Tenby

Area Guide For Tenby

Tenby (Welsh: Dinbych-y-Pysgod, meaning little town of the fishes or little fortress of the fish) is a walled seaside town in Pembrokeshire, South West Wales, on the west side of Carmarthen Bay. Notable features of Tenby include 2.5 miles (4.0 km) of sandy beaches; the 13th century medieval town walls, including the Five Arches barbican gatehouse ; 15th century St. Mary's Church; the Tudor Merchant's House (National Trust); a museum with art gallery; and the Pembrokeshire Coast Path, part of Wales' only coastal National Park. Boats sail from Tenby's harbour to the offshore monastic Caldey Island, while St Catherine's Island is linked to the town at low tide. The town is served by Tenby railway station. With its strategic position on the far west coast of the British Isles, and a natural sheltered harbour from both the Atlantic Ocean and the Irish Sea, Tenby was a natural settlement point. The earliest reference to a settlement at Tenby is in Etmic Dinbych, a poem probably of 9th century date, preserved in the 14th century Book of Taliesin. At this point the settlement was likely a hill fort, the mercantile nature of the settlement possibly developing under Hiberno-Norse influence.
 
 

Tenby Map

Estimated Price: £230,421
Average Asking Price: £283,387
Price change in last one year: £14,361
Average Price Paid: £209,388
Average Rent Rates: £1,406

 
 

Property Prices Breakdown in Tenby

Average Price for property in Tenby is around £230,421 which varies based on type of property you are interested in and ranges from £294,019 for detached house to around £181,751 for semi-detached. Similarly terraced house is around £215,997 and a flat is worth £173,623. Values have been changing and have risen £484 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,332 in last 6 months, £14,361 in last 1 year, £13,480 in last 2 years, £18,106 in last 3 years, £10,127 in last 4 years and £8,172 in last 5 years.

Currently average asking price of a property in Tenby is around £283,387 based on approximately 140 properties for sale. Same is the case with rental options based on 30 properties up for rent, average asking rent is around £1,406 per month.

Estimated property value in Tenby is £230,421. Average asking price is £283,387 while average price paid is £205,919 which is up by £14,361 and Avg. asking rent £1,406.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 Tenby area. In last 1 year alone average price buyer paid is around £205,919 based on approximately 140 sales in Tenby area alone. If you compare it to last 3 years sales of 357 properties where buyers paid around £207,197. 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 £209,388 for 599 and average amount paid for purchase of approx. 832 properties sold in last 7 years comes to about £209,474 per sale.

 
 

Properties For Sale in Tenby

 
 

Breakdown of asking prices for homes of different sizes show that price varies clearly based on no of bedrooms and type of house. Asking price for a house with 1 bedroom is around £490,000, £152,733 for a 2 bedroom house, £231,116 for a 3 bedroom house, £362,919 for a 4 bedroom house and £508,327 for a 5 bedroom house. For a flat similarly the prices varies from £132,687 for a single bedroom to £177,766 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £181,667. To sum up the asking prices for properties in Tenby it comes to around average £160,173 for 1 bedroom property, £171,636 for 2 bedroom, £228,868 for 3 bedroom, £362,919 for 4 bedroom and £508,327 for a 5 bedroom property.

Rent per calendar month varies similarly based on type and size of the house. If you look at the rents per month for houses alone it can vary from £573 for 1 bedroom to £609 for 2 bedroom, £599 for 3 bedroom and £7,583 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £433. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £520. You should be generally be expecting around average £480 rent per month for single bedroom property, £537 for 2 bedroom, £599 for 3 bedroom and approximately £7,583 for 4 bedroom property in Tenby area.

Popular Houses in Tenby

Disclaimer : Location real estate estimates and values are based on House price index background data and Sales data provided by United Kingdom Land registry Records available as public records from their website. This information is updated monthly on our website and may not reflect all public transactions. This information is based on estimated calculation generated from our developed algorithms. We are striving to make this information as accurate and useful as possible. This data covers the transactions received at Land Registry in the period 1/1/1995 to 9/1/2014. © Crown copyright 2014. Data produced by Land Registry © Crown copyright 2014.

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