£686,225
This estimated value is based upon the latest sale price for the house of £455,000 on 22 Oct 2014. This value is then adjusted by the current Official House Price Index for GWYNEDD 1
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| Price Paid | Date |
|---|---|
| £455,000 | 22 Oct 2014 |
| £110,000 | 31 Mar 1995 |
| Detached |
| Freehold |
| Floor Area: 238 sq meters or 2,571 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 2014 the House Price Index for GWYNEDD was 99.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 50.819%.Applying this 50.819% change to the original purchase price of £455,000 results in an estimated price of approximately £686,225.
| 22 Oct 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 99.3 | 149.7 | 50.819 % | £455,000 | £231,225 | £686,225 |
The Postcode Pricing Model uses changes in average sales price within the LL30 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 | 26.162 % | £119,036 | £574,036 |
| 3 Month Average | 36.139 % | £164,430 | £619,430 |
| 6 Month Average | 30.576 % | £139,121 | £594,121 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Sep 2023 | £644,201 | £630,000 | 2 BRYN Y BIA ROAD |
| 8 Aug 2023 | £482,706 | £474,000 | 1 HILLSIDE |
| 21 Oct 2022 | £244,184 | £245,000 | 14 BRYN Y BIA HEIGHTS BRYN Y BIA ROAD |
| 18 Aug 2022 | £231,081 | £230,000 | APARTMENT 5 BRYN Y BIA LODGE BRYN Y BIA ROAD |
| 13 Apr 2022 | £233,420 | £225,000 | 3 BRYN Y BIA HEIGHTS BRYN Y BIA ROAD |
This house has a floor area of 238 sq meters or 2,571 sq feet when measured on 3 Apr 2010. Using an estimated price of £686,226 means this house is valued at £2,872 per sq meter (£266 per sq foot).
The average size of a house on COLWYN ROAD is 186 sq meters (2,010 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Colwyn Road |
| Apr 2024 | Other theft | Investigation complete; no suspect identified | On or near Colwyn Road |
| Jun 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Bodafon Road |
| Jun 2024 | Anti-social behaviour | On or near Hendwr Lane | |
| Jun 2024 | Anti-social behaviour | On or near Hendwr Lane |