Ruthin

Area Guide For Ruthin

Ruthin is the area town of Denbighshire in north Wales. Spotted around a slope in the southern piece of the Vale of Clwyd - the more seasoned piece of the town, the château and Saint Peter's Square are placed on top of the slope, while numerous fresher parts of the town are on the floodplain of the River Clwyd (which got to be evident on a few events in the late 1990s—new surge control works costing £3 million were initiated in harvest time 2003). Ruthin additionally has towns on the edges of the town, for example, Pwllglas and Rhewl. The name "Ruthin" originates from the Welsh words rhudd (red) and noise (stronghold), and alludes to the shading of the new red sandstone which structures the geologic premise of the area, and from which the château was built in 1277-1284. The first name of Rhuthin was 'Castell Coch yng Ngwern-fôr' (red manor in the ocean swamps). The town grew around the mansion and the close-by factory.

 
 

Ruthin Map

Estimated Price: £217,399
Average Asking Price: £235,759
Price change in last one year: £14,357
Average Price Paid: £180,442
Average Rent Rates: £555

 
 

Property Prices Breakdown in Ruthin

Average Price for property in Ruthin is around £217,399 which varies based on type of property you are interested in and ranges from £275,966 for detached house to around £163,123 for semi-detached. Similarly terraced house is around £130,709 and a flat is worth £105,327. Values have been changing and have risen £664 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,463 in last 6 months, £14,357 in last 1 year, £31,126 in last 2 years, £26,872 in last 3 years, £27,070 in last 4 years and £21,861 in last 5 years.

Currently average asking price of a property in Ruthin is around £235,759 based on approximately 105 properties for sale. Same is the case with rental options based on 16 properties up for rent, average asking rent is around £555 per month.

Estimated property value in Ruthin is £217,399. Average asking price is £235,759 while average price paid is £184,189 which is up by £14,357 and Avg. asking rent £555.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 Ruthin area. In last 1 year alone average price buyer paid is around £184,189 based on approximately 105 sales in Ruthin area alone. If you compare it to last 3 years sales of 338 properties where buyers paid around £182,062. 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 £180,442 for 565 and average amount paid for purchase of approx. 764 properties sold in last 7 years comes to about £183,879 per sale.

 
 

Properties For Sale in Ruthin

 
 

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 £119,950, £138,086 for a 2 bedroom house, £202,785 for a 3 bedroom house, £308,362 for a 4 bedroom house and £409,000 for a 5 bedroom house. For a flat similarly the prices varies from £51,500 for a single bedroom to £101,250 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £235,000 and £254,972 for a 4 bedroom flat. To sum up the asking prices for properties in Ruthin it comes to around average £74,317 for 1 bedroom property, £135,455 for 2 bedroom, £203,501 for 3 bedroom, £305,624 for 4 bedroom and £409,000 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 £371 for 1 bedroom to £514 for 2 bedroom and £707 for 3 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £378. You should be generally be expecting around average £375 rent per month for single bedroom property, £514 for 2 bedroom and approximately £707 for 3 bedroom property in Ruthin area.

Popular Houses in Ruthin

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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