According to the public record, 2, Mark Lane, Caernarfon is a modern freehold house with 570 ft2 of internal area and sits on a 110 m2 plot.
Houses of this size in this area normally have 2 bedrooms with a garden.
Mark Lane, Caernarfon, LL55 is located within the LL55 postal district.
2, Mark Lane, Caernarfon has a single entry in the Land Registry database from December 2023 and a single entry in the EPC database dated April 2018.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 2 Mark Lane Caernarfon as £113,583 and the rental value as £492 per month giving an expected gross yield of 5.2%.
Over the last 12 months the sale value of 2 Mark Lane Caernarfon has increased by £3,566 (3.1%) and its rental value has increased by £24 per month (4.9%).
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 2, Mark Lane, Caernarfon is in very good condition we estimate a sale value of £119,262 and rental value of £516 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £105,632 and a rental value of £457 per month.
If you were able to purchase this property for the estimated value of £113,583, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £558 per month.
This figure is only an estimate but we've partnered with Mortgage Advice Bureau who can provide a figure tailored for you! Get started using their mortgage finder below.
According to data from HM Land Registry, 2, Mark Lane, Caernarfon sits on a plot of 110m2.
According to HM Land Registry, 2, Mark Lane, Caernarfon was last sold on 21 Dec 2023 for £105,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Dec 2023, the market for similar properties has risen 6.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Mark Lane, Caernarfon within a radius of 520 metres over the last 2 years.
The most recent example is 42, Chapel Street, Caernarfon, LL55 2PS, a Freehold house which sold for £115,000 in Mar 2024.
Read more about house prices in LL55.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Mark Lane, Caernarfon, LL55 has a total of 2 addresses. According to our analysis of all the public data, 2, Mark Lane, Caernarfon is the largest and the most expensive property on the street.
When compared to the postcode district it is £107k less expensive than the average property in LL55.
2, Mark Lane, Caernarfon has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 18 Apr 2018.
The property is not connected to mains gas and has fully double glazed windows. It is heated using an electric boiler and radiators.
The closest station to 2, Mark Lane, Caernarfon is Llanfairpwll station which is 10.0 kilometres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 2, Mark Lane, Caernarfon, 39.9% of property is privately owned outright and 36.4% is privately owned with a mortgage.
The graph below shows how this compares to Greater London 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 2, Mark Lane, Caernarfon, 12.8% of residents are recorded as possessing school level qualifications and 52.9% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales
The most recent census in 2021 recorded the age of all UK residents.
In the area around 2, Mark Lane, Caernarfon, the average age was 40.4 and the most common age was 32.
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 2, Mark Lane, Caernarfon, 0.7% 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 2, Mark Lane, Caernarfon, there are an average of 1.2 cars per household.
See below for how this compares to Wales and the rest of England & Wales.