Average Price for property in Rhos Road, Rhos on Sea, Colwyn Bay, LL28 is around £192,769 which varies based on type of property you are interested in and ranges from £273,832 for detached house to around £231,045 for semi-detached. Similarly terraced house is around £120,793 and a flat is worth £115,193. Values have been changing and have risen £1,125 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,847 in last 6 months, £13,033 in last 1 year, £19,604 in last 2 years, £19,890 in last 3 years, £18,778 in last 4 years and £12,316 in last 5 years.
Currently average asking price of a property in Rhos Road, 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 Road, Rhos on Sea, Colwyn Bay, LL28 is £192,769. Average asking price is £226,416 while average price paid is £137,300 which is up by £13,033 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 Road, Rhos on Sea, Colwyn Bay, LL28 area. In last 1 year alone average price buyer paid is around £137,300 based on approximately 5 sales in Rhos Road, Rhos on Sea, Colwyn Bay, LL28 area alone. If you compare it to last 3 years sales of 12 properties where buyers paid around £159,000. 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 £160,615 for 13 and average amount paid for purchase of approx. 20 properties sold in last 7 years comes to about £166,650 per sale.