The Reading Room, Welshpool
The Reading Room, Welshpool
Description & Estimates
The Reading Room, Welshpool is described in the public record as a period house with 1,679 ft2 of internal area.
Locally, houses of this size normally have 4 bedrooms with a garden.
Our estimate of the sale value of The Reading Room, Welshpool is £179,433 and its rental estimate is £738 per month, given the available information and assuming reasonable condition.
Red Bank, Welshpool, SY21 falls within the SY21 postal district.
Our Data Sources
The Reading Room, Welshpool has no records in the the Land Registry and a single entry in the EPC database dated October 2017.
We combine this information with public data of neighbouring properties to estimate the property 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 Reading Room, Welshpool, we estimate a market value of £188,405 and a rental value of £775 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £166,873 and £687 per month respectively.
Recent Market Change
Over the last year, The Reading Room, Welshpool has seen its estimated sale value decrease by £2,664 (1.5%) and its estimated rental value grow by £17 per month (2.3%). This results in an estimated gross rental yield of 4.9%.
Energy Efficiency
The Reading Room, Welshpool has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 06 Oct 2017.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and underfloor heating, mains gas.
Similar Properties Sold Nearby
Over the past 2 years 1 property similar to The Reading Room, Welshpool has sold within a radius of 650 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 7th April 2017, was 38, Mount Street, Welshpool, SY21 7LW, a freehold house which sold for £165,000.
Read more about house prices in SY21.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 47 addresses on Red Bank, Welshpool, SY21, The Reading Room, Welshpool comes out as the 13th largest and the 42nd most expensive in our analysis of the public data.
It is also £103k less expensive than the average property across the SY21 district.
More reading links
Schools Nearby
Public Transport Nearby
From The Reading Room, Welshpool, the nearest station is Welshpool, 600 metres away.
- 600mWelshpool
- 20.0kmNewtown (Powys)
- 25.2kmCaersws
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
