£384,323
This estimated value is based upon the latest sale price for the house of £245,000 on 17 Apr 2014. This value is then adjusted by the current Official House Price Index for GWYNEDD 1
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| Price Paid | Date |
|---|---|
| £245,000 | 17 Apr 2014 |
| £98,000 | 14 Aug 1997 |
| Detached |
| Freehold |
| Floor Area: 80 sq meters or 869 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 April 2014 the House Price Index for GWYNEDD was 95.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 56.867%.Applying this 56.867% change to the original purchase price of £245,000 results in an estimated price of approximately £384,323.
| 17 Apr 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 95.4 | 149.7 | 56.867 % | £245,000 | £139,323 | £384,323 |
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 | -4.643 % | £-11,374 | £233,625 |
| 3 Month Average | 48.300 % | £118,334 | £363,334 |
| 6 Month Average | 37.284 % | £91,345 | £336,345 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Dec 2023 | £305,384 | £296,000 | OAKFIELD |
| 23 Oct 2023 | £219,997 | £215,000 | 44 TAN Y FOEL |
| 20 Sep 2023 | £219,846 | £215,000 | 33 TAN Y FOEL |
| 31 Aug 2023 | £218,949 | £215,000 | 10 GLYN TERRACE |
| 10 Aug 2023 | £285,143 | £280,000 | 20 TAN Y FOEL |
This house has a floor area of 80 sq meters or 869 sq feet when measured on 21 May 2011. Using an estimated price of £384,323 means this house is valued at £4,758 per sq meter (£442 per sq foot).
The average size of a house on MORFA BYCHAN ROAD is 177 sq meters (1,914 sq feet).
This house is the smallest in the street with a floor area of 80 sq meters (869 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Anti-social behaviour | On or near Borth Road | |
| Jun 2024 | Anti-social behaviour | On or near Garth Road | |
| Jun 2024 | Anti-social behaviour | On or near Garth Road | |
| Jun 2024 | Public order | Unable to prosecute suspect | On or near Garth Road |
| Jun 2024 | Public order | Unable to prosecute suspect | On or near Garth Road |