8, Oakwood
8, Oakwood
Description & Estimates
8, Oakwood, Colwyn Bay is recorded publicly as a modern leasehold house across 2,863 ft2 of internal area.
Locally, houses of this size normally have 5 bedrooms with a garden.
Our estimate of the sale value of 8, Oakwood, Colwyn Bay is £785,301 and its rental estimate is £2,842 per month, given the available information and assuming reasonable condition.
Oakwood, Colwyn Bay, LL29 falls within the LL29 postal district.
Our Data Sources
8, Oakwood, Colwyn Bay has a single entry in the Land Registry from November 2015 and a single entry in the EPC database dated June 2015.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low 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, Oakwood, Colwyn Bay, we estimate a market value of £824,566 and a rental value of £2,984 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £730,330 and £2,643 per month respectively.
Recent Market Change
Over the last year, 8, Oakwood, Colwyn Bay has seen its estimated sale value drop by £17,241 (2.2%) and its estimated rental value rise by £2 per month (0.1%). This results in an estimated gross rental yield of 4.3%.
Energy Efficiency
8, Oakwood, Colwyn Bay has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 02 Jun 2015.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 8, Oakwood, Colwyn Bay completed on 16th November 2015 at £500,000 and was recorded by HM Land Registry as a leasehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have risen by 39.0% over the period since November 2015.
- Sold Nov 2015£500,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 8, Oakwood, Colwyn Bay have sold within a radius of 800 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 16th December 2024, was 15, Clos Garddwyr, Colwyn Bay, LL29 7BX, a freehold house which sold for £649,950.
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 13 addresses on Oakwood, Colwyn Bay, LL29, 8, Oakwood, Colwyn Bay comes out as the largest and the most expensive in our analysis of the public data.
It is also £577k more expensive than the average property across the LL29 district.
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Schools Nearby
Public Transport Nearby
From 8, Oakwood, Colwyn Bay, the nearest station is Colwyn Bay, 1.0 kilometres away.
- 1.0kmColwyn Bay
- 4.8kmLlandudno Junction
- 4.8kmGlan Conwy
Available Internet Speeds
Internet coverage here is poor, based on recent Ofcom data, and connectivity may be weak or unavailable.
According to recent data from Ofcom, Slow/none broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
