
Description & Estimates
The Grove, Presteigne appears in the public record as a freehold house.
By comparing it to nearby properties, we estimate it to be a period house with 2,390 ft2 of internal area and a garden.
Locally, houses of this size normally have 5 bedrooms.
Our estimate of the sale value of The Grove, Presteigne is £502,079 and its rental estimate is £1,484 per month, given the available information and assuming reasonable condition.
New Radnor, Presteigne, LD8 falls within the LD8 postal district.
Our Data Sources
The Grove, Presteigne has 21 entries in the Land Registry , most recently in April 2019 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 The Grove, Presteigne, we estimate a market value of £527,183 and a rental value of £1,558 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £466,934 and £1,380 per month respectively.
Recent Market Change
Over the last year, The Grove, Presteigne has seen its estimated sale value move down by £11,042 (2.2%) and its estimated rental value increase by £36 per month (2.4%). This results in an estimated gross rental yield of 3.5%.
Sold Prices
The most recent sale of The Grove, Presteigne completed on 1st April 2019 at £475,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold twice.
Values of comparable properties have risen by 39.3% over the period since April 2019.
- Sold Apr 2019£475,000
- Sold Jun 1996£165,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to The Grove, Presteigne have sold within a radius of 9.1 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 30th March 2022, was Yew Tree Villa, Presteigne, LD8 2SS, a freehold house which sold for £495,000.
Read more about house prices in LD8.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 73 addresses on New Radnor, Presteigne, LD8, The Grove, Presteigne comes out as the 13th largest and the 11th most expensive in our analysis of the public data.
It is also £195k more expensive than the average property across the LD8 district.
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Schools Nearby
- 9.0kmKington Primary School
- 8.6kmLady Hawkins' School
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Public Transport Nearby
From The Grove, Presteigne, the nearest station is Dolau, 9.9 kilometres away.
- 9.9kmDolau
- 11.6kmLlanbister Road
- 12.3kmPen-y-Bont (Mid Wales)
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
