22, Meadow Drive
22, Meadow Drive
Description & Estimates
22, Meadow Drive, Porthmadog appears in the public record as a freehold house.
By comparing it to nearby properties, we estimate it to be an early-century house with 1,360 ft2 of internal area and a garden.
Locally, houses of this size normally have 4 bedrooms.
Our estimate of the sale value of 22, Meadow Drive, Porthmadog is £329,746 and its rental estimate is £1,135 per month, given the available information and assuming reasonable condition.
Meadow Drive, Porthmadog, LL49 falls within the LL49 postal district.
Our Data Sources
22, Meadow Drive, Porthmadog has 31 entries in the Land Registry , most recently in May 2018 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the 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 22, Meadow Drive, Porthmadog, we estimate a market value of £346,234 and a rental value of £1,192 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £306,664 and £1,056 per month respectively.
Recent Market Change
Over the last year, 22, Meadow Drive, Porthmadog has seen its estimated sale value drop by £8,960 (2.7%) and its estimated rental value rise by £16 per month (1.4%). This results in an estimated gross rental yield of 4.1%.
Sold Prices
The most recent sale of 22, Meadow Drive, Porthmadog completed on 1st May 2018 at £255,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold 3 times.
Values of comparable properties have risen by 112.5% over the period since May 2018.
- Sold May 2018£255,000
- Sold Jan 2008£275,000
- Sold Mar 2002£73,500
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 22, Meadow Drive, Porthmadog have sold within a radius of 2.0 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 13th March 2024, was 1, Meadow Drive, Porthmadog, LL49 9HU, a freehold house which sold for £300,000.
Read more about house prices in LL49.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 40 addresses on Meadow Drive, Porthmadog, LL49, 22, Meadow Drive, Porthmadog comes out as the 6th largest and the 4th most expensive in our analysis of the public data.
It is also £52k more expensive than the average property across the LL49 district.
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Schools Nearby
Public Transport Nearby
From 22, Meadow Drive, Porthmadog, the nearest station is Porthmadog, 200 metres away.
- 200mPorthmadog
- 3.5kmMinffordd
- 4.7kmPenrhyndeudraeth
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.
