Flat 3, The Old Factory
Flat 3, The Old Factory
Description & Estimates
Flat 3, The Old Factory, Llanfairfechan is recorded publicly as a modern leasehold apartment across 788 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of Flat 3, The Old Factory, Llanfairfechan is £253,070 and its rental estimate is £1,127 per month, given the available information and assuming reasonable condition.
The Old Factory, Bryn Road is a residential building on Bryn Road, Llanfairfechan, LL33 and falls within the LL33 postal district.
Our Data Sources
Flat 3, The Old Factory, Llanfairfechan has 2 entries in the Land Registry , most recently in December 2018 and a single entry in the EPC database dated February 2011.
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 Flat 3, The Old Factory, Llanfairfechan, we estimate a market value of £265,723 and a rental value of £1,184 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £235,355 and £1,048 per month respectively.
Recent Market Change
Over the last year, Flat 3, The Old Factory, Llanfairfechan has seen its estimated sale value drop by £673 (0.3%) and its estimated rental value rise by £30 per month (2.7%). This results in an estimated gross rental yield of 5.3%.
Energy Efficiency
Flat 3, The Old Factory, Llanfairfechan has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 18 Feb 2011.
The property is 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 Flat 3, The Old Factory, Llanfairfechan completed on 7th December 2018 at £102,500 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold twice.
Values of comparable properties have risen by 24.2% over the period since December 2018.
- Sold Dec 2018£102,500
- Sold Jul 2014£108,000
Similar Properties Sold Nearby
Over the past 2 years 1 property similar to Flat 3, The Old Factory, Llanfairfechan has sold within a radius of 3.0 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 5th April 2024, was Flat 1, The Old Factory, Bryn Road, Llanfairfechan, LL33 0SA, a leasehold flat which sold for £250,000.
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
Of the 30 addresses on Bryn Road, Llanfairfechan, LL33, Flat 3, The Old Factory, Llanfairfechan comes out as the 17th largest and the 6th most expensive in our analysis of the public data.
It is also £6k more expensive than the average property across the LL33 district.
More reading links
Schools Nearby
Public Transport Nearby
From Flat 3, The Old Factory, Llanfairfechan, the nearest station is Llanfairfechan, 900 metres away.
- 900mLlanfairfechan
- 3.9kmPenmaenmawr
- 10.0kmConwy
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.
