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According to the public record, 7 Oakley Wharf, Porthmadog is a modern leasehold apartment with 1,065 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 7 Oakley Wharf, Porthmadog is £315,787 and the estimated rental value is £1,112 per month.
Porthmadog, LL49 is located within the LL49 postal district.
7 Oakley Wharf, Porthmadog has 21 entries in the Land Registry , most recently in September 2019 and a single entry in the EPC database dated August 2017.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium accuracy.
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 7 Oakley Wharf, Porthmadog is in very good condition we estimate a sale value of £331,577 and a rental value of £1,167 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £293,682 and a rental value of £1,034 per month.
Over the last 12 months the sale value of 7 Oakley Wharf Porthmadog has decreased by an estimated £9,648 (3.1%) and its rental value has increased by an estimated £40 per month (3.6%), giving an expected gross yield of 4.2%.
7 Oakley Wharf, Porthmadog has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 30 Aug 2017.
The property is not connected to mains gas and has some double glazing. It is heated using Room heaters, electric.
According to HM Land Registry, 7 Oakley Wharf, Porthmadog was last sold on 4th September 2019 for £220,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since September 2019, the market for similar properties has dropped 46.2%
According to the Land Registry and our network of Estate Agents, there have been 2 sales of properties similar to 7 Oakley Wharf, Porthmadog within a radius of 2.1 kilometres over the last 2 years.
The most recent example is Flat 3, Wharf House, Porthmadog, LL49 9AS, a leasehold flat which sold for £249,999 on the 5th July 2017.
Read more about house prices in LL49.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Porthmadog, LL49 has a total of 128 addresses. According to our analysis of all the public data, 7 Oakley Wharf, Porthmadog is the 59th largest and the 45th most expensive property on the street.
When compared to the postcode district it is £43k more expensive than the average property in LL49.
The closest station to 7 Oakley Wharf, Porthmadog is Porthmadog station which is 1.0 kilometres away.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 7 Oakley Wharf, Porthmadog, 48.8% of property is privately owned outright and 21.3% is privately rented.
The graph below shows how this compares to Wales and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 7 Oakley Wharf, Porthmadog, 8.3% of residents are recorded as possessing school level qualifications and 41.1% as possessing degree level qualifications.
The graph below shows how this compares to Wales and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 7 Oakley Wharf, Porthmadog, the average age was 47.7 and the most common age was 72.
The graph below shows how this compares to Wales and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 7 Oakley Wharf, Porthmadog, 1.6% of property was a second home.
Comparison figures for Wales and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 7 Oakley Wharf, Porthmadog, there are an average of 0.9 cars per household.
See below for how this compares to Wales and the rest of England & Wales.