8, Arenig Street
8, Arenig Street
Description & Estimates
8, Arenig Street, Bala is recorded publicly as a period freehold house across 861 ft2 of internal area, sitting on a 66.6 m2 plot.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 8, Arenig Street, Bala is £144,082 and its rental estimate is £809 per month, given the available information and assuming reasonable condition.
Arenig Street, Bala, LL23 falls within the LL23 postal district.
Our Data Sources
8, Arenig Street, Bala has 2 entries in the Land Registry , most recently in January 2020 and a single entry in the EPC database dated August 2019.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high 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 8, Arenig Street, Bala, we estimate a market value of £151,286 and a rental value of £850 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £133,996 and £753 per month respectively.
Recent Market Change
Over the last year, 8, Arenig Street, Bala has seen its estimated sale value move up by £2,616 (1.8%) and its estimated rental value increase by £30 per month (3.7%). This results in an estimated gross rental yield of 6.7%.
Plot Size
HM Land Registry records the plot of land for 8, Arenig Street, Bala as measuring 67 m2.
That makes it the 17th largest plot in the postcode, where 30 of the 39 other houses have recorded plot data.
Energy Efficiency
8, Arenig Street, Bala has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 05 Aug 2019.
The property is connected to mains gas and has mostly double glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 8, Arenig Street, Bala completed on 10th January 2020 at £112,500 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold twice.
Values of comparable properties have risen by 76.0% over the period since January 2020.
- Sold Jan 2020£112,500
- Sold Aug 2008£98,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 8, Arenig Street, Bala have sold within a radius of 8.0 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 24th January 2024, was Rhandir, Arenig Street, Bala, LL23 7AH, a freehold house which sold for £125,000.
Read more about house prices in LL23.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 54 addresses on Arenig Street, Bala, LL23, 8, Arenig Street, Bala comes out as the 26th largest and the 25th most expensive in our analysis of the public data.
It is also £73k less expensive than the average property across the LL23 district.
More reading links
Schools Nearby
Public Transport Nearby
From 8, Arenig Street, Bala, the nearest station is Betws-y-Coed, 24.2 kilometres away.
- 24.2kmBetws-y-Coed
- 24.6kmPont-y-Pant
- 24.6kmBlaenau Ffestiniog
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.
