Queensway, Old Colwyn, Colwyn Bay, LL29

Street Guide For Queensway, Old Colwyn, Colwyn Bay, LL29

 

Queensway, Old Colwyn, Colwyn Bay, LL29 Map

Estimated Price: £122,023
Average Asking Price: £180,578
Price change in last one year: £5,050
Average Price Paid: £114,500
Average Rent Rates: £542

 

Property Prices Breakdown in Queensway, Old Colwyn, Colwyn Bay, LL29

Average Price for property in Queensway, Old Colwyn, Colwyn Bay, LL29 is around £122,023 which varies based on type of property you are interested in and ranges from £108,763 for detached house to around £122,931 for semi-detached. Similarly terraced house is around £125,929. Values have been changing and have risen £369 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £612 in last 6 months, £5,050 in last 1 year, £9,328 in last 2 years, £10,539 in last 3 years, £8,228 in last 4 years and £4,632 in last 5 years.

Currently average asking price of a property in Queensway, Old Colwyn, Colwyn Bay, LL29 is around £180,578 based on approximately 1 properties for sale. Same is the case with rental options based on 30 properties up for rent, average asking rent is around £542 per month.

Estimated property value in Queensway, Old Colwyn, Colwyn Bay, LL29 is £122,023. Average asking price is £180,578 while average price paid is £115,000 which is up by £5,050 and Avg. asking rent £542.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 Queensway, Old Colwyn, Colwyn Bay, LL29 area. In last 1 year alone average price buyer paid is around £115,000 based on approximately 1 sales in Queensway, Old Colwyn, Colwyn Bay, LL29 area alone. If you compare it to last 3 years sales of 4 properties where buyers paid around £114,500. 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 £114,500 for 4 and average amount paid for purchase of approx. 5 properties sold in last 7 years comes to about £115,600 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 £84,717, £128,662 for a 2 bedroom house, £163,801 for a 3 bedroom house, £273,737 for a 4 bedroom house and £287,557 for a 5 bedroom house. For a flat similarly the prices varies from £59,154 for a single bedroom to £98,666 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £116,523, £115,237 for a 4 bedroom flat and £192,475 for a 5 bedroom flat. To sum up the asking prices for properties in Queensway, Old Colwyn, Colwyn Bay, LL29 it comes to around average £61,798 for 1 bedroom property, £114,975 for 2 bedroom, £158,264 for 3 bedroom, £266,099 for 4 bedroom and £278,913 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 £524 for 2 bedroom to £640 for 3 bedroom and £897 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £417. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £506, £494 for 3 bedroom and £598 for 4 bedroom. You should be generally be expecting around average £417 rent per month for single bedroom property, £513 for 2 bedroom, £619 for 3 bedroom and approximately £748 for 4 bedroom property in Queensway, Old Colwyn, Colwyn Bay, LL29 area.

Popular Houses in Queensway, Old Colwyn, Colwyn Bay, LL29

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 Queensway, Old Colwyn, Colwyn Bay, LL29