Average Price for property in Rhos Promenade, Rhos on Sea, Colwyn Bay, LL28 is around £226,001 which varies based on type of property you are interested in and ranges from £411,815 for detached house to around £265,982 for semi-detached. Similarly terraced house is around £292,218 and a flat is worth £208,118. Values have been changing and have risen £1,319 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,165 in last 6 months, £15,277 in last 1 year, £22,978 in last 2 years, £23,312 in last 3 years, £22,008 in last 4 years and £14,432 in last 5 years.
Currently average asking price of a property in Rhos Promenade, Rhos on Sea, Colwyn Bay, LL28 is around £226,416 based on approximately 5 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 Rhos Promenade, Rhos on Sea, Colwyn Bay, LL28 is £226,001. Average asking price is £226,416 while average price paid is £139,290 which is up by £15,277 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 Rhos Promenade, Rhos on Sea, Colwyn Bay, LL28 area. In last 1 year alone average price buyer paid is around £139,290 based on approximately 5 sales in Rhos Promenade, Rhos on Sea, Colwyn Bay, LL28 area alone. If you compare it to last 3 years sales of 14 properties where buyers paid around £135,064. 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 £142,850 for 21 and average amount paid for purchase of approx. 28 properties sold in last 7 years comes to about £146,869 per sale.