Penrhyn Avenue, Rhos on Sea, Colwyn Bay, LL28

Street Guide For Penrhyn Avenue, Rhos on Sea, Colwyn Bay, LL28

 

Penrhyn Avenue, Rhos on Sea, Colwyn Bay, LL28 Map

Estimated Price: £151,392
Average Asking Price: £226,416
Price change in last one year: £10,236
Average Price Paid: £118,624
Average Rent Rates: £498

 

Property Prices Breakdown in Penrhyn Avenue, Rhos on Sea, Colwyn Bay, LL28

Average Price for property in Penrhyn Avenue, Rhos on Sea, Colwyn Bay, LL28 is around £151,392 which varies based on type of property you are interested in and ranges from £231,849 for detached house to around £165,607 for semi-detached. Similarly terraced house is around £152,264 and a flat is worth £130,282. Values have been changing and have risen £884 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,451 in last 6 months, £10,236 in last 1 year, £15,397 in last 2 years, £15,623 in last 3 years, £14,753 in last 4 years and £9,681 in last 5 years.

Currently average asking price of a property in Penrhyn Avenue, Rhos on Sea, Colwyn Bay, LL28 is around £226,416 based on approximately 11 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 Penrhyn Avenue, Rhos on Sea, Colwyn Bay, LL28 is £151,392. Average asking price is £226,416 while average price paid is £116,268 which is up by £10,236 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 Penrhyn Avenue, Rhos on Sea, Colwyn Bay, LL28 area. In last 1 year alone average price buyer paid is around £116,268 based on approximately 11 sales in Penrhyn Avenue, Rhos on Sea, Colwyn Bay, LL28 area alone. If you compare it to last 3 years sales of 27 properties where buyers paid around £123,551. 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 £118,624 for 43 and average amount paid for purchase of approx. 63 properties sold in last 7 years comes to about £123,732 per sale.

 
 

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 £134,950, £179,398 for a 2 bedroom house, £194,434 for a 3 bedroom house, £319,297 for a 4 bedroom house and £400,089 for a 5 bedroom house. For a flat similarly the prices varies from £106,481 for a single bedroom to £145,382 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £212,483. To sum up the asking prices for properties in Penrhyn Avenue, Rhos on Sea, Colwyn Bay, LL28 it comes to around average £110,277 for 1 bedroom property, £161,293 for 2 bedroom, £196,334 for 3 bedroom, £319,297 for 4 bedroom and £400,089 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 £477 for 1 bedroom to £622 for 2 bedroom and £556 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £420. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £520. You should be generally be expecting around average £448 rent per month for single bedroom property, £554 for 2 bedroom and approximately £556 for 4 bedroom property in Penrhyn Avenue, Rhos on Sea, Colwyn Bay, LL28 area.

Popular Houses in Penrhyn Avenue, Rhos on Sea, Colwyn Bay, LL28

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.

Areas in and around Penrhyn Avenue, Rhos on Sea, Colwyn Bay, LL28