Wrexham

Area Guide For Wrexham

Wrexham is a town and the largest urban area and retail centre in North Wales. It is the administrative centre of the wider Wrexham County Borough, located in the east of the region. It is situated between the Welsh mountains and the lower Dee Valley close to the border with Cheshire, England. As the largest town in the north of Wales, it is a major centre of the region's commercial, retail and educational infrastructure. At the time of the United Kingdom Census 2001, Wrexham had a population of 42,576, and the wider Wrexham Urban Area, as defined by the Office for National Statistics, had a population of 63,084. The county borough of Wrexham, which covers 50,500 hectares, has a population of over 130,000. Wrexham's former police station on Regent Street, originally the barracks for the Royal Denbighshire Militia, is now home to Wrexham County Borough Museum. The museum has two galleries devoted to the history of the town and its surrounding communities. Evidence of human activity in the Wrexham area have been found as far back as approximately 1600 BC. However the first known settlement was known as Wristleham.

 
 

Wrexham Map

Estimated Price: £168,638
Average Asking Price: £212,734
Price change in last one year: £2,750
Average Price Paid: £149,499
Average Rent Rates: £1,518

 
 

Property Prices Breakdown in Wrexham

Average Price for property in Wrexham is around £168,638 which varies based on type of property you are interested in and ranges from £236,843 for detached house to around £140,222 for semi-detached. Similarly terraced house is around £112,231 and a flat is worth £109,316. Values have been changing and have risen £901 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £636 in last 6 months, £2,750 in last 1 year, £11,443 in last 2 years, £14,874 in last 3 years, £14,154 in last 4 years and £7,101 in last 5 years.

Currently average asking price of a property in Wrexham is around £212,734 based on approximately 1,215 properties for sale. Same is the case with rental options based on 150 properties up for rent, average asking rent is around £1,518 per month.

Estimated property value in Wrexham is £168,638. Average asking price is £212,734 while average price paid is £154,438 which is up by £2,750 and Avg. asking rent £1,518.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 Wrexham area. In last 1 year alone average price buyer paid is around £154,438 based on approximately 1,215 sales in Wrexham area alone. If you compare it to last 3 years sales of 3,627 properties where buyers paid around £150,007. 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 £149,499 for 5,830 and average amount paid for purchase of approx. 8,113 properties sold in last 7 years comes to about £150,576 per sale.

 
 

Properties For Sale in Wrexham

 
 

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 £105,000, £121,090 for a 2 bedroom house, £172,417 for a 3 bedroom house, £292,939 for a 4 bedroom house and £436,453 for a 5 bedroom house. For a flat similarly the prices varies from £81,022 for a single bedroom to £111,439 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £174,950 and £125,000 for a 4 bedroom flat. To sum up the asking prices for properties in Wrexham it comes to around average £87,017 for 1 bedroom property, £119,446 for 2 bedroom, £172,431 for 3 bedroom, £292,242 for 4 bedroom and £436,453 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 £430 for 1 bedroom to £519 for 2 bedrooms, £626 for 3 bedrooms, £971 for 4 bedrooms and £1,073 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £420. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £538, £522 for 3 bedroom and £901 for 4 bedroom. You should be generally be expecting around average £423 rent per month for single bedroom property, £525 for 2 bedroom, £620 for 3 bedroom, £967 for 4 bedroom and approximately £1,072 for a 5 bedroom property in Wrexham area.

Popular Houses in Wrexham

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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