£294,068
This estimated value is based upon the latest sale price for the house of £200,000 on 15 May 2015. This value is then adjusted by the current Official House Price Index for GWYNEDD 1
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| Price Paid | Date |
|---|---|
| £200,000 | 15 May 2015 |
| Detached |
| Freehold |
| Floor Area: 121 sq meters or 1,302 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 2015 the House Price Index for GWYNEDD was 101.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 47.034%.Applying this 47.034% change to the original purchase price of £200,000 results in an estimated price of approximately £294,068.
| 15 May 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 101.8 | 149.7 | 47.034 % | £200,000 | £94,068 | £294,068 |
The Postcode Pricing Model uses changes in average sales price within the LL55 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 | 0.320 % | £640 | £200,640 |
| 3 Month Average | 46.344 % | £92,688 | £292,688 |
| 6 Month Average | 42.551 % | £85,102 | £285,102 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Aug 2024 | £330,000 | £330,000 | 6 MARINE TERRACE |
| 22 Mar 2024 | £340,227 | £335,000 | 48 CAE GWYN |
| 9 Nov 2023 | £338,595 | £330,000 | 3 MARINE TERRACE |
| 6 Apr 2023 | £387,243 | £380,000 | 40 CAE GWYN |
| 20 Jan 2023 | £481,286 | £480,000 | 14 CAE GWYN |
This house has a floor area of 121 sq meters or 1,302 sq feet when measured on 28 Mar 2014. Using an estimated price of £294,069 means this house is valued at £2,430 per sq meter (£225 per sq foot).
The average size of a house on BANGOR ROAD is 160 sq meters (1,728 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Anti-social behaviour | On or near Parking Area | |
| Sep 2024 | Anti-social behaviour | On or near Parking Area | |
| Aug 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Parking Area |
| Oct 2024 | Public order | Investigation complete; no suspect identified | On or near Cae Bold |
| Oct 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Cae Bold |