1A Menai Bank, Llanfairfechan
1A Menai Bank, Llanfairfechan
Description & Estimates
According to the public record, 1A Menai Bank, Llanfairfechan is a period leasehold apartment with 1,184 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 1A Menai Bank, Llanfairfechan is £145,326 and the estimated rental value is £853 per month.
The apartment is within 1, Abergwyngregyn, Llanfairfechan, LL33.
Abergwyngregyn, Llanfairfechan, LL33 is located within the LL33 postal district.
Our Data Sources
1A Menai Bank, Llanfairfechan has 2 entries in the Land Registry , most recently in October 2024 and a single entry in the EPC database dated November 2023.
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
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 1A Menai Bank, Llanfairfechan is in very good condition we estimate a sale value of £152,592 and a rental value of £896 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £135,153 and a rental value of £794 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 1A Menai Bank, Llanfairfechan has decreased by £1,487 (1.0%), while its estimated rental value has grown by £21 per month (2.5%). Based on current estimates, the property offers a gross rental yield of 7.0%.
Energy Efficiency
1A Menai Bank, Llanfairfechan has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 14 Nov 2023.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
According to HM Land Registry, 1A Menai Bank, Llanfairfechan was last sold on 18th October 2024 for £152,500 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since October 2024, the market for similar properties has risen by 30.9%.
- Sold Oct 2024£152,500
- Sold Aug 2014£145,000
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 1A Menai Bank, Llanfairfechan within a radius of 3.1 kilometres over the last 2 years.
The most recent example is 1B Menai Bank, Llanfairfechan, LL33 0AT, a leasehold flat which sold for £150,000 on the 9th May 2022.
Read more about house prices in LL33.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Abergwyngregyn, Llanfairfechan, LL33 has a total of 169 addresses. According to our analysis of all the public data, 1A Menai Bank, Llanfairfechan is the 68th largest and the 147th most expensive property on the street.
When compared to the postcode district it is £102k less expensive than the average property in LL33.
More reading links
Schools Nearby
Public Transport Nearby
The closest station to 1A Menai Bank, Llanfairfechan is Llanfairfechan station, which is 400 metres away.
- 400mLlanfairfechan
- 4.0kmPenmaenmawr
- 10.2kmConwy
Available Internet Speeds
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.
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
