Average Price for property in Penmaenmawr is around £161,100 which varies based on type of property you are interested in and ranges from £230,980 for detached house to around £153,751 for semi-detached. Similarly terraced house is around £115,829 and a flat is worth £89,279. Values have been changing and have risen £1,429 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £4,366 in last 6 months, £9,832 in last 1 year, £16,064 in last 2 years, £15,183 in last 3 years, £13,328 in last 4 years and £8,268 in last 5 years.
Currently average asking price of a property in Penmaenmawr is around £216,780 based on approximately 55 properties for sale. Same is the case with rental options based on 12 properties up for rent, average asking rent is around £510 per month.
Estimated property value in Penmaenmawr is £161,100. Average asking price is £216,780 while average price paid is £130,160 which is up by £9,832 and Avg. asking rent £510.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 Penmaenmawr area. In last 1 year alone average price buyer paid is around £130,160 based on approximately 55 sales in Penmaenmawr area alone. If you compare it to last 3 years sales of 143 properties where buyers paid around £131,938. 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 £136,315 for 218 and average amount paid for purchase of approx. 291 properties sold in last 7 years comes to about £140,974 per sale.