£240,086
This estimated value is based upon the latest sale price for the house of £225,000 on 8 Dec 2021. This value is then adjusted by the current Official House Price Index for GWYNEDD 1
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| Price Paid | Date |
|---|---|
| £225,000 | 8 Dec 2021 |
| £95,000 | 14 May 2018 |
| £130,000 | 23 Dec 2009 |
| £38,000 | 18 May 1998 |
| Terraced |
| Freehold |
| Floor Area: 140 sq meters or 1,506 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 December 2021 the House Price Index for GWYNEDD was 138.7.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 6.705%.Applying this 6.705% change to the original purchase price of £225,000 results in an estimated price of approximately £240,086.
| 8 Dec 2021 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 138.7 | 148.0 | 6.705 % | £225,000 | £15,086 | £240,086 |
The Postcode Pricing Model uses changes in average sales price within the LL49 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 | -4.530 % | £-10,191 | £214,808 |
| 3 Month Average | 4.372 % | £9,838 | £234,838 |
| 6 Month Average | -6.052 % | £-13,617 | £211,382 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Mar 2024 | £122,915 | £122,500 | CLYDFAN, 11A CHAPEL STREET |
| 3 Nov 2023 | £139,541 | £137,750 | 2 DORA STREET |
| 17 Aug 2023 | £191,162 | £190,000 | 11 TERRACE ROAD |
| 21 Jul 2023 | £86,821 | £86,000 | 12 OSMOND LANE |
| 20 May 2022 | £135,007 | £133,000 | 15 TERRACE ROAD |
This house has a floor area of 140 sq meters or 1,506 sq feet when measured on 2 May 2012. Using an estimated price of £240,087 means this house is valued at £1,714 per sq meter (£159 per sq foot).
The average size of a house on BANK PLACE is 134 sq meters (1,446 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Public order | Under investigation | On or near Shopping Area |
| Jan 2024 | Public order | Under investigation | On or near Shopping Area |
| Jan 2024 | Public order | Under investigation | On or near Shopping Area |
| Mar 2024 | Anti-social behaviour | On or near Terrace Road | |
| Mar 2024 | Anti-social behaviour | On or near Terrace Road |