Ty Derwen, Meifod
Ty Derwen, Meifod
Description & Estimates
Public records show Ty Derwen, Meifod to be a modern freehold house with 1,819 ft2 of internal area, sitting on a 761 m2 plot.
In this area, houses of this size normally have 4 bedrooms with a garden.
Ty Derwen, Meifod has an estimated sale value of £387,237 and an estimated rental value of £1,164 per month, assuming reasonable condition and based on the information available.
Pont Robert, Meifod, SY22 lies within the SY22 postal district.
Our Data Sources
Ty Derwen, Meifod has 21 entries in the Land Registry , most recently in March 2024 and a single entry in the EPC database dated March 2022.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium accuracy.
Price Range & Condition
In very good condition, we estimate Ty Derwen, Meifod would be worth £406,599, with a potential rental value of £1,223 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £360,130, with a rental value of £1,083 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 Ty Derwen, Meifod has dropped by £6,984 (1.8%) over the last year. During the same period, its estimated monthly rental value has risen by £35 (3.0%). The property's estimated gross yield is currently 3.6%.
Plot Size
Ty Derwen, Meifod occupies a 761 m2 plot as recorded by HM Land Registry.
Of the 14 other houses in this postcode, 10 have recorded plot sizes, and this one ranks as the 9th largest.
Energy Efficiency
Ty Derwen, Meifod has an Energy Performance Rating (EPC) of A. This is based on the most recent assessment, dated 10 Mar 2022.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Air source heat pump, radiators, electric.
Sold Prices
Ty Derwen, Meifod last changed hands on 19th March 2024, selling for £375,000. The transaction was logged as a freehold house by HM Land Registry.
In total it has sold twice since 1995.
The market for similar properties has dropped by 11.7% since March 2024.
- Sold Mar 2024£375,000
- Sold Dec 2001£147,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 7.4 kilometres of Ty Derwen, Meifod across the last 2 years.
Most recently, Ty Nythyn, Meifod, SY22 6HY, a freehold house, sold at £435,000 on the 12th August 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 Ty Derwen, Meifod as the 19th largest and the 31st most expensive of the 138 addresses on Pont Robert, Meifod, SY22.
Against the SY22 postcode district average, it is £113k more expensive than the typical property.
More reading links
Schools Nearby
Public Transport Nearby
Welshpool station is the nearest stop to Ty Derwen, Meifod at 13.2 kilometres away.
- 13.2kmWelshpool
- 21.5kmNewtown (Powys)
- 22.4kmCaersws
Available Internet Speeds
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
