£159,256
This estimated value is based upon the latest sale price for the house of £124,000 on 18 Jul 2017. This value is then adjusted by the current Official House Price Index for GWYNEDD 1
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Price Paid | Date |
---|---|
£124,000 | 18 Jul 2017 |
£28,000 | 24 Aug 1998 |
Flats/Maisonettes |
Leasehold |
Floor Area: 81 sq meters or 871 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 2017 the House Price Index for GWYNEDD was 116.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 28.433%.Applying this 28.433% change to the original purchase price of £124,000 results in an estimated price of approximately £159,256.
18 Jul 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
116.6 | 149.7 | 28.433 % | £124,000 | £35,256 | £159,256 |
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 | 163.703 % | £202,991 | £326,991 |
3 Month Average | 45.474 % | £56,387 | £180,387 |
6 Month Average | 32.037 % | £39,725 | £163,725 |
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 81 sq meters or 871 sq feet when measured on 11 Jul 2016. Using an estimated price of £159,256 means this house is valued at £1,966 per sq meter (£182 per sq foot).
The average size of a house on WEST END PARADE is 122 sq meters (1,313 sq feet).