Gorwel, Llanfairfechan, LL33

Street Guide For Gorwel, Llanfairfechan, LL33

 

Gorwel, Llanfairfechan, LL33 Map

Estimated Price: £170,260
Average Asking Price: £237,826
Price change in last one year: £7,969
Average Price Paid: £153,204
Average Rent Rates: £480

 

Property Prices Breakdown in Gorwel, Llanfairfechan, LL33

Average Price for property in Gorwel, Llanfairfechan, LL33 is around £170,260 which varies based on type of property you are interested in and ranges from £182,579 for detached house to around £155,752 for semi-detached. Similarly terraced house is around £161,744. Values have been changing and have risen £721 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,423 in last 6 months, £7,969 in last 1 year, £16,073 in last 2 years, £15,372 in last 3 years, £13,069 in last 4 years and £6,481 in last 5 years.

Currently average asking price of a property in Gorwel, Llanfairfechan, LL33 is around £237,826 based on approximately 5 properties for sale. Same is the case with rental options based on 6 properties up for rent, average asking rent is around £480 per month.

Estimated property value in Gorwel, Llanfairfechan, LL33 is £170,260. Average asking price is £237,826 while average price paid is £164,490 which is up by £7,969 and Avg. asking rent £480.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 Gorwel, Llanfairfechan, LL33 area. In last 1 year alone average price buyer paid is around £164,490 based on approximately 5 sales in Gorwel, Llanfairfechan, LL33 area alone. If you compare it to last 3 years sales of 10 properties where buyers paid around £151,345. 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 £153,204 for 12 and average amount paid for purchase of approx. 15 properties sold in last 7 years comes to about £162,896 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 £95,333, £129,950 for a 2 bedroom house, £210,662 for a 3 bedroom house, £217,475 for a 4 bedroom house and £387,492 for a 5 bedroom house. For a flat similarly the prices varies from £138,000 for a 2 bedroom to £120,000 for a 3 bedroom Flat. To sum up the asking prices for properties in Gorwel, Llanfairfechan, LL33 it comes to around average £95,333 for 1 bedroom property, £132,633 for 2 bedroom, £203,688 for 3 bedroom, £217,475 for 4 bedroom and £387,492 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 is £540 for 2 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £429. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £458. You should be generally be expecting around average £429 rent per month for single bedroom property and approximately £491 for 2 bedroom property in Gorwel, Llanfairfechan, LL33 area.

Popular Houses in Gorwel, Llanfairfechan, LL33

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 Gorwel, Llanfairfechan, LL33