4, Iola Drive
4, Iola Drive
Description & Estimates
Public records show 4, Iola Drive, Colwyn Bay to be a mid-century freehold house with 656 ft2 of internal area, sitting on a 264 m2 plot.
In this area, houses of this size normally have 2 bedrooms with a garden.
4, Iola Drive, Colwyn Bay has an estimated sale value of £161,716 and an estimated rental value of £850 per month, assuming reasonable condition and based on the information available.
Iola Drive, Old Colwyn, Colwyn Bay, LL29 lies within the LL29 postal district.
Our Data Sources
4, Iola Drive, Colwyn Bay has 21 entries in the Land Registry , most recently in February 2017 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
In very good condition, we estimate 4, Iola Drive, Colwyn Bay would be worth £169,802, with a potential rental value of £892 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £150,396, with a rental value of £790 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 4, Iola Drive, Colwyn Bay has risen by £2,808 (1.7%) over the last year. During the same period, its estimated monthly rental value has moved up by £35 (4.2%). The property's estimated gross yield is currently 6.3%.
Plot Size
4, Iola Drive, Colwyn Bay occupies a 264 m2 plot as recorded by HM Land Registry.
All 18 other houses in this postcode have recorded plot sizes, and this one ranks as the 9th largest.
Energy Efficiency
4, Iola Drive, Colwyn Bay has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 16 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
4, Iola Drive, Colwyn Bay last changed hands on 17th February 2017, selling for £120,000. The transaction was logged as a freehold house by HM Land Registry.
In total it has sold twice since 1995.
The market for similar properties has risen by 43.8% since February 2017.
- Sold Feb 2017£120,000
- Sold Oct 2000£60,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 720 metres of 4, Iola Drive, Colwyn Bay across the last 2 years.
Most recently, 1, Iola Drive, Colwyn Bay, LL29 9DN, a freehold house, sold at £144,000 on the 29th March 2022.
Read more about house prices in LL29.
•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 4, Iola Drive, Colwyn Bay as the 16th largest and the 18th most expensive of the 18 addresses on Iola Drive, Old Colwyn, Colwyn Bay, LL29.
Against the LL29 postcode district average, it is £46k less expensive than the typical property.
More reading links
Schools Nearby
Public Transport Nearby
Colwyn Bay station is the nearest stop to 4, Iola Drive, Colwyn Bay at 2.5 kilometres away.
- 2.5kmColwyn Bay
- 7.1kmAbergele & Pensarn
- 7.6kmGlan Conwy
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.
