Corwen

Area Guide For Corwen

Corwen is a town and group in the area of Denbighshire in Wales; it was already piece of the province of Meirionnydd. Corwen remains on the banks of the River Dee underneath the Berwyn mountains. The town is arranged 10 miles (16 km) west of Llangollen and 13 miles (21 km) south of Ruthin. At the 2001 Census, Corwen had a populace of 2,398. Corwen is best known for its associations with Owain Glyndŵr, who declared himself Prince of Wales on 16 September 1400, from his adjacent estate of Glyndyfrdwy, which started his fourteen-year defiance to English principle. An existence size bronze statue of the sovereign mounted on his fight steed was introduced in The Square in 2007. It celebrates the day he was broadcasted the last genuine Prince of Wales in 1400.

 
 

Corwen Map

Estimated Price: £186,031
Average Asking Price: £277,814
Price change in last one year: £12,163
Average Price Paid: £158,378
Average Rent Rates: £455

 
 

Property Prices Breakdown in Corwen

Average Price for property in Corwen is around £186,031 which varies based on type of property you are interested in and ranges from £243,060 for detached house to around £134,033 for semi-detached. Similarly terraced house is around £100,498 and a flat is worth £261,731. Values have been changing and have risen £2,289 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £5,473 in last 6 months, £12,163 in last 1 year, £20,135 in last 2 years, £20,959 in last 3 years, £19,080 in last 4 years and £10,127 in last 5 years.

Currently average asking price of a property in Corwen is around £277,814 based on approximately 50 properties for sale. Same is the case with rental options based on 3 properties up for rent, average asking rent is around £455 per month.

Estimated property value in Corwen is £186,031. Average asking price is £277,814 while average price paid is £146,190 which is up by £12,163 and Avg. asking rent £455.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 Corwen area. In last 1 year alone average price buyer paid is around £146,190 based on approximately 50 sales in Corwen area alone. If you compare it to last 3 years sales of 138 properties where buyers paid around £157,765. 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 £158,378 for 220 and average amount paid for purchase of approx. 318 properties sold in last 7 years comes to about £161,006 per sale.

 
 

Properties For Sale in Corwen

 
 

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 £131,919, £204,424 for a 3 bedroom house, £351,258 for a 4 bedroom house and £390,714 for a 5 bedroom house. For a flat the prices of 2 bedroom is £88,750. To sum up the asking prices for properties in Corwen it comes to around average £117,529 for 2 bedroom property, £204,424 for 3 bedroom, £351,258 for 4 bedroom and £390,714 for 5 bedroom.

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 £494 for 3 bedroom. But if you are interested in renting a 2 bedroom flat then rent per month can be around £377. You should be generally be expecting around average £377 rent per month for 2 bedroom property and approximately £494 for 3 bedroom property in Corwen area.

Popular Houses in Corwen

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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