£599,526
This estimated value is based upon the latest sale price for the house of £485,000 on 17 May 2019. This value is then adjusted by the current Official House Price Index for GWYNEDD 1
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| Price Paid | Date |
|---|---|
| £485,000 | 17 May 2019 |
| £365,000 | 29 Jun 2007 |
| £305,000 | 12 Jul 2004 |
| £62,000 | 5 Jun 1995 |
| Detached |
| Freehold |
| Floor Area: 144 sq meters or 1,550 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 May 2019 the House Price Index for GWYNEDD was 120.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.614%.Applying this 23.614% change to the original purchase price of £485,000 results in an estimated price of approximately £599,526.
| 17 May 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.2 | 148.6 | 23.614 % | £485,000 | £114,526 | £599,526 |
The Postcode Pricing Model uses changes in average sales price within the LL30 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 | -2.888 % | £-14,007 | £470,992 |
| 3 Month Average | 6.140 % | £29,777 | £514,777 |
| 6 Month Average | 18.424 % | £89,357 | £574,357 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Sep 2023 | £162,072 | £160,000 | FLAT 5 CRESSINGTON WEST PARADE |
| 25 Jan 2023 | £328,453 | £330,000 | APARTMENT 5 ADMIRAL HOUSE WEST PARADE |
| 16 Jan 2023 | £255,795 | £257,000 | APARTMENT 7 ADMIRAL HOUSE WEST PARADE |
| 14 Apr 2022 | £290,403 | £282,000 | 7 ANGLESEY ROAD |
| 8 Apr 2022 | £139,023 | £135,000 | 26 HAFAN GOGARTH ABBEY ROAD |
This house has a floor area of 144 sq meters or 1,550 sq feet when measured on 12 Feb 2019. Using an estimated price of £599,527 means this house is valued at £4,163 per sq meter (£386 per sq foot).
There is one other house on the street which we know the size of, this is 1 ABBEY PLACE it is 269.24
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Abbey Place | |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Abbey Place |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Abbey Lane |
| Feb 2024 | Anti-social behaviour | On or near Abbey Lane | |
| Feb 2024 | Anti-social behaviour | On or near Abbey Lane |