Area Guide For Meifod

Meifod, in the past additionally composed Meivod, is a little town 7 miles north-west of Welsh pool in Powys, mid Wales, on the A495 Street and spotted in the valley of the River Vyrnwy. The River Banwy has an intersection with the Vyrnwy more or less two miles to the west of the town.

57% of the numbers of inhabitants in Meifod were conceived in England. In any case, this is not in itself proof of any expansive scale movement from England; it might essentially mirror the inclination of nearby folks for utilizing bigger clinics all the more advantageously arranged in close-by Shropshire for conceiving an offspring. The United Kingdom Census 2001 uncovered that almost 38% of the populace more than 3 years of age had some information of the Welsh dialect with very nearly 20% ready to talk, read and write in Welsh. The Meifod valley facilitated the National Eisteddfod in 2003.


Meifod Map

Estimated Price: £235,612
Average Asking Price: £237,806
Price change in last one year: £18,973
Average Price Paid: £208,847
Average Rent Rates: £498


Property Prices Breakdown in Meifod

Average Price for property in Meifod is around £235,612 which varies based on type of property you are interested in and ranges from £256,235 for detached house to around £150,785 for semi-detached. Similarly terraced house is around £116,232 and a flat is worth £104,199. Values have been changing and have risen £3,520 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £10,381 in last 6 months, £18,973 in last 1 year, £20,011 in last 2 years, £22,315 in last 3 years, £20,398 in last 4 years and £34,811 in last 5 years.

Currently average asking price of a property in Meifod is around £237,806 based on approximately 5 properties for sale. Same is the case with rental options based on 1 properties up for rent, average asking rent is around £498 per month.

Estimated property value in Meifod is £235,612. Average asking price is £237,806 while average price paid is £189,700 which is up by £18,973 and Avg. asking rent £498.Based on an Online Survey

Buyers are willing to pay high dollar prices to grab these properties because of the recent trend in real estate investment especially in Meifod area. In last 1 year alone average price buyer paid is around £189,700 based on approximately 5 sales in Meifod area alone. If you compare it to last 3 years sales of 20 properties where buyers paid around £200,650. It has been same for some time now for e.g. if you take an average of amount paid in last 5 years, it comes to around £208,847 for 32 and average amount paid for purchase of approx. 49 properties sold in last 7 years comes to about £196,205 per sale.


Breakdown of asking prices for homes of different sizes show that price varies clearly based on no of bedrooms and type of house. Asking price for a house with 3 bedroom is around £270,612 and £285,000 for a 4 bedroom house. To sum up the asking prices for properties in Meifod it comes to around average £270,612 for 3 bedroom property and £285,000 for 4 bedroom.

Rent per calendar month varies similarly based on type and size of the house. If you look at the rents per month for houses alone it is £498 for 3 bedroom. You should be generally be expecting around average £498 rent per month for 3 bedroom property in Meifod area.

Popular Houses in Meifod

Disclaimer : Location real estate estimates and values are based on House price index background data and Sales data provided by United Kingdom Land registry Records available as public records from their website. This information is updated monthly on our website and may not reflect all public transactions. This information is based on estimated calculation generated from our developed algorithms. We are striving to make this information as accurate and useful as possible. This data covers the transactions received at Land Registry in the period 1/1/1995 to 9/1/2014. © Crown copyright 2014. Data produced by Land Registry © Crown copyright 2014.

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