Fairbourne

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Area Guide For Fairbourne

Fairbourne sits on the southern lip of the Mawddach estuary, perched precariously at sea-level on the reclaimed ‘morfa’ or marsh-lands beneath the cliffs at the foot of Pen y Garn.

Much of the town’s present layout is due to the efforts of Sir Arthur McDougall (of self-raising flour fame) who, with the arrival of the railway in 1865, attempted to develop the area into a popular seaside resort to serve the English Midlands.

During McDougall’s development of Fairbourne (which was originally to be called South Barmouth), a narrow gauge tramway was constructed to serve the building works. This rapidly became a popular tourist attraction, especially after its conversion from horse power to steam locomotive. The Fairbourne Light Railway is still a popular reason to visit the town.

The town boasts a blue flag beach and a number of shops and restaurants to serve the visitor.

For something a little different, why not explore some of the remains of 20th century military activity in the area. From hill-top memorials to beach defences, there are over 50 different sites in and around the Mawddach Estuary to be explored on foot, by bike or by car.

 
 

Fairbourne Map

Estimated Price: £151,879
Average Asking Price: £139,983
Price change in last one year: £9,752
Average Price Paid: £128,809
Average Rent Rates: £524

 
 

Property Prices Breakdown in Fairbourne

Average Price for property in Fairbourne is around £151,879 which varies based on type of property you are interested in and ranges from £168,592 for detached house to around £123,873 for semi-detached. Similarly terraced house is around £122,194 and a flat is worth £103,293. Values have been changing and have risen £1,847 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £4,182 in last 6 months, £9,752 in last 1 year, £16,455 in last 2 years, £17,101 in last 3 years, £15,715 in last 4 years and £8,530 in last 5 years.

Currently average asking price of a property in Fairbourne is around £139,983 based on approximately 7 properties for sale. Same is the case with rental options based on 1 properties up for rent, average asking rent is around £524 per month.

Estimated property value in Fairbourne is £151,879. Average asking price is £139,983 while average price paid is £169,643 which is up by £9,752 and Avg. asking rent £524.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 Fairbourne area. In last 1 year alone average price buyer paid is around £169,643 based on approximately 7 sales in Fairbourne area alone. If you compare it to last 3 years sales of 25 properties where buyers paid around £130,544. 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 £128,809 for 60 and average amount paid for purchase of approx. 95 properties sold in last 7 years comes to about £124,466 per sale.

 
 

Properties For Sale in Fairbourne

 
 

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 £70,000 and £249,950 for a 3 bedroom house. To sum up the asking prices for properties in Fairbourne it comes to around average £70,000 for 1 bedroom property and £249,950 for 3 bedroom.

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 £524 for 3 bedroom. You should be generally be expecting around average £524 rent per month for 3 bedroom property in Fairbourne area.

Popular Houses in Fairbourne

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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