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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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8A, Palace Street, Caernarfon is described in the public record as a period apartment with 901 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms with a garden.
Our estimate of the sale value of 8A, Palace Street, Caernarfon is £374,998 and its rental estimate is £448 per month, given the available information and assuming reasonable condition.
Palace Street, Caernarfon, LL55 falls within the LL55 postal district.
8A, Palace Street, Caernarfon has no records in the the Land Registry and a single entry in the EPC database dated August 2010.
We combine this information with public data 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.
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 8A, Palace Street, Caernarfon, we estimate a market value of £393,748 and a rental value of £470 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £348,748 and £416 per month respectively.
Over the last year, 8A, Palace Street, Caernarfon has seen its estimated sale value decline by £2,565 (0.7%) and its estimated rental value climb by £17 per month (3.7%). This results in an estimated gross rental yield of 1.4%.
8A, Palace Street, Caernarfon has an Energy Performance Rating (EPC) of G. This is based on the most recent assessment, dated 24 Aug 2010.
The property is not connected to mains gas and has some secondary glazing. It is heated using Room heaters, electric.
Over the past 2 years 3 properties have sold within 790 metres of 8A, Palace Street, Caernarfon, per the Land Registry and our network of Estate Agents.
The latest, on the 15th October 2021, was 15, Palace Street, Caernarfon, LL55 1RR, a freehold house which sold for £115,000.
Read more about house prices in LL55.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 17 addresses on Palace Street, Caernarfon, LL55, 8A, Palace Street, Caernarfon comes out as the 4th largest and the most expensive in our analysis of the public data.
It is also £159k more expensive than the average property across the LL55 district.
From 8A, Palace Street, Caernarfon, the nearest station is Llanfairpwll, 10.0 kilometres away.
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
The flood risk here is rated very low, based on Environment Agency data.
The recent census recorded whether a resident owned or rented their home.
In the area around 8A, Palace Street, Caernarfon, 50.4% of property is privately rented and 18.5% is privately owned with a mortgage.
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 8A, Palace Street, Caernarfon, 15.9% of residents are recorded as possessing school level qualifications and 32.6% 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 8A, Palace Street, Caernarfon, the average age was 43.7 and the most common age was 57.
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 8A, Palace Street, Caernarfon, 0.5% 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 8A, Palace Street, Caernarfon, there are an average of 0.7 cars per household.
See below for how this compares to Wales and the rest of England & Wales.
