Dolgellau

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Area Guide For Dolgellau

Dolgellau is set in the southern part of The Snowdonia National Park, at the foot of the Cader Idris (Cadair Idris) mountain range with three main routes to the summit.

The town is a great base for touring Snowdonia with many popular walks only two or three miles from the town centre. These include Torrent Walk and Precipice Walks (old and new). Another very popular walk/cycle ride starts from the town car park and runs nine miles along the old railway line to Barmouth on the coast. This is the Mawddach Trail (or "Llwybr Mawddach" in Welsh). This walk was featured on Julia Bradbury's "Railway Walks" series on the BBC a few of years ago. There is also a very nice pub (the George III) after three miles.

The area also boasts abundance of wildlife, including two Osprey nest sites about an hours drive away (one to the north at Glaslyn and another one to the south by the river Dyfi). There is a great deal of bird life around the Mawddach Estuary and the woods and countryside.

Dolgellau is steeped in history and was formerly the county town of Merionethshire (now Gwynedd). The remains of historic Cymer Abbey (founded in 1198) can also be seen in the nearby village of Llanelltyd. This is again within walking distance of the town (being around a mile and a half away). The route also passes through the Dolgellau (nine-hole) Golf Course, which also serves tea.

 
 

Dolgellau Map

Estimated Price: £186,847
Average Asking Price: £312,000
Price change in last one year: £11,303
Average Price Paid: £157,088
Average Rent Rates: £513

 
 

Property Prices Breakdown in Dolgellau

Average Price for property in Dolgellau is around £186,847 which varies based on type of property you are interested in and ranges from £255,181 for detached house to around £152,085 for semi-detached. Similarly terraced house is around £119,016 and a flat is worth £122,098. Values have been changing and have risen £1,672 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £4,571 in last 6 months, £11,303 in last 1 year, £19,354 in last 2 years, £18,542 in last 3 years, £14,812 in last 4 years and £8,481 in last 5 years.

Currently average asking price of a property in Dolgellau is around £312,000 based on approximately 37 properties for sale. Same is the case with rental options based on 5 properties up for rent, average asking rent is around £513 per month.

Estimated property value in Dolgellau is £186,847. Average asking price is £312,000 while average price paid is £128,970 which is up by £11,303 and Avg. asking rent £513.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 Dolgellau area. In last 1 year alone average price buyer paid is around £128,970 based on approximately 37 sales in Dolgellau area alone. If you compare it to last 3 years sales of 122 properties where buyers paid around £153,825. 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 £157,088 for 215 and average amount paid for purchase of approx. 305 properties sold in last 7 years comes to about £160,097 per sale.

 
 

Properties For Sale in Dolgellau

 
 

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 2 bedroom is around £155,000, £150,000 for a 3 bedroom house, £219,998 for a 4 bedroom house and £335,000 for a 5 bedroom house. To sum up the asking prices for properties in Dolgellau it comes to around average £155,000 for 2 bedroom property, £150,000 for 3 bedroom, £219,998 for 4 bedroom and £335,000 for 5 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 can vary from £498 for 2 bedroom to £542 for 3 bedroom. But if you are interested in renting a 2 bedroom flat then rent per month can be around £492. You should be generally be expecting around average £494 rent per month for 2 bedroom property and approximately £542 for 3 bedroom property in Dolgellau area.

Popular Houses in Dolgellau

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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