According to the public record, 1, Wheatley Place, Merthyr Tydfil is a freehold house.
By comparing it to neighbours, we estimate that it is a early-century house with 1,018 ft2 of internal area and a garden.
Houses of this size in this area normally have 3 bedrooms.
Wheatley Place, Merthyr Tydfil, CF47 is located within the CF47 postal district.
1, Wheatley Place, Merthyr Tydfil has a single entry in the Land Registry database from March 2007 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.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 1 Wheatley Place Merthyr Tydfil as £147,624 and the rental value as £851 per month giving an expected gross yield of 6.9%.
Over the last 12 months the sale value of 1 Wheatley Place Merthyr Tydfil has increased by £4,779 (3.2%) and its rental value has increased by £42 per month (5.0%).
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 1, Wheatley Place, Merthyr Tydfil is in very good condition we estimate a sale value of £155,005 and rental value of £894 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £137,290 and a rental value of £792 per month.
If you were able to purchase this property for the estimated value of £147,624, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £726 per month.
This figure is only an estimate but we've partnered with Mortgage Advice Bureau who can provide a figure tailored for you! Get started using their mortgage finder below.
According to HM Land Registry, 1, Wheatley Place, Merthyr Tydfil was last sold on 30 Mar 2007 for £94,500 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Mar 2007, the market for similar properties has risen 60.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 1, Wheatley Place, Merthyr Tydfil within a radius of 83m over the last 2 years.
The most recent example is 30, Aneurin Crescent, Merthyr Tydfil, CF47 0TB, a Freehold house which sold for £160,000 in Aug 2023.
Read more about house prices in CF47.
Wheatley Place, Merthyr Tydfil, CF47 has a total of 25 addresses. According to our analysis of all the public data, 1, Wheatley Place, Merthyr Tydfil is the 3rd largest and the 3rd most expensive property on the street.
When compared to the postcode district it is £7k more expensive than the average property in CF47.
The closest station to 1, Wheatley Place, Merthyr Tydfil is Merthyr Tydfil station which is 900 m away.
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 1, Wheatley Place, Merthyr Tydfil, 40.8% of property is socially rented and 29.2% is privately owned outright.
The graph below shows how this compares to Greater London 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 1, Wheatley Place, Merthyr Tydfil, 19.8% of residents are recorded as possessing school level qualifications and 17.5% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales
The most recent census in 2021 recorded the age of all UK residents.
In the area around 1, Wheatley Place, Merthyr Tydfil, the average age was 41.3 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 1, Wheatley Place, Merthyr Tydfil, 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 1, Wheatley Place, Merthyr Tydfil, there are an average of 1.0 cars per household.
See below for how this compares to Wales and the rest of England & Wales.