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According to the public record, 2 Erw Gron, Bangor is a modern leasehold apartment with 1,054 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 2 Erw Gron, Bangor is £154,085 and the estimated rental value is £756 per month.
The apartment is within 2, Bethesda, Bangor, LL57.
Bethesda, Bangor, LL57 is located within the LL57 postal district.
2 Erw Gron, Bangor has 4 entries in the Land Registry , most recently in March 2015 and a single entry in the EPC database dated January 2020.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium accuracy.
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 2 Erw Gron, Bangor is in very good condition we estimate a sale value of £161,790 and a rental value of £794 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £143,299 and a rental value of £703 per month.
Over the last 12 months the sale value of 2 Erw Gron Bangor has decreased by an estimated £1,481 (1.0%) and its rental value has increased by an estimated £30 per month (3.9%), giving an expected gross yield of 5.9%.
2 Erw Gron, Bangor has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 11 Jan 2020.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 2 Erw Gron, Bangor was last sold on 13th March 2015 for £120,000 and was recorded as a leasehold flat.
The property has had 4 sales since 1995.
Since March 2015, the market for similar properties has risen 36.9%
According to the Land Registry and our network of Estate Agents, there have been 1 sale of a property similar to 2 Erw Gron, Bangor within a radius of 1.5 kilometres over the last 2 years.
The most recent example is 4 Erw Gron, Bangor, LL57 3NU, a leasehold flat which sold for £136,500 on the 31st January 2013.
Read more about house prices in LL57.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Bethesda, Bangor, LL57 has a total of 33 addresses. According to our analysis of all the public data, 2 Erw Gron, Bangor is the 21st largest and the 26th most expensive property on the street.
When compared to the postcode district it is £41k less expensive than the average property in LL57.
The closest station to 2 Erw Gron, Bangor is Bangor (Gwynedd) station which is 7.1 kilometres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
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The recent census recorded whether a resident owned or rented their home.
In the area around 2 Erw Gron, Bangor, 37.8% of property is privately owned outright and 28.6% is socially rented.
The graph below shows how this compares to Wales and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 2 Erw Gron, Bangor, 22.8% of residents are recorded as possessing school level qualifications and 32.8% as possessing degree level qualifications.
The graph below shows how this compares to Wales and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 2 Erw Gron, Bangor, the average age was 41.6 and the most common age was 52.
The graph below shows how this compares to Wales and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 2 Erw Gron, Bangor, 0.0% of property was a second home.
Comparison figures for Wales and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 2 Erw Gron, Bangor, there are an average of 1.0 cars per household.
See below for how this compares to Wales and the rest of England & Wales.
