£354,019
This estimated value is based upon the latest sale price for the house of £230,000 on 31 Jul 2014. This value is then adjusted by the current Official House Price Index for GWYNEDD 1
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| Price Paid | Date |
|---|---|
| £230,000 | 31 Jul 2014 |
| £100,000 | 7 Jan 2002 |
| £82,000 | 19 Aug 1997 |
| Terraced |
| Freehold |
| Floor Area: 142 sq meters or 1,528 sq feet |
This model uses changes in the Official Land Registry House Price Index for GWYNEDD to estimate the market value.
When this house was purchased in July 2014 the House Price Index for GWYNEDD was 97.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 53.921%.Applying this 53.921% change to the original purchase price of £230,000 results in an estimated price of approximately £354,019.
| 31 Jul 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 97.3 | 149.7 | 53.921 % | £230,000 | £124,019 | £354,019 |
The Postcode Pricing Model uses changes in average sales price within the LL57 postcode to calculate an estimated price.
The average sales price when the house was purchased is compared with the current average sales price.
This change is then applied to the initial purchase price to derive the current estimated price.
Three different estimates are shown, with averages drawn from 1 month, 3 month and 6 month timeframes.
The longer timeframes give less volatile estimates, but are not so timely.
More information on this model and the calculations
| Change % | Change £ | Estimated Price | |
| 1 Month Average | -3.285 % | £-7,555 | £222,444 |
| 3 Month Average | 11.412 % | £26,246 | £256,246 |
| 6 Month Average | 28.171 % | £64,792 | £294,792 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 26 Apr 2024 | £458,986 | £455,000 | 6 VICTORIA AVENUE |
| 27 Nov 2023 | £133,386 | £130,000 | 8 FIELD STREET |
| 9 Oct 2023 | £163,718 | £160,000 | 62 HILL STREET |
| 20 Sep 2023 | £296,537 | £290,000 | 15B MENAI VIEW TERRACE |
| 20 Sep 2023 | £168,719 | £165,000 | 15A MENAI VIEW TERRACE |
This house has a floor area of 142 sq meters or 1,528 sq feet when measured on 15 Jan 2013. Using an estimated price of £354,019 means this house is valued at £2,493 per sq meter (£231 per sq foot).
The average size of a house on VICTORIA PARK is 149 sq meters (1,607 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Other theft | Under investigation | On or near Victoria Street |
| Jun 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near Field Street |
| May 2024 | Anti-social behaviour | On or near Field Street | |
| May 2024 | Anti-social behaviour | On or near Field Street | |
| May 2024 | Anti-social behaviour | On or near Field Street |