£253,097
This estimated value is based upon the latest sale price for the house of £45,000 on 1 Feb 1995. This value is then adjusted by the current Official House Price Index for GWYNEDD 1
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Price Paid | Date |
---|---|
£45,000 | 1 Feb 1995 |
Flats/Maisonettes |
Leasehold |
Floor Area: 163 sq meters or 1,754 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 February 1995 the House Price Index for GWYNEDD was 26.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 462.439%.Applying this 462.439% change to the original purchase price of £45,000 results in an estimated price of approximately £253,097.
1 Feb 1995 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
26.6 | 149.7 | 462.439 % | £45,000 | £208,097 | £253,097 |
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 | 202.395 % | £91,077 | £136,077 |
3 Month Average | 286.445 % | £128,900 | £173,900 |
6 Month Average | 311.679 % | £140,255 | £185,255 |
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 163 sq meters or 1,754 sq feet when measured on 4 Jun 2018. Using an estimated price of £253,098 means this house is valued at £1,552 per sq meter (£144 per sq foot).
The average size of a house on MENAI AVENUE is 423 sq meters (4,561 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Violence and sexual offences | Under investigation | On or near Menai Avenue |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Victoria Drive |
May 2024 | Anti-social behaviour | On or near Victoria Park | |
May 2024 | Anti-social behaviour | On or near Victoria Park | |
May 2024 | Anti-social behaviour | On or near Victoria Park |