Lon Menai, Menai Bridge, LL59

Street Guide For Lon Menai, Menai Bridge, LL59

 

Lon Menai, Menai Bridge, LL59 Map

Estimated Price: £181,346
Average Asking Price: £372,616
Price change in last one year: £9,032
Average Price Paid: £170,000
Average Rent Rates: £698

 

Property Prices Breakdown in Lon Menai, Menai Bridge, LL59

Average Price for property in Lon Menai, Menai Bridge, LL59 is around £181,346 e.g. average price for detached house is around 181,346. Values have been changing and have risen £910 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,627 in last 6 months, £9,032 in last 1 year, £18,267 in last 2 years, £17,764 in last 3 years, £15,118 in last 4 years and £7,403 in last 5 years.

Currently average asking price of a property in Lon Menai, Menai Bridge, LL59 is around £372,616 based on approximately 1 properties for sale. Same is the case with rental options based on 3 properties up for rent, average asking rent is around £698 per month.

Estimated property value in Lon Menai, Menai Bridge, LL59 is £181,346. Average asking price is £372,616 while average price paid is £204,000 which is up by £9,032 and Avg. asking rent £698.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 Lon Menai, Menai Bridge, LL59 area. In last 1 year alone average price buyer paid is around £204,000 based on approximately 1 sales in Lon Menai, Menai Bridge, LL59 area alone. If you compare it to last 3 years sales of 3 properties where buyers paid around £164,000. 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 £170,000 for 6 and average amount paid for purchase of approx. 7 properties sold in last 7 years comes to about £168,500 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 2 bedroom is around £279,500, £238,118 for a 3 bedroom house, £454,188 for a 4 bedroom house and £348,317 for a 5 bedroom house. For a flat similarly the prices varies from £64,833 for a single bedroom to £123,998 for a 2 bedroom Flat. To sum up the asking prices for properties in Lon Menai, Menai Bridge, LL59 it comes to around average £64,833 for 1 bedroom property, £175,832 for 2 bedroom, £238,118 for 3 bedroom, £454,188 for 4 bedroom and £348,317 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 £624 for 2 bedroom. But if you are interested in renting a 2 bedroom flat then rent per month can be around £735. You should be generally be expecting around average £698 rent per month for 2 bedroom property in Lon Menai, Menai Bridge, LL59 area.

Popular Houses in Lon Menai, Menai Bridge, LL59

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 Lon Menai, Menai Bridge, LL59