Flat 16, Rhos Gwyn, 493 Abergele Road, Old Colwyn, Colwyn Bay, LL29 9AE is a leasehold flat built between 1976-1982. The property offers approximately 635 square feet of living space and is situated on the 1st floor. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £105,421 , which equates to approximately £166 per square foot. It was last sold on 6 Jul 2023 for £110,000. Since then, the value has decreased by £4,579, representing a 4.2% decrease, or approximately 1.7% per year.

The current estimated value of £105,421 is:

  • 34.7% lower than the average property price on Abergele Road
  • 5.0% higher than the average in the LL29 9AE postcode area
  • and 58.2% lower than the average price for Colwyn Bay as a whole

This property has had 2 EPC inspections with recorded tenure information. It was recorded as owner-occupied both times. This suggests the property has typically been lived in by its owners, which often reflects longer-term residency and more consistent maintenance.

At the most recent EPC inspection on 31 January 2022, the property was recorded as owner-occupied.

View sold house prices in LL29 9AE

Building approximate location

About Property

Type
Flat
Built
1976-1982
Interior Size
635 sq ft
Tenure
Leasehold
Floor level
1st floor
Price (estimate)
£105,421
Price Per sq ft (estimate)
£166
Bedroom Count (estimate)
1 bedroom

EPC Summary

Flat 16, Rhos Gwyn, 493 Abergele Road, Old Colwyn, Colwyn Bay, Conwy, Clwyd, LL29 9AE has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 31 Jan 2022.

This property uses electric storage heaters as its main heating source. Hot water is provided from off-peak electric immersion heater. The windows are fully double glazed.

The previous EPC assessment was conducted on 7 Jul 2010, when the property was rated E. Since then, the rating has improved to C, with the energy efficiency score increasing by 73.2%.

Since the previous assessment, several changes were observed:

  • The heating system was upgraded from room heaters, electric to electric storage heaters, improving energy efficiency from very poor to average.
  • The hot water energy efficiency improving from poor to average, while the system remained as electric immersion, off-peak.
  • The wall construction or insulation changed from cavity wall, as built, no insulation (assumed) to cavity wall, as built, partial insulation (assumed), improving energy efficiency from poor to average.
  • The lighting was updated from low energy lighting in 14% of fixed outlets to low energy lighting in 43% of fixed outlets, with efficiency improving from poor to average.
Heating Type
Electric storage heaters
Average
Hot Water
Electric immersion, off-peak
Average
Walls
Cavity wall, as built, partial insulation (assumed)
Average
Windows
Fully double glazed
Average
Lighting
Low energy lighting in 43% of fixed outlets
Average

Compared to LL29 9AE

4 th / 34
Price Rank
5% higher than average
3 rd / 28
Size Rank
17% bigger than average
14 th / 28
Price Per Sq FT Rank
11% lower than average

Compared to other properties in LL29 9AE , this flat's estimated value ranks 4th out of 34. Based on price per square foot, it ranks 14th out of 28 properties. In terms of size, this home ranks 3rd out of 28 properties in its postcode area.

Sale History

Today
£105,421
streetscan.co.uk estimate
-4 %
6 Jul 2023
£110,000
Leasehold
+18.9 %
24 May 2005
£92,500
Leasehold
+27.6 %
5 Dec 2003
£72,500
Leasehold
+20.8 %
15 Nov 2002
£60,000
Leasehold
+71.4 %
16 Mar 2001
£35,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 592 sq ft
sale price: £90,000
sale date: 5 Jan 2024
rooms: 3
size: 549 sq ft
sale price: £87,000
sale date: 29 Jul 2022
rooms: 3
size: 581 sq ft
sale price: £115,000
sale date: 28 Jul 2022
rooms: 3
size: 560 sq ft
sale price: £86,000
sale date: 9 Nov 2021
rooms: 3
size: 549 sq ft
sale price: £92,000
sale date: 9 Nov 2021

Data Sources

The property at Flat 16, Rhos Gwyn, 493 Abergele Road, Old Colwyn, Colwyn Bay, LL29 9AE appears five times in the Land Registry records, with the latest transaction recorded on 6 Jul 2023. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 31 Jan 2022. We use this data, to estimate the property's characteristics and current market value.

This website uses public sector information from:

These datasets are licensed under the Open Government Licence v3.0.
This website is not affiliated with or endorsed by HM Land Registry or DLUHC.


Disclaimer: StreetScan.co.uk makes all reasonable efforts to ensure the information provided on this website is current and accurate; however, no warranties or representations are made as to its completeness or accuracy. StreetScan.co.uk expressly disclaims any and all liability for any loss, damage, or expense arising directly or indirectly from the use of, or reliance upon, such information.