Llangollen

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Area Guide For Llangollen

Llangollen is a residential area and community in Denbighshire, north-east Wales, arranged on the River Dee and on the edge of the Berwyn mountains. It has a populace of 3,412. Llangollen takes its name from Saint Collen (from the Welsh llan signifying "church" or "holy person" or maybe 'heavenly') and Collen, a sixth century friar who established a congregation next to the stream there. St Collen is said to have landed in Llangollen by coracle. As there are no different chapels in Wales devoted to St. Collen, it is conceivable that this St. Collen might likewise have associations in both Colan, Cornwall and Langolen, Brittany. Standing high over the town to the north is Castell Dinas Bran, the previous fortification of the Princes of Powys. Past the château is the limestone slope known as the Eglwyseg Rocks. The outcrop proceeds with north to the zone known as World's End. The territory closest to the stronghold is the Panorama Walk, and a landmark to nearby writer I.D. Hooson (from the adjacent town of Rhosllanerchrugog) can be observed there. Valle Crucis Abbey was built in close-by Llangwestl in around 1201, under the support of Madog ap Gruffydd Maelor of Castell Dinas Brã¢n.

 
 

Llangollen Map

Estimated Price: £200,795
Average Asking Price: £286,392
Price change in last one year: £12,204
Average Price Paid: £161,661
Average Rent Rates: £467

 
 

Property Prices Breakdown in Llangollen

Average Price for property in Llangollen is around £200,795 which varies based on type of property you are interested in and ranges from £262,721 for detached house to around £166,460 for semi-detached. Similarly terraced house is around £132,745 and a flat is worth £156,040. Values have been changing and have risen £1,832 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £4,877 in last 6 months, £12,204 in last 1 year, £21,045 in last 2 years, £20,972 in last 3 years, £16,638 in last 4 years and £9,516 in last 5 years.

Currently average asking price of a property in Llangollen is around £286,392 based on approximately 74 properties for sale. Same is the case with rental options based on 3 properties up for rent, average asking rent is around £467 per month.

Estimated property value in Llangollen is £200,795. Average asking price is £286,392 while average price paid is £154,060 which is up by £12,204 and Avg. asking rent £467.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 Llangollen area. In last 1 year alone average price buyer paid is around £154,060 based on approximately 74 sales in Llangollen area alone. If you compare it to last 3 years sales of 242 properties where buyers paid around £157,224. 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 £161,661 for 394 and average amount paid for purchase of approx. 529 properties sold in last 7 years comes to about £166,634 per sale.

 
 

Properties For Sale in Llangollen

 
 

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 £246,390, £252,491 for a 3 bedroom house, £266,650 for a 4 bedroom house and £283,159 for a 5 bedroom house. For a flat similarly the prices varies from £78,500 for a single bedroom to £206,317 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £249,950. To sum up the asking prices for properties in Llangollen it comes to around average £78,500 for 1 bedroom property, £240,063 for 2 bedroom, £252,341 for 3 bedroom, £266,650 for 4 bedroom and £283,159 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 is £676 for 3 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £362. You should be generally be expecting around average £362 rent per month for single bedroom property and approximately £676 for 3 bedroom property in Llangollen area.

Popular Houses in Llangollen

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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