£787,462
This estimated value is based upon the latest sale price for the house of £735,000 on 14 Dec 2021. This value is then adjusted by the current Official House Price Index for GWYNEDD 1
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| Price Paid | Date |
|---|---|
| £735,000 | 14 Dec 2021 |
| £190,000 | 12 Apr 2001 |
| Detached |
| Freehold |
| Floor Area: 131 sq meters or 1,410 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 Mar 2024 is 148.6 which is a change of 7.138%.Applying this 7.138% change to the original purchase price of £735,000 results in an estimated price of approximately £787,462.
| 14 Dec 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 138.7 | 148.6 | 7.138 % | £735,000 | £52,462 | £787,462 |
The Postcode Pricing Model uses changes in average sales price within the LL35 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 | -91.497 % | £-672,502 | £62,497 |
| 3 Month Average | -62.153 % | £-456,823 | £278,176 |
| 6 Month Average | -50.864 % | £-373,849 | £361,150 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Sep 2023 | £192,461 | £190,000 | FLAT 3 NEUADD, 3 TERRACE ROAD |
| 7 Jun 2022 | £1,649,804 | £1,626,489 | PENHELIG ARMS HOTEL |
| 7 Jun 2022 | £1,649,804 | £1,626,489 | PENHELIG ARMS HOTEL TERRACE ROAD |
| 6 Jun 2022 | £542,669 | £535,000 | THE EXCHANGE TERRACE ROAD |
| 8 Apr 2022 | £442,814 | £430,000 | 16 PENHELYG ROAD |
This house has a floor area of 131 sq meters or 1,410 sq feet when measured on 22 Jan 2020. Using an estimated price of £787,462 means this house is valued at £6,011 per sq meter (£558 per sq foot).
The average size of a house on PHILIP AVENUE is 259 sq meters (2,789 sq feet).
This house is the smallest in the street with a floor area of 131 sq meters (1,410 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Public order | Unable to prosecute suspect | On or near Seaview Terrace |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Seaview Terrace |
| Dec 2023 | Criminal damage and arson | Under investigation | On or near Prospect Place |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Parking Area |
| Jan 2024 | Anti-social behaviour | On or near Maesnewydd |