23, Meadow Drive
23, Meadow Drive
Description & Estimates
Public records show 23, Meadow Drive, Porthmadog to be an early-century freehold house with 1,173 ft2 of internal area, sitting on a 586 m2 plot.
In this area, houses of this size normally have 3 bedrooms with a garden.
23, Meadow Drive, Porthmadog has an estimated sale value of £300,740 and an estimated rental value of £1,066 per month, assuming reasonable condition and based on the information available.
Meadow Drive, Porthmadog, LL49 lies within the LL49 postal district.
Our Data Sources
23, Meadow Drive, Porthmadog has a single entry in the Land Registry from August 2023 and a single entry in the EPC database dated August 2022.
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
In very good condition, we estimate 23, Meadow Drive, Porthmadog would be worth £315,777, with a potential rental value of £1,119 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £279,688, with a rental value of £991 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 23, Meadow Drive, Porthmadog has fallen by £1,639 (0.5%) over the last year. During the same period, its estimated monthly rental value has moved up by £45 (4.2%). The property's estimated gross yield is currently 4.3%.
Plot Size
23, Meadow Drive, Porthmadog occupies a 586 m2 plot as recorded by HM Land Registry.
Of the 20 other houses in this postcode, 11 have recorded plot sizes, and this one ranks as the 2nd largest.
Energy Efficiency
23, Meadow Drive, Porthmadog has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 25 Aug 2022.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
23, Meadow Drive, Porthmadog last changed hands on 18th August 2023, selling for £292,000. The transaction was logged as a freehold house by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has risen by 31.4% since August 2023.
- Sold Aug 2023£292,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 2.0 kilometres of 23, Meadow Drive, Porthmadog across the last 2 years.
Most recently, 12, Meadow Drive, Porthmadog, LL49 9HU, a freehold house, sold at £347,000 on the 26th May 2023.
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
Our analysis of the public data ranks 23, Meadow Drive, Porthmadog as the 22nd largest and the 17th most expensive of the 40 addresses on Meadow Drive, Porthmadog, LL49.
Against the LL49 postcode district average, it is £23k more expensive than the typical property.
More reading links
Schools Nearby
Public Transport Nearby
Porthmadog station is the nearest stop to 23, Meadow Drive, Porthmadog at 200 metres away.
- 200mPorthmadog
- 3.5kmMinffordd
- 4.7kmPenrhyndeudraeth
Available Internet Speeds
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
