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Archives: June 2020

Ariel image showing beautiful countryside surrounding the historic town of Denbigh in the LL16 post code

No 1 Welsh postcode 2020 was LL16

By

delta

Posted in Escape To The Country, Land, Popular, Rural, Trending On

The highest rise in the average house price for sales in Wales and the UK has been in the LL16 postcode in North Wales, with the average house price rising by a staggering 88% from £164,475 to £310,000. The LL16 postcode includes a large part of Denbighshire, including the historic market town of Denbigh and extends into Conwy, including Bylchau.

”As people continue to seek a new life in the countryside and working from home becomes the new norm, there is no let up in people wanting to move to the LL16 postcode but also to the adjoining counties of North Wales” according to Owen Knox of Segrwyd who is proud to call the area his home.

This increased demand to live in the beautiful counties of Denbighshire and Conwy will come as no surprise to the residents who already enjoy the many benefits of living within the natural beauty of North Wales.

The stunning North Wales coast and the Snowdonia National Park are just a short drive away as is is the A55 providing excellent transport links to Chester, Liverpool and Manchester

The area offers a huge variety of property including charming cottages, impressive period houses and idyllic small holdings. According to Owen Knox of Segrwyd ”the hardest thing for local agents is finding enough stock to feed the ever increasing demand to live in this much sought after locality.

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Painted houses on the edge of a picturesque harbour

House prices in Wales rising highest

By

delta

Posted in Coastal, Escape To The Country, Land, Popular, Rural, Trending On

Wales has seen the biggest increase in house prices in the UK, according to property website Rightmove.

It said there had been a 2.3% rise in the past month alone and a 10.9% increase year-on-year.

Meanwhile, the Principality Building Society reported that average price in Wales hit a new peak of £215,810 earlier this year.

Prices in eight authorities – Blaenau Gwent, Bridgend, Conwy, Merthyr Tydfil, Neath Port Talbot, Rhondda Cynon Taf, Vale of Glamorgan and Torfaen – reached new peaks in the second quarter of 2021, according to Principality.

Amid an increase in homeowners looking for larger and more rural properties following a series of lockdowns during the Covid pandemic, Rightmove also reported changes in the nature of inquiries from prospective buyers.

“To look pre-pandemic versus what has happened since the market reopened we have looked at July 2019-June 2020 versus July 2020-June 2021,” said Rightmove in its report.

It added that there had been a significant increase in city-based house-hunters making inquiries about village properties by 124%, and seaside properties by 115%.

Rightmove’s director of property data Tim Bannister said: “This month’s data shows how the property market in Wales remains robust, seeing the largest monthly and yearly increase in average asking prices for property.

“This is driven by many factors – including the rise in the number of city buyers inquiring for homes in villages or near the coast, compared to before the pandemic, in the search for sea and space.”

He added that Saundersfoot and Tenby in Pembrokeshire were among the most popular seaside locations.

“Wales is filled with beautiful and varied locations to live, and with working from home now a longer-term option for many, this has opened new doors for buyers,” he said.

Photo Credit https://unsplash.com/photos/qPm99GV4JW8

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