Average Price for property in Marine Drive, Rhos on Sea, Colwyn Bay, LL28 is around £308,912 which varies based on type of property you are interested in and ranges from £366,485 for detached house to around £304,831 for semi-detached. Similarly flat is around £181,797. Values have been changing and have risen £1,802 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,957 in last 6 months, £20,879 in last 1 year, £31,403 in last 2 years, £31,856 in last 3 years, £30,070 in last 4 years and £19,713 in last 5 years.
Currently average asking price of a property in Marine Drive, Rhos on Sea, Colwyn Bay, LL28 is around £226,416 based on approximately 4 properties for sale. Same is the case with rental options based on 12 properties up for rent, average asking rent is around £498 per month.
Estimated property value in Marine Drive, Rhos on Sea, Colwyn Bay, LL28 is £308,912. Average asking price is £226,416 while average price paid is £293,875 which is up by £20,879 and Avg. asking rent £498.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 Marine Drive, Rhos on Sea, Colwyn Bay, LL28 area. In last 1 year alone average price buyer paid is around £293,875 based on approximately 4 sales in Marine Drive, Rhos on Sea, Colwyn Bay, LL28 area alone. If you compare it to last 3 years sales of 12 properties where buyers paid around £290,457. 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 £270,499 for 17 and average amount paid for purchase of approx. 20 properties sold in last 7 years comes to about £263,424 per sale.