According to the public record, 8, Mere Crescent, Wrexham is a freehold house.
By comparing it to neighbours, we estimate that it is a mid-century house with 992 ft2 of internal area and a garden.
Houses of this size in this area normally have 3 bedrooms.
Mere Crescent, Wrexham, LL13 is located within the LL13 postal district.
8, Mere Crescent, Wrexham has a single entry in the Land Registry database from January 2008 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 8 Mere Crescent Wrexham as £232,096 and the rental value as £934 per month giving an expected gross yield of 4.8%.
Over the last 12 months the sale value of 8 Mere Crescent Wrexham has decreased by £1,643 (0.7%) and its rental value has increased by £59 per month (6.3%).
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 8, Mere Crescent, Wrexham is in very good condition we estimate a sale value of £243,701 and rental value of £981 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £215,850 and a rental value of £869 per month.
If you were able to purchase this property for the estimated value of £232,096, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,141 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, 8, Mere Crescent, Wrexham was last sold on 25 Jan 2008 for £157,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Jan 2008, the market for similar properties has risen 23.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 8, Mere Crescent, Wrexham within a radius of 810 metres over the last 2 years.
The most recent example is 38, Mile Barn Road, Wrexham, LL13 9LX, a Freehold house which sold for £251,000 in Sep 2023.
Read more about house prices in LL13.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Mere Crescent, Wrexham, LL13 has a total of 33 addresses. According to our analysis of all the public data, 8, Mere Crescent, Wrexham is the 5th largest and the 5th most expensive property on the street.
When compared to the postcode district it is £41k more expensive than the average property in LL13.
The closest station to 8, Mere Crescent, Wrexham is Wrexham General station which is 2.8 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 8, Mere Crescent, Wrexham, 52.8% of property is privately owned outright and 38.7% 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 8, Mere Crescent, Wrexham, 14.7% of residents are recorded as possessing school level qualifications and 35.8% 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 8, Mere Crescent, Wrexham, the average age was 40 and the most common age was 32.
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 8, Mere Crescent, Wrexham, 1.9% 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 8, Mere Crescent, Wrexham, there are an average of 1.6 cars per household.
See below for how this compares to Wales and the rest of England & Wales.