Smithy Lane, Pentre Bychan, Wrexham, LL14

Street Guide For Smithy Lane, Pentre Bychan, Wrexham, LL14

 

Smithy Lane, Pentre Bychan, Wrexham, LL14 Map

Estimated Price: £214,710
Average Asking Price: £155,694
Price change in last one year: £7,742
Average Price Paid: £186,250
Average Rent Rates: £522

 

Property Prices Breakdown in Smithy Lane, Pentre Bychan, Wrexham, LL14

Average Price for property in Smithy Lane, Pentre Bychan, Wrexham, LL14 is around £214,710 which varies based on type of property you are interested in and ranges from £228,284 for detached house to around £151,362 for semi-detached. Values have been changing and have risen £662 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £901 in last 6 months, £7,742 in last 1 year, £18,933 in last 2 years, £19,683 in last 3 years, £18,046 in last 4 years and £7,807 in last 5 years.

Currently average asking price of a property in Smithy Lane, Pentre Bychan, Wrexham, LL14 is around £155,694 based on approximately 1 properties for sale. Same is the case with rental options based on 28 properties up for rent, average asking rent is around £522 per month.

Estimated property value in Smithy Lane, Pentre Bychan, Wrexham, LL14 is £214,710. Average asking price is £155,694 while average price paid is £160,000 which is up by £7,742 and Avg. asking rent £522.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 Smithy Lane, Pentre Bychan, Wrexham, LL14 area. In last 1 year alone average price buyer paid is around £160,000 based on approximately 1 sales in Smithy Lane, Pentre Bychan, Wrexham, LL14 area alone. If you compare it to last 3 years sales of 2 properties where buyers paid around £186,250. 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 £186,250 for 2 and average amount paid for purchase of approx. 4 properties sold in last 7 years comes to about £160,612 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 2 bedroom is around £106,093, £153,972 for a 3 bedroom house, £254,893 for a 4 bedroom house and £285,173 for a 5 bedroom house. For a flat similarly the prices varies from £143,790 for a 2 bedroom to £149,950 for a 3 bedroom Flat. Same is the case with 4 bedroom flat £125,000. To sum up the asking prices for properties in Smithy Lane, Pentre Bychan, Wrexham, LL14 it comes to around average £108,541 for 2 bedroom property, £153,930 for 3 bedroom, £250,414 for 4 bedroom and £285,173 for 5 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 can vary from £325 for 1 bedroom to £480 for 2 bedroom, £613 for 3 bedroom and £706 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £351. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £477. You should be generally be expecting around average £342 rent per month for single bedroom property, £479 for 2 bedroom, £613 for 3 bedroom and approximately £706 for 4 bedroom property in Smithy Lane, Pentre Bychan, Wrexham, LL14 area.

Popular Houses in Smithy Lane, Pentre Bychan, Wrexham, LL14

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 Smithy Lane, Pentre Bychan, Wrexham, LL14