59, Groes Road
59, Groes Road
Description & Estimates
59, Groes Road, Colwyn Bay appears in the public record as a freehold house sitting on a 252 m2 plot.
By comparing it to nearby properties, we estimate it to be a mid-century house with 1,399 ft2 of internal area and a garden.
Locally, houses of this size normally have 4 bedrooms.
Our estimate of the sale value of 59, Groes Road, Colwyn Bay is £249,442 and its rental estimate is £1,128 per month, given the available information and assuming reasonable condition.
Groes Road, Colwyn Bay, LL29 falls within the LL29 postal district.
Our Data Sources
59, Groes Road, Colwyn Bay has 31 entries in the Land Registry , most recently in March 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 59, Groes Road, Colwyn Bay, we estimate a market value of £261,914 and a rental value of £1,184 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £231,981 and £1,049 per month respectively.
Recent Market Change
Over the last year, 59, Groes Road, Colwyn Bay has seen its estimated sale value move down by £2,797 (1.1%) and its estimated rental value increase by £14 per month (1.2%). This results in an estimated gross rental yield of 5.4%.
Plot Size
HM Land Registry records the plot of land for 59, Groes Road, Colwyn Bay as measuring 252 m2.
That makes it the 8th largest plot in the postcode, where 10 of the 25 other houses have recorded plot data.
Sold Prices
The most recent sale of 59, Groes Road, Colwyn Bay completed on 9th March 2018 at £175,000 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 35.4% over the period since March 2018.
- Sold Mar 2018£175,000
- Sold May 2009£145,000
- Sold Nov 2002£90,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 59, Groes Road, Colwyn Bay have sold within a radius of 880 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 30th August 2024, was 26, Glyn Avenue, Colwyn Bay, LL29 8RB, a freehold house which sold for £260,000.
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
Of the 66 addresses on Groes Road, Colwyn Bay, LL29, 59, Groes Road, Colwyn Bay comes out as the 8th largest and the 14th most expensive in our analysis of the public data.
It is also £41k more expensive than the average property across the LL29 district.
More reading links
Schools Nearby
Public Transport Nearby
From 59, Groes Road, Colwyn Bay, the nearest station is Colwyn Bay, 1.3 kilometres away.
- 1.3kmColwyn Bay
- 5.8kmGlan Conwy
- 6.2kmLlandudno Junction
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.
