Values have been changing and have risen £831 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,364 in last 6 months, £9,621 in last 1 year, £14,472 in last 2 years, £14,685 in last 3 years, £13,865 in last 4 years and £9,095 in last 5 years.
Currently average asking price of a property in Cysgod Y Bryn, Rhos on Sea, Colwyn Bay, LL28 is around £226,416 based on approximately 2 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 Cysgod Y Bryn, Rhos on Sea, Colwyn Bay, LL28 is £142,294. Average asking price is £226,416 while average price paid is £112,000 which is up by £9,621 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 Cysgod Y Bryn, Rhos on Sea, Colwyn Bay, LL28 area. In last 1 year alone average price buyer paid is around £112,000 based on approximately 2 sales in Cysgod Y Bryn, Rhos on Sea, Colwyn Bay, LL28 area alone. If you compare it to last 3 years sales of 4 properties where buyers paid around £118,000. It has been same for some time now for e.g. if you take an average of amount paid in last 5 years, it comes to around £116,118 for 11 and average amount paid for purchase of approx. 65 properties sold in last 7 years comes to about £119,907 per sale.