£410,939
This estimated value is based upon the latest sale price for the house of £73,000 on 12 May 1995. This value is then adjusted by the current Official House Price Index for GWYNEDD 1
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| Price Paid | Date |
|---|---|
| £73,000 | 12 May 1995 |
| Detached |
| Freehold |
| Floor Area: 124 sq meters or 1,334 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 1995 the House Price Index for GWYNEDD was 26.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 462.931%.Applying this 462.931% change to the original purchase price of £73,000 results in an estimated price of approximately £410,939.
| 12 May 1995 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 26.4 | 148.6 | 462.931 % | £73,000 | £337,939 | £410,939 |
The Postcode Pricing Model uses changes in average sales price within the LL58 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 | 260.599 % | £190,236 | £263,236 |
| 3 Month Average | 488.833 % | £356,848 | £429,848 |
| 6 Month Average | 550.678 % | £401,994 | £474,994 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 Jun 2023 | £197,391 | £195,000 | HERMITAGE COTTAGE ROSEMARY LANE |
| 14 Sep 2022 | £213,278 | £215,000 | FLAT 1 CROFTON HOUSE STEEPLE LANE |
| 15 Jun 2022 | £529,990 | £522,500 | 2 CHAPEL STREET |
| 29 Mar 2022 | £331,604 | £320,000 | TY NI STEEPLE LANE |
| 7 Jan 2022 | £194,695 | £185,000 | 15 ROSEMARY LANE |
This house has a floor area of 124 sq meters or 1,334 sq feet when measured on 6 Sep 2019. Using an estimated price of £410,940 means this house is valued at £3,314 per sq meter (£307 per sq foot).
The average size of a house on NEW STREET is 96 sq meters (1,034 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near New Street |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near New Street |
| Feb 2024 | Anti-social behaviour | On or near B5109 | |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near B5109 |
| Feb 2024 | Burglary | Under investigation | On or near B5109 |