£568,083
This estimated value is based upon the latest sale price for the house of £490,000 on 26 Nov 2020. This value is then adjusted by the current Official House Price Index for GWYNEDD 1
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| Price Paid | Date |
|---|---|
| £490,000 | 26 Nov 2020 |
| Detached |
| Freehold |
| Floor Area: 627 sq meters or 6,748 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 2020 the House Price Index for GWYNEDD was 128.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 15.935%.Applying this 15.935% change to the original purchase price of £490,000 results in an estimated price of approximately £568,083.
| 26 Nov 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 128.2 | 148.6 | 15.935 % | £490,000 | £78,083 | £568,083 |
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 | 14.376 % | £70,440 | £560,440 |
| 3 Month Average | 25.747 % | £126,162 | £616,162 |
| 6 Month Average | 7.413 % | £36,325 | £526,325 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Sep 2023 | £167,137 | £165,000 | 15A MENAI VIEW TERRACE |
| 20 Sep 2023 | £293,756 | £290,000 | 15B MENAI VIEW TERRACE |
| 1 Jun 2023 | £126,634 | £125,100 | 1 FIELD STREET |
| 6 Apr 2023 | £117,768 | £116,500 | 6 FIELD STREET |
| 17 Jun 2022 | £304,300 | £300,000 | 14 MENAI VIEW TERRACE |
This house has a floor area of 627 sq meters or 6,748 sq feet when measured on 12 Jan 2018. Using an estimated price of £568,083 means this house is valued at £906 per sq meter (£84 per sq foot).
The average size of a house on MENAI AVENUE is 423 sq meters (4,561 sq feet).
This house is the largest in the street with a floor area of 627 sq meters (6,748 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Menai Avenue |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Menai Avenue |
| Jan 2024 | Anti-social behaviour | On or near Menai Avenue | |
| Jan 2024 | Anti-social behaviour | On or near Menai Avenue | |
| Jan 2024 | Anti-social behaviour | On or near Menai Avenue |