Esplanade, Penmaenmawr, LL34

Street Guide For Esplanade, Penmaenmawr, LL34

 

Esplanade, Penmaenmawr, LL34 Map

Estimated Price: £133,935
Average Asking Price: £215,220
Price change in last one year: £6,421
Average Price Paid: £96,937
Average Rent Rates: £504

 

Property Prices Breakdown in Esplanade, Penmaenmawr, LL34

Average Price for property in Esplanade, Penmaenmawr, LL34 is around £133,935 which varies based on type of property you are interested in and ranges from £355,960 for detached house to around £145,317 for semi-detached. Similarly terraced house is around £150,043 and a flat is worth £69,850. Values have been changing and have risen £650 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,345 in last 6 months, £6,421 in last 1 year, £12,672 in last 2 years, £11,989 in last 3 years, £10,627 in last 4 years and £5,403 in last 5 years.

Currently average asking price of a property in Esplanade, Penmaenmawr, LL34 is around £215,220 based on approximately 3 properties for sale. Same is the case with rental options based on 11 properties up for rent, average asking rent is around £504 per month.

Estimated property value in Esplanade, Penmaenmawr, LL34 is £133,935. Average asking price is £215,220 while average price paid is £65,666 which is up by £6,421 and Avg. asking rent £504.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 Esplanade, Penmaenmawr, LL34 area. In last 1 year alone average price buyer paid is around £65,666 based on approximately 3 sales in Esplanade, Penmaenmawr, LL34 area alone. If you compare it to last 3 years sales of 5 properties where buyers paid around £58,600. 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 £96,937 for 8 and average amount paid for purchase of approx. 10 properties sold in last 7 years comes to about £94,050 per sale.

 
 

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 £67,475, £119,820 for a 2 bedroom house, £198,987 for a 3 bedroom house, £326,036 for a 4 bedroom house and £367,612 for a 5 bedroom house. For a flat similarly the prices varies from £57,317 for a single bedroom to £75,000 for a 2 bedroom Flat. To sum up the asking prices for properties in Esplanade, Penmaenmawr, LL34 it comes to around average £61,380 for 1 bedroom property, £116,234 for 2 bedroom, £198,987 for 3 bedroom, £326,036 for 4 bedroom and £367,612 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 £377 for 1 bedroom to £519 for 2 bedroom and £636 for 3 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £412. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £412. You should be generally be expecting around average £400 rent per month for single bedroom property, £476 for 2 bedroom and approximately £636 for 3 bedroom property in Esplanade, Penmaenmawr, LL34 area.

Popular Houses in Esplanade, Penmaenmawr, LL34

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.

Areas in and around Esplanade, Penmaenmawr, LL34