£360,598
This estimated value is based upon the latest sale price for the house of £275,000 on 5 Dec 2016. This value is then adjusted by the current Official House Price Index for GWYNEDD 1
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| Price Paid | Date |
|---|---|
| £275,000 | 5 Dec 2016 |
| £115,000 | 24 Nov 2000 |
| £88,000 | 1 Jul 1997 |
| Detached |
| Freehold |
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 2016 the House Price Index for GWYNEDD was 113.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 31.127%.Applying this 31.127% change to the original purchase price of £275,000 results in an estimated price of approximately £360,598.
| 5 Dec 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 113.3 | 148.6 | 31.127 % | £275,000 | £85,598 | £360,598 |
The Postcode Pricing Model uses changes in average sales price within the LL23 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 | 22.488 % | £61,842 | £336,842 |
| 3 Month Average | 17.503 % | £48,132 | £323,132 |
| 6 Month Average | 59.493 % | £163,604 | £438,604 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Mar 2024 | £120,000 | £120,000 | 37 BLAEN DDOL |
| 3 Nov 2023 | £456,762 | £450,000 | BALA BAKERY INDUSTRIAL ESTATE |
| 31 Aug 2023 | £252,206 | £250,000 | LLUEST |
| 15 Aug 2023 | £88,272 | £87,500 | BRADFORD HOUSE STATION ROAD |
| 30 Jun 2023 | £143,741 | £142,000 | 10 CYSGOD Y COLEG |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Forest Road |