Barmouth

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Area Guide For Barmouth

Barmouth (Welsh: Abermaw (formal); Y Bermo (colloquial)) is a town in the county of Gwynedd, north-western Wales, lying on the estuary of the River Mawddach and Cardigan Bay. The town is served by Barmouth railway station. The town grew around the shipbuilding industry, and more recently as a seaside resort. Notable buildings include the mediaeval TÅ· Gwyn tower house, the 19th century TÅ· Crwn roundhouse prison and St John's Church. There is also a new Lifeboat Visitors' Centre, where visitors can purchase souvenirs, and take a look at the RNLI lifeboat from the viewing gallery. The busy harbour plays host to the annual Three Peaks yacht race. The famous mountaineer and sailor Bill Tilman lived in Barmouth for many years. Barmouth Bridge, which takes the Cambrian Line over the River Mawddach, was also formerly at the end of the GWR Ruabon Barmouth line, which passed through Bala and Dolgellau. The southern end of the bridge is now the start of the Mawddach Trail, a cycle path and walk way that utilises the old trackbed. Ferries sail from Barmouth to Penrhyn Point, where they connect with the narrow gauge Fairbourne Railway for the village of Fairbourne. William Wordsworth, a frequent visitor wrote, William Wordsworth described Barmouth thus, " I took a boat and rowed up its sublime Estuary, which many compare with the finest in Scotland. With a fine sea view in front, the mountains behind, the glorious Estuary running eight miles inland, and Cader Idris within compass of a day's walk, Barmouth can always hold its own against any rival." 1824.

 
 

Barmouth Map

Estimated Price: £172,238
Average Asking Price: £243,315
Price change in last one year: £6,107
Average Price Paid: £156,381
Average Rent Rates: --

 
 

Property Prices Breakdown in Barmouth

Average Price for property in Barmouth is around £172,238 which varies based on type of property you are interested in and ranges from £281,408 for detached house to around £157,868 for semi-detached. Similarly terraced house is around £140,923 and a flat is worth £105,763. Values have been changing and have risen £198 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,098 in last 6 months, £6,107 in last 1 year, £17,434 in last 2 years, £13,843 in last 3 years, £8,983 in last 4 years and £3,984 in last 5 years.

Currently average asking price of a property in Barmouth is around £243,315 based on approximately 37 properties for sale.

Estimated property value in Barmouth is £172,238. Average asking price is £243,315 while average price paid is £163,277 which is up by £6,107.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 Barmouth area. In last 1 year alone average price buyer paid is around £163,277 based on approximately 37 sales in Barmouth area alone. If you compare it to last 3 years sales of 105 properties where buyers paid around £160,476. 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 £156,381 for 182 and average amount paid for purchase of approx. 254 properties sold in last 7 years comes to about £156,226 per sale.

 
 

Properties For Sale in Barmouth

 
 

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 2 bedroom is around £139,995 and £397,475 for a 4 bedroom house. For a flat the prices of 2 bedroom is £137,475. To sum up the asking prices for properties in Barmouth it comes to around average £138,315 for 2 bedroom property and £397,475 for 4 bedroom.

Popular Houses in Barmouth

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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