£347,370
This estimated value is based upon the latest sale price for the house of £192,500 on 7 Nov 2008. This value is then adjusted by the current Official House Price Index for GWYNEDD 1
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Price Paid | Date |
---|---|
£192,500 | 7 Nov 2008 |
Flats/Maisonettes |
Leasehold |
Floor Area: 66 sq meters or 719 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 November 2008 the House Price Index for GWYNEDD was 83.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 80.452%.Applying this 80.452% change to the original purchase price of £192,500 results in an estimated price of approximately £347,370.
7 Nov 2008 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
83.0 | 149.7 | 80.452 % | £192,500 | £154,870 | £347,370 |
The Postcode Pricing Model uses changes in average sales price within the LL53 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 | 54.114 % | £104,169 | £296,669 |
3 Month Average | 39.397 % | £75,840 | £268,340 |
6 Month Average | 41.431 % | £79,755 | £272,255 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 Dec 2023 | £268,243 | £260,000 | 10 RECREATION ROAD |
8 Dec 2023 | £200,666 | £194,500 | APARTMENT 13 WEST END POINT WEST END PARADE |
14 Apr 2023 | £110,059 | £108,000 | APARTMENT 1 20 WEST END PARADE |
31 Mar 2023 | £183,057 | £180,000 | FLAT 4 GARTH HOUSE, 22 WEST END PARADE |
31 Jan 2022 | £169,632 | £160,000 | FLAT 1 VYRNWY, 5 WEST END PARADE |
This house has a floor area of 66 sq meters or 719 sq feet when measured on 13 Oct 2008. Using an estimated price of £347,371 means this house is valued at £5,196 per sq meter (£482 per sq foot).
The average size of a house on WEST END PARADE is 122 sq meters (1,313 sq feet).