22, Terrace Road
22, Terrace Road
Description & Estimates
22, Terrace Road, Porthmadog is recorded publicly as a period freehold house across 753 ft2 of internal area, sitting on a 111 m2 plot.
Locally, houses of this size normally have 2 bedrooms with a garden.
Our estimate of the sale value of 22, Terrace Road, Porthmadog is £138,311 and its rental estimate is £737 per month, given the available information and assuming reasonable condition.
Terrace Road, Porthmadog, LL49 falls within the LL49 postal district.
Our Data Sources
22, Terrace Road, Porthmadog has 2 entries in the Land Registry , most recently in July 2021 and a single entry in the EPC database dated October 2020.
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 22, Terrace Road, Porthmadog, we estimate a market value of £145,226 and a rental value of £774 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £128,629 and £685 per month respectively.
Recent Market Change
Over the last year, 22, Terrace Road, Porthmadog has seen its estimated sale value increase by £1,113 (0.8%) and its estimated rental value grow by £40 per month (5.4%). This results in an estimated gross rental yield of 6.4%.
Plot Size
HM Land Registry records the plot of land for 22, Terrace Road, Porthmadog as measuring 111 m2.
That makes it the 6th largest plot in the postcode, where 13 of the 15 other houses have recorded plot data.
Energy Efficiency
22, Terrace Road, Porthmadog has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 16 Oct 2020.
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 22, Terrace Road, Porthmadog completed on 22nd July 2021 at £159,950 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold twice.
Values of comparable properties have dropped by 11.8% over the period since July 2021.
- Sold Jul 2021£159,950
- Sold Aug 2010£83,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 22, Terrace Road, Porthmadog have sold within a radius of 1.8 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 4th September 2024, was 9, Osmond Lane, Porthmadog, LL49 9AL, a freehold house which sold for £139,000.
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 16 addresses on Terrace Road, Porthmadog, LL49, 22, Terrace Road, Porthmadog comes out as the 12th largest and the 12th most expensive in our analysis of the public data.
It is also £139k less expensive than the average property across the LL49 district.
More reading links
Schools Nearby
Public Transport Nearby
From 22, Terrace Road, Porthmadog, the nearest station is Porthmadog, 700 metres away.
- 700mPorthmadog
- 3.2kmMinffordd
- 4.5kmPenrhyndeudraeth
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.
