The Ark, Porthmadog
The Ark, Porthmadog
Description & Estimates
The Ark, Porthmadog is recorded publicly as a period freehold house across 893 ft2 of internal area, sitting on a 624 m2 plot.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of The Ark, Porthmadog is £246,327 and its rental estimate is £1,011 per month, given the available information and assuming reasonable condition.
Morfa Bychan, Porthmadog, LL49 falls within the LL49 postal district.
Our Data Sources
The Ark, Porthmadog has a single entry in the Land Registry from September 2019 and a single entry in the EPC database dated February 2019.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 out of 5 and is considered of high 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 The Ark, Porthmadog, we estimate a market value of £258,643 and a rental value of £1,062 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £229,084 and £940 per month respectively.
Recent Market Change
Over the last year, The Ark, Porthmadog has seen its estimated sale value fall by £1,342 (0.5%) and its estimated rental value move up by £43 per month (4.2%). This results in an estimated gross rental yield of 4.9%.
Plot Size
HM Land Registry records the plot of land for The Ark, Porthmadog as measuring 624 m2.
That makes it the 14th largest plot in the postcode, where 29 of the 51 other houses have recorded plot data.
Energy Efficiency
The Ark, Porthmadog has an Energy Performance Rating (EPC) of G. This is based on the most recent assessment, dated 28 Feb 2019.
The property is not connected to mains gas and has single glazed windows. It is heated using Room heaters, dual fuel (mineral and wood).
Sold Prices
The most recent sale of The Ark, Porthmadog completed on 13th September 2019 at £162,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have risen by 12.3% over the period since September 2019.
- Sold Sep 2019£162,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to The Ark, Porthmadog have sold within a radius of 3.1 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 25th November 2024, was Gorwel, Porthmadog, LL49 9YD, a freehold house which sold for £210,000.
Read more about house prices in LL49.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 277 addresses on Morfa Bychan, Porthmadog, LL49, The Ark, Porthmadog comes out as the 169th largest and the 157th most expensive in our analysis of the public data.
It is also £31k less expensive than the average property across the LL49 district.
More reading links
Schools Nearby
Public Transport Nearby
From The Ark, Porthmadog, the nearest station is Porthmadog, 3.0 kilometres away.
- 3.0kmPorthmadog
- 4.6kmCriccieth
- 5.9kmMinffordd
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.
