Rhyl

Area Guide For Rhyl

Rhyl is an ocean side resort town and community in Denbighshire, arranged on the north east bank of Wales, at the mouth of the River Clwyd. To the west is the suburb of Kinmel Bay, with the resort of Towyn further west, Prestatyn to the east and Rhuddlan to the south. At the 2011 Census, Rhyl had a populace of 25,149. The conurbation of Abergele-Rhyl-Prestatyn has a populace of more than 60,000. Rhyl has long been a prominent traveler destination for individuals from all over Britain. Once an exquisite Victorian resort, there was an increase of individuals from Liverpool and Manchester after World War II changing the substance of the town. The region had declined drastically by 1990, yet has since enhanced because of a progression of recovery undertakings accumulating significant speculation. European financing, secured by the Welsh Government, has delivered millions for the improvement of Rhyl's seafront.

 

 
 

Rhyl Map

Estimated Price: £136,446
Average Asking Price: £197,046
Price change in last one year: £8,715
Average Price Paid: £120,861
Average Rent Rates: £2,531

 
 

Property Prices Breakdown in Rhyl

Average Price for property in Rhyl is around £136,446 which varies based on type of property you are interested in and ranges from £161,355 for detached house to around £121,181 for semi-detached. Similarly terraced house is around £103,920 and a flat is worth £91,643. Values have been changing and have risen £1,236 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £3,396 in last 6 months, £8,715 in last 1 year, £17,825 in last 2 years, £12,107 in last 3 years, £11,078 in last 4 years and £6,750 in last 5 years.

Currently average asking price of a property in Rhyl is around £197,046 based on approximately 486 properties for sale. Same is the case with rental options based on 42 properties up for rent, average asking rent is around £2,531 per month.

Estimated property value in Rhyl is £136,446. Average asking price is £197,046 while average price paid is £124,257 which is up by £8,715 and Avg. asking rent £2,531.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 Rhyl area. In last 1 year alone average price buyer paid is around £124,257 based on approximately 486 sales in Rhyl area alone. If you compare it to last 3 years sales of 1,390 properties where buyers paid around £120,592. 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 £120,861 for 2,231 and average amount paid for purchase of approx. 3,038 properties sold in last 7 years comes to about £122,515 per sale.

 
 

Properties For Sale in Rhyl

 
 

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 £75,000, £116,989 for a 2 bedroom house, £155,340 for a 3 bedroom house, £239,072 for a 4 bedroom house and £321,513 for a 5 bedroom house. For a flat similarly the prices varies from £51,332 for a single bedroom to £99,385 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £250,000. To sum up the asking prices for properties in Rhyl it comes to around average £60,799 for 1 bedroom property, £113,937 for 2 bedroom, £156,116 for 3 bedroom, £239,072 for 4 bedroom and £321,513 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 £416 for 1 bedroom to £526 for 2 bedroom, £600 for 3 bedroom and £750 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £373. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £499. You should be generally be expecting around average £387 rent per month for single bedroom property, £512 for 2 bedroom, £600 for 3 bedroom and approximately £750 for 4 bedroom property in Rhyl area.

Popular Houses in Rhyl

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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