Average Price for property in Elwy Road, Rhos on Sea, Colwyn Bay, LL28 is around £178,984 which varies based on type of property you are interested in and ranges from £245,600 for detached house to around £167,214 for semi-detached. Similarly terraced house is around £104,762 and a flat is worth £112,290. Values have been changing and have risen £1,046 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,716 in last 6 months, £12,101 in last 1 year, £18,203 in last 2 years, £18,469 in last 3 years, £17,436 in last 4 years and £11,439 in last 5 years.
Currently average asking price of a property in Elwy Road, Rhos on Sea, Colwyn Bay, LL28 is around £226,416 based on approximately 1 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 Elwy Road, Rhos on Sea, Colwyn Bay, LL28 is £178,984. Average asking price is £226,416 while average price paid is £116,250 which is up by £12,101 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 Elwy Road, Rhos on Sea, Colwyn Bay, LL28 area. In last 1 year alone average price buyer paid is around £116,250 based on approximately 1 sales in Elwy Road, Rhos on Sea, Colwyn Bay, LL28 area alone. If you compare it to last 3 years sales of 4 properties where buyers paid around £110,187. 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 £110,708 for 6 and average amount paid for purchase of approx. 8 properties sold in last 7 years comes to about £122,906 per sale.