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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
According to the public record, 1B Menai Bank, Llanfairfechan is a period leasehold apartment with 1,119 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 1B Menai Bank, Llanfairfechan is £141,730 and the estimated rental value is £900 per month.
The apartment is within 1, Llanfairfechan, LL33.
Llanfairfechan, LL33 is located within the LL33 postal district.
1B Menai Bank, Llanfairfechan has 3 entries in the Land Registry , most recently in May 2022 and a single entry in the EPC database dated November 2021.
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.
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 1B Menai Bank, Llanfairfechan is in very good condition we estimate a sale value of £148,816 and a rental value of £945 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £131,809 and a rental value of £837 per month.
Over the last 12 months the sale value of 1B Menai Bank Llanfairfechan has decreased by an estimated £1,763 (1.2%) and its rental value has increased by an estimated £29 per month (3.2%), giving an expected gross yield of 7.6%.
1B Menai Bank, Llanfairfechan has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 30 Nov 2021.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 1B Menai Bank, Llanfairfechan was last sold on 9th May 2022 for £150,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since May 2022, the market for similar properties has risen 27.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 1B Menai Bank, Llanfairfechan within a radius of 3.1 kilometres over the last 2 years.
The most recent example is 1A Menai Bank, Llanfairfechan, LL33 0AT, a leasehold flat which sold for £152,500 on the 18th October 2024.
Read more about house prices in LL33.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Llanfairfechan, LL33 has a total of 50 addresses. According to our analysis of all the public data, 1B Menai Bank, Llanfairfechan is the 29th largest and the 40th most expensive property on the street.
When compared to the postcode district it is £103k less expensive than the average property in LL33.
The closest station to 1B Menai Bank, Llanfairfechan is Llanfairfechan station which is 400 metres 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.
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The recent census recorded whether a resident owned or rented their home.
In the area around 1B Menai Bank, Llanfairfechan, 41.8% of property is privately owned outright and 29.8% 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 1B Menai Bank, Llanfairfechan, 17.8% of residents are recorded as possessing school level qualifications and 41.7% 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 1B Menai Bank, Llanfairfechan, the average age was 45 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 1B Menai Bank, Llanfairfechan, 1.4% 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 1B Menai Bank, Llanfairfechan, there are an average of 1.3 cars per household.
See below for how this compares to Wales and the rest of England & Wales.
