According to the public record, 3 Model Cottages, Merthyr Tydfil is a early-century freehold house with 882 ft2 of internal area and sits on a 119 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Merthyr Tydfil, CF47 is located within the CF47 postal district.
3 Model Cottages, Merthyr Tydfil has 31 entries in the Land Registry database, most recently in August 2022 and a single entry in the EPC database dated January 2019.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 3 Model Cottages Merthyr Tydfil as £126,274 and the rental value as £811 per month giving an expected gross yield of 7.7%.
Over the last 12 months the sale value of 3 Model Cottages Merthyr Tydfil has increased by £3,844 (3.0%) and its rental value has increased by £39 per month (4.8%).
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 3 Model Cottages, Merthyr Tydfil is in very good condition we estimate a sale value of £132,588 and rental value of £851 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £117,435 and a rental value of £754 per month.
If you were able to purchase this property for the estimated value of £126,274, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £621 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 data from HM Land Registry, 3 Model Cottages, Merthyr Tydfil sits on a plot of 119m2.
We have plot size data on 9 out of 11 other houses in the postcode and 3 Model Cottages, Merthyr Tydfil sits on the 5th largest plot.
According to HM Land Registry, 3 Model Cottages, Merthyr Tydfil was last sold on 11 Aug 2022 for £130,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since Aug 2022, the market for similar properties has risen 0.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 3 Model Cottages, Merthyr Tydfil within a radius of 700 metres over the last 2 years.
The most recent example is 5, Baden Terrace, Merthyr Tydfil, CF47 0HR, a Freehold house which sold for £125,000 in Dec 2023.
Read more about house prices in CF47.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Merthyr Tydfil, CF47 has a total of 138 addresses. According to our analysis of all the public data, 3 Model Cottages, Merthyr Tydfil is the 15th largest and the 10th most expensive property on the street.
When compared to the postcode district it is £14k less expensive than the average property in CF47.
3 Model Cottages, Merthyr Tydfil has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 28 Jan 2019.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to 3 Model Cottages, Merthyr Tydfil is Merthyr Tydfil station which is 1.0 kilometres 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 3 Model Cottages, Merthyr Tydfil, 47.2% of property is privately owned outright and 41.6% is privately owned with a mortgage.
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 3 Model Cottages, Merthyr Tydfil, 18.4% of residents are recorded as possessing school level qualifications and 28.1% 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 3 Model Cottages, 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 3 Model Cottages, Merthyr Tydfil, 2.2% 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 3 Model Cottages, Merthyr Tydfil, there are an average of 1.6 cars per household.
See below for how this compares to Wales and the rest of England & Wales.