Denbigh

Area Guide For Denbigh

Denbigh (/ˈdɛnbi/; Welsh: Dinbych) is a market town and group in Denbighshire, Wales. Prior to 1888, it was the region town of Denbighshire. Denbigh lies 8 miles to the north west of Ruthin and to the south of St Asaph. It is around 13 miles (20 km) from the ocean side resort of Rhyl. The town became around the glove-production industry. Its populace at the 2001 Census was 8,783. The first precinct contract was conceded to Denbigh in 1290, when the town was still contained inside the old town dividers. It was the core of the Marcher Lordship of Denbigh. The town was included in the rebellion of Madog ap Llywelyn in 1294-95; the mansion was caught in the fall, and on 11 November 1294 a soothing power was crushed by the Welsh rebels. The town was recovered by Edward I in December.

 
 

Denbigh Map

Estimated Price: £174,866
Average Asking Price: £204,921
Price change in last one year: £11,228
Average Price Paid: £162,816
Average Rent Rates: £619

 
 

Property Prices Breakdown in Denbigh

Average Price for property in Denbigh is around £174,866 which varies based on type of property you are interested in and ranges from £226,701 for detached house to around £138,531 for semi-detached. Similarly terraced house is around £104,905 and a flat is worth £101,063. Values have been changing and have risen £1,393 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £5,523 in last 6 months, £11,228 in last 1 year, £19,588 in last 2 years, £21,639 in last 3 years, £16,346 in last 4 years and £12,796 in last 5 years.

Currently average asking price of a property in Denbigh is around £204,921 based on approximately 151 properties for sale. Same is the case with rental options based on 22 properties up for rent, average asking rent is around £619 per month.

Estimated property value in Denbigh is £174,866. Average asking price is £204,921 while average price paid is £171,321 which is up by £11,228 and Avg. asking rent £619.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 Denbigh area. In last 1 year alone average price buyer paid is around £171,321 based on approximately 151 sales in Denbigh area alone. If you compare it to last 3 years sales of 446 properties where buyers paid around £164,799. 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 £162,816 for 724 and average amount paid for purchase of approx. 1,025 properties sold in last 7 years comes to about £162,467 per sale.

 
 

Properties For Sale in Denbigh

 
 

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 1 bedroom is around £67,100, £116,048 for a 2 bedroom house, £191,265 for a 3 bedroom house, £314,748 for a 4 bedroom house and £440,264 for a 5 bedroom house. For a flat similarly the prices varies from £49,475 for a single bedroom to £89,950 for a 2 bedroom Flat. To sum up the asking prices for properties in Denbigh it comes to around average £62,064 for 1 bedroom property, £114,834 for 2 bedroom, £191,265 for 3 bedroom, £314,748 for 4 bedroom and £440,264 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 can vary from £598 for 1 bedroom to £522 for 2 bedroom, £763 for 3 bedroom and £857 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £295. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £446. You should be generally be expecting around average £446 rent per month for single bedroom property, £509 for 2 bedroom, £762 for 3 bedroom and approximately £856 for 4 bedroom property in Denbigh area.

Popular Houses in Denbigh

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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