£169,338
This estimated value is based upon the latest sale price for the house of £137,000 on 30 Sep 2019. This value is then adjusted by the current Official House Price Index for GWYNEDD 1
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Price Paid | Date |
---|---|
£137,000 | 30 Sep 2019 |
Terraced |
Freehold |
Floor Area: 189 sq meters or 2,034 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 September 2019 the House Price Index for GWYNEDD was 121.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.605%.Applying this 23.605% change to the original purchase price of £137,000 results in an estimated price of approximately £169,338.
30 Sep 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
121.1 | 149.7 | 23.605 % | £137,000 | £32,338 | £169,338 |
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 | 63.049 % | £86,377 | £223,377 |
3 Month Average | 21.504 % | £29,460 | £166,460 |
6 Month Average | 22.127 % | £30,313 | £167,313 |
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 189 sq meters or 2,034 sq feet when measured on 14 Sep 2016. Using an estimated price of £169,338 means this house is valued at £895 per sq meter (£83 per sq foot).
The average size of a house on RECREATION ROAD is 203 sq meters (2,191 sq feet).
This house is the largest in the street with a floor area of 189 sq meters (2,034 sq feet).