Y Felinheli

Area Guide For Y Felinheli

Y Felinheli, in the past referred to in English as Port Dinorwic, is a town next to the Menai Strait (Welsh: Y Fenai or Afon Menai) in the middle of Bangor and Caernarfon in Gwynedd, north-west Wales. The populace is around 2,080. Y Felinheli has its inceptions in two villages, Tafarngrisiau close St Mary's Church and Aberpwll to the north-east where there was a plant on the Afon Heilyn. The plant was revamped closer to the ocean in 1633 and its name, Aber y felin gave the settlement its name. The region was to a great extent farming until the range was changed by slate quarrying in the nineteenth century. Another dock was implicit 1828 when lime was extricated at Brynadda and slate and lime were stacked and culm (coal dust or anthracite slack) was gotten to flame the lime kilns.

 
 

Y Felinheli Map

Estimated Price: £188,863
Average Asking Price: £231,294
Price change in last one year: £13,125
Average Price Paid: £160,960
Average Rent Rates: £745

 
 

Property Prices Breakdown in Y Felinheli

Average Price for property in Y Felinheli is around £188,863 which varies based on type of property you are interested in and ranges from £269,021 for detached house to around £192,379 for semi-detached. Similarly terraced house is around £171,687 and a flat is worth £130,753. Values have been changing and have risen £2,253 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £6,815 in last 6 months, £13,125 in last 1 year, £20,242 in last 2 years, £16,383 in last 3 years, £16,898 in last 4 years and £12,128 in last 5 years.

Currently average asking price of a property in Y Felinheli is around £231,294 based on approximately 41 properties for sale. Same is the case with rental options based on 2 properties up for rent, average asking rent is around £745 per month.

Estimated property value in Y Felinheli is £188,863. Average asking price is £231,294 while average price paid is £182,097 which is up by £13,125 and Avg. asking rent £745.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 Y Felinheli area. In last 1 year alone average price buyer paid is around £182,097 based on approximately 41 sales in Y Felinheli area alone. If you compare it to last 3 years sales of 114 properties where buyers paid around £169,732. 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 £160,960 for 187 and average amount paid for purchase of approx. 249 properties sold in last 7 years comes to about £164,833 per sale.

 
 

Properties For Sale in Y Felinheli

 
 

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 £299,950, £167,999 for a 2 bedroom house, £217,994 for a 3 bedroom house and £288,324 for a 4 bedroom house. For a flat the prices of 2 bedroom is £126,000. To sum up the asking prices for properties in Y Felinheli it comes to around average £299,950 for 1 bedroom property, £144,666 for 2 bedroom, £217,994 for 3 bedroom and £288,324 for 4 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 is £897 for 3 bedroom. But if you are interested in renting a 2 bedroom flat then rent per month can be around £594. You should be generally be expecting around average £594 rent per month for 2 bedroom property and approximately £897 for 3 bedroom property in Y Felinheli area.

Popular Houses in Y Felinheli

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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