1, Meadow Drive
1, Meadow Drive
Description & Estimates
1, Meadow Drive, Porthmadog is recorded publicly as an early-century freehold house across 1,399 ft2 of internal area, sitting on a 632 m2 plot.
Locally, houses of this size normally have 4 bedrooms with a garden.
Our estimate of the sale value of 1, Meadow Drive, Porthmadog is £306,573 and its rental estimate is £1,157 per month, given the available information and assuming reasonable condition.
Meadow Drive, Porthmadog, LL49 falls within the LL49 postal district.
Our Data Sources
1, Meadow Drive, Porthmadog has a single entry in the Land Registry from March 2024 and a single entry in the EPC database dated November 2015.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium accuracy.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 1, Meadow Drive, Porthmadog, we estimate a market value of £321,902 and a rental value of £1,214 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £285,113 and £1,076 per month respectively.
Recent Market Change
Over the last year, 1, Meadow Drive, Porthmadog has seen its estimated sale value decrease by £8,330 (2.7%) and its estimated rental value grow by £16 per month (1.4%). This results in an estimated gross rental yield of 4.5%.
Plot Size
HM Land Registry records the plot of land for 1, Meadow Drive, Porthmadog as measuring 632 m2.
That makes it the largest plot in the postcode, where 8 of the 20 other houses have recorded plot data.
Energy Efficiency
1, Meadow Drive, Porthmadog has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 06 Nov 2015.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 1, Meadow Drive, Porthmadog completed on 13th March 2024 at £300,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have risen by 58.8% over the period since March 2024.
- Sold Mar 2024£300,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 1, Meadow Drive, Porthmadog have sold within a radius of 1.9 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 26th May 2023, was 12, Meadow Drive, Porthmadog, LL49 9HU, a freehold house which sold for £347,000.
Read more about house prices in LL49.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 40 addresses on Meadow Drive, Porthmadog, LL49, 1, Meadow Drive, Porthmadog comes out as the 5th largest and the 13th most expensive in our analysis of the public data.
It is also £29k more expensive than the average property across the LL49 district.
More reading links
Schools Nearby
Public Transport Nearby
From 1, Meadow Drive, Porthmadog, the nearest station is Porthmadog, 200 metres away.
- 200mPorthmadog
- 3.5kmMinffordd
- 4.8kmPenrhyndeudraeth
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
