£393,947
This estimated value is based upon the latest sale price for the house of £385,000 on 12 Oct 2023. This value is then adjusted by the current Official House Price Index for GWYNEDD 1
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Price Paid | Date |
---|---|
£385,000 | 12 Oct 2023 |
£250,000 | 10 Jun 2019 |
Freehold |
Floor Area: 388 sq meters or 4,176 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 October 2023 the House Price Index for GWYNEDD was 146.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.324%.Applying this 2.324% change to the original purchase price of £385,000 results in an estimated price of approximately £393,947.
12 Oct 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
146.3 | 149.7 | 2.324 % | £385,000 | £8,947 | £393,947 |
The Postcode Pricing Model uses changes in average sales price within the LL42 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 | 206.045 % | £793,272 | £1,178,272 |
3 Month Average | 17.286 % | £66,550 | £451,550 |
6 Month Average | 3.849 % | £14,819 | £399,819 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
7 Dec 2023 | £324,986 | £315,000 | 2 MARINE PARADE |
18 Oct 2023 | £81,859 | £80,000 | FLAT 1 CARDIGAN VIEW, 18 MARINE PARADE |
12 Oct 2023 | £393,947 | £385,000 | BELMONT HOUSE MARINE PARADE |
31 Aug 2023 | £183,306 | £180,000 | APARTMENT 5 12D MARINE PARADE |
10 Aug 2023 | £305,510 | £300,000 | HAZELDENE PARK ROAD |
This house has a floor area of 388 sq meters or 4,176 sq feet when measured on 21 Nov 2018. Using an estimated price of £393,947 means this house is valued at £1,015 per sq meter (£94 per sq foot).
The average size of a house on MARINE PARADE is 167 sq meters (1,803 sq feet).
This house is the largest in the street with a floor area of 388 sq meters (4,176 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Anti-social behaviour | On or near Parking Area | |
May 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near Parking Area |
May 2024 | Other theft | Investigation complete; no suspect identified | On or near Parking Area |
Jun 2024 | Possession of weapons | Under investigation | On or near Barmouth |
Jun 2024 | Possession of weapons | Under investigation | On or near Barmouth |