Average Price for property in Cherry Tree Lane, Colwyn Bay, LL28 is around £319,030 which varies based on type of property you are interested in and ranges from £339,186 for detached house to around £218,251 for semi-detached. Values have been changing and have risen £1,861 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £3,055 in last 6 months, £21,564 in last 1 year, £32,433 in last 2 years, £32,901 in last 3 years, £31,058 in last 4 years and £20,362 in last 5 years.
Currently average asking price of a property in Cherry Tree Lane, Colwyn Bay, LL28 is around £226,944 based on approximately 0 properties for sale. Same is the case with rental options based on 12 properties up for rent, average asking rent is around £498 per month.
Estimated property value in Cherry Tree Lane, Colwyn Bay, LL28 is £319,030. Average asking price is £226,944 while average price paid is £205,000 which is up by £32,901 and Avg. asking rent £498.Based on an Online Survey
Buyers are willing to pay high dollar prices to grab these properties because of the recent trend in real estate investment especially in Cherry Tree Lane, Colwyn Bay, LL28 area. In last 3 years alone average price buyer paid is around £205,000 based on approximately 2 sales in Cherry Tree Lane, Colwyn Bay, LL28 area alone. If you compare it to last 5 years sales of 9 properties where buyers paid around £276,111. It has been same for some time now for e.g. if you take an average of amount paid in last 7 years, it comes to around £261,376 for 11 per sale.