£99,400
This estimated value is based upon the latest sale price for the house of £80,000 on 5 Jul 2019. This value is then adjusted by the current Official House Price Index for GWYNEDD 1
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| Price Paid | Date |
|---|---|
| £80,000 | 5 Jul 2019 |
| Terraced |
| Freehold |
| Floor Area: 74 sq meters or 796 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 2019 the House Price Index for GWYNEDD was 120.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.250%.Applying this 24.250% change to the original purchase price of £80,000 results in an estimated price of approximately £99,400.
| 5 Jul 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.5 | 149.7 | 24.250 % | £80,000 | £19,400 | £99,400 |
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 | 98.856 % | £79,084 | £159,084 |
| 3 Month Average | 20.737 % | £16,589 | £96,589 |
| 6 Month Average | 27.084 % | £21,667 | £101,667 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Jun 2024 | £43,000 | £43,000 | PWLLHELI SEAFOODS LTD |
| 8 Mar 2024 | £58,905 | £58,000 | FLAT 3 KINGSLEY EMBANKMENT ROAD |
| 29 Sep 2023 | £189,170 | £185,000 | GORFFWYSFA VICTORIA PARADE |
| 9 Feb 2023 | £120,807 | £120,000 | 67 MORFA'R GARREG |
| 26 Aug 2022 | £251,174 | £250,000 | MEINI GWYNION MANOR AVENUE |
This house has a floor area of 74 sq meters or 796 sq feet when measured on 1 Jun 2019. Using an estimated price of £99,400 means this house is valued at £1,343 per sq meter (£124 per sq foot).
The average size of a house on MORFA'R GARREG is 96 sq meters (1,042 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Morfa'R Garreg |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Morfa'R Garreg |
| Apr 2024 | Anti-social behaviour | On or near Morfa'R Garreg | |
| Apr 2024 | Anti-social behaviour | On or near Morfa'R Garreg | |
| Apr 2024 | Anti-social behaviour | On or near Morfa'R Garreg |