Llanfairfechan

Area Guide For Llanfairfechan

Llanfairfechan is a town and community in the Conwy County Borough, Wales. It lies on the north coast on the route of the A55 road, between Penmaenmawr and Bangor. It previously was in Gwynedd (1972-1996) and prior to that was in Caernarfonshire. For ceremonial and electoral boundary purposes it was transferred from the preserved county of Gwynedd to that of Clwyd in 2003. It is known as a seaside resort and had a population at the 2001 Census of 3,755. It has a railway station on the North Wales Coast Line. For electoral purposes, the community of Llanfairfechan consists of three electoral wards, Bryn, Lafan and Pandy. Also lovingly known amongst the younger generation as 'The Double L A'. Morfa Madryn, the salt marsh area immediately west of the town on the shore of Traeth Lafan, is a local authority-managed nature reserve of outstanding beauty and a favourite haunt of bird watchers. The site is home to cormorants & shags. The rare Little Egret can also be spotted. Llanfairfechan is also home to Bryn y Neuadd, a learning disability hospital, a mental health unit (Carreg Fawr) and a medium-secure unit (TÅ· Llywelyn). The site, Bryn Y Neuadd, is also home to the control centres for
 
 

Llanfairfechan Map

Estimated Price: £170,522
Average Asking Price: £241,586
Price change in last one year: £9,803
Average Price Paid: £160,761
Average Rent Rates: £480

 
 

Property Prices Breakdown in Llanfairfechan

Average Price for property in Llanfairfechan is around £170,522 which varies based on type of property you are interested in and ranges from £230,161 for detached house to around £154,737 for semi-detached. Similarly terraced house is around £123,294 and a flat is worth £112,316. Values have been changing and have risen £1,169 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £3,707 in last 6 months, £9,803 in last 1 year, £16,922 in last 2 years, £16,567 in last 3 years, £12,653 in last 4 years and £7,489 in last 5 years.

Currently average asking price of a property in Llanfairfechan is around £241,586 based on approximately 49 properties for sale. Same is the case with rental options based on 6 properties up for rent, average asking rent is around £480 per month.

Estimated property value in Llanfairfechan is £170,522. Average asking price is £241,586 while average price paid is £145,356 which is up by £9,803 and Avg. asking rent £480.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 Llanfairfechan area. In last 1 year alone average price buyer paid is around £145,356 based on approximately 49 sales in Llanfairfechan area alone. If you compare it to last 3 years sales of 136 properties where buyers paid around £154,480. 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 £160,761 for 223 and average amount paid for purchase of approx. 284 properties sold in last 7 years comes to about £159,398 per sale.

 
 

Properties For Sale in Llanfairfechan

 
 

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 £95,333, £129,950 for a 2 bedroom house, £210,662 for a 3 bedroom house, £217,475 for a 4 bedroom house and £387,492 for a 5 bedroom house. For a flat similarly the prices varies from £138,000 for a 2 bedroom to £120,000 for a 3 bedroom Flat. To sum up the asking prices for properties in Llanfairfechan it comes to around average £95,333 for 1 bedroom property, £132,633 for 2 bedroom, £203,688 for 3 bedroom, £217,475 for 4 bedroom and £387,492 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 is £540 for 2 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £429. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £458. You should be generally be expecting around average £429 rent per month for single bedroom property and approximately £491 for 2 bedroom property in Llanfairfechan area.

Popular Houses in Llanfairfechan

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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