Average Price for property in Porthmadog is around £174,154 which varies based on type of property you are interested in and ranges from £239,072 for detached house to around £164,804 for semi-detached. Similarly terraced house is around £138,434 and a flat is worth £148,122. Values have been changing and have risen £1,549 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £4,832 in last 6 months, £11,104 in last 1 year, £18,447 in last 2 years, £16,041 in last 3 years, £13,429 in last 4 years and £9,129 in last 5 years.
Currently average asking price of a property in Porthmadog is around £212,500 based on approximately 40 properties for sale. Same is the case with rental options based on 9 properties up for rent, average asking rent is around £874 per month.
Estimated property value in Porthmadog is £174,154. Average asking price is £212,500 while average price paid is £152,612 which is up by £11,104 and Avg. asking rent £874.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 Porthmadog area. In last 1 year alone average price buyer paid is around £152,612 based on approximately 40 sales in Porthmadog area alone. If you compare it to last 3 years sales of 143 properties where buyers paid around £154,575. 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 £159,134 for 270 and average amount paid for purchase of approx. 372 properties sold in last 7 years comes to about £158,020 per sale.