Llanfechain

Area Guide For Llanfechain

Llanfechain is a little town placed in northern Powys, mid Wales, in the middle of Llanfyllin and Llansantffraid-ym-Mechain. It has a populace of pretty nearly 600 individuals.

Peculiarities incorporate a nearby pub, the "Plas-yn-Dinas", a little elementary school and a town lobby. The area church, St Garmon's, was initially developed in Norman times, and still holds numerous unique peculiarities. It is a Grade II* recorded building

The town has held a conventional town indicate on the August Bank Holiday weekend consistently since 1966.

The town was served by the Llanfyllin extension of the Cambrian Railways, which has following been destroyed.

 
 

Llanfechain Map

Estimated Price: £228,164
Average Asking Price: £385,000
Price change in last one year: £18,536
Average Price Paid: £193,113
Average Rent Rates: --

 
 

Property Prices Breakdown in Llanfechain

Average Price for property in Llanfechain is around £228,164 which varies based on type of property you are interested in and ranges from £253,995 for detached house to around £149,466 for semi-detached. Similarly terraced house is around £115,216 and a flat is worth £103,288. Values have been changing and have risen £3,439 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £10,143 in last 6 months, £18,536 in last 1 year, £19,551 in last 2 years, £21,803 in last 3 years, £19,929 in last 4 years and £34,008 in last 5 years.

Currently average asking price of a property in Llanfechain is around £385,000 based on approximately 1 properties for sale.

Estimated property value in Llanfechain is £228,164. Average asking price is £385,000 while average price paid is £170,000 which is up by £18,536.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 Llanfechain area. In last 1 year alone average price buyer paid is around £170,000 based on approximately 1 sales in Llanfechain area alone. If you compare it to last 3 years sales of 11 properties where buyers paid around £156,045. 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 £193,113 for 22 and average amount paid for purchase of approx. 29 properties sold in last 7 years comes to about £185,517 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 3 bedroom is around £350,000 and £420,000 for a 5 bedroom house. To sum up the asking prices for properties in Llanfechain it comes to around average £350,000 for 3 bedroom property and £420,000 for 5 bedroom.

Popular Houses in Llanfechain

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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