According to the public record, 8, Odessa Street, Merthyr Tydfil is a period freehold house and with 731 ft2 of internal area and sits on a 86.7 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Odessa Street, Dowlais, Merthyr Tydfil, CF48 is located within the CF48 postal district.
8, Odessa Street, Merthyr Tydfil has 21 entries in the Land Registry database, most recently in January 2023 and no records in the EPC database.
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 8 Odessa Street Merthyr Tydfil as £93,923 and the rental value as £705 per month giving an expected gross yield of 9%.
Over the last 12 months the sale value of 8 Odessa Street Merthyr Tydfil has increased by £3,982 (4.2%) and its rental value has increased by £42 per month (6.0%).
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 8, Odessa Street, Merthyr Tydfil is in very good condition we estimate a sale value of £98,620 and rental value of £741 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £87,349 and a rental value of £656 per month.
If you were able to purchase this property for the estimated value of £93,923, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £462 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, 8, Odessa Street, Merthyr Tydfil sits on a plot of 87m2.
We have plot size data on 17 out of 27 other houses in the postcode and 8, Odessa Street, Merthyr Tydfil sits on the 14th largest plot.
According to HM Land Registry, 8, Odessa Street, Merthyr Tydfil was last sold on 13 Jan 2023 for £75,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Jan 2023, the market for similar properties has risen 3.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 8, Odessa Street, Merthyr Tydfil within a radius of 120m over the last 2 years.
The most recent example is 20, Odessa Street, Merthyr Tydfil, CF48 3AU, a Freehold house which sold for £99,000 in Dec 2023.
Read more about house prices in CF48.
Odessa Street, Dowlais, Merthyr Tydfil, CF48 has a total of 27 addresses. According to our analysis of all the public data, 8, Odessa Street, Merthyr Tydfil is the 20th largest and the 20th most expensive property on the street.
When compared to the postcode district it is £61k less expensive than the average property in CF48.
8, Odessa Street, Merthyr Tydfil has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 21 Oct 2020.
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 8, Odessa Street, Merthyr Tydfil is Merthyr Tydfil station which is 2.6 km 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, Odessa Street, Merthyr Tydfil, 30.3% of property is privately owned outright and 30.3% is privately rented.
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, Odessa Street, Merthyr Tydfil, 14.8% of residents are recorded as possessing school level qualifications and 17.8% 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, Odessa Street, Merthyr Tydfil, the average age was 40.6 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 8, Odessa Street, Merthyr Tydfil, 0.0% 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, Odessa Street, Merthyr Tydfil, there are an average of 0.9 cars per household.
See below for how this compares to Wales and the rest of England & Wales.