It’s as well that of the 178 units on the Taylor Woodrow/Bryant Homes site at Glasdir, 20 per cent will pass to Cymdeithas Tai Clwyd as affordable housing.
Although Glasdir includes a mix of two bedroom flats, three-bed mews & semis, and four-bed mews & detached housing, affordable homes are now a real issue in Rhuthun. Perhaps it was always thus, but the local salary/house price gap seems to have widened.
The cheapest typical three-bed semi on the market in the area at the moment is a council-commissioned house in Clocaenog, at £140,000. Even with a substantial deposit, it comes beyond the reach of many young people. Clocaenog may not be to everyone’s liking but its seclusion offers the potential for peaceful country living.
The next available property in this range is at £145,000, on the A494 at Gwyddelwern, again three-beds, again semi-detecthed, again council-commissioned. The cheapest three-bed semi in town is priced at £165,000, on the modernish Bro Deg development. Not that there’s much on the market right now. The average semi in Denbighshire costs £135,451, which is equivalent to the average terraced house in neighbouring Conwy. Perhaps Rhyl prices force the county average down.
Hard to believe but ten years ago, comparable three-bed council-commissioned semis in town were changing hands from around £35,000, a quarter of the current cost. Equivalent private semis were in the region of £58-£60,000. Wages rise, of course, but not as fast and as the price of property widens, so the mortgage required becomes exponential.
Those aspiring to modern, executive four-bed detached living on the likes of Parc Brynhyfryd need not worry overly, though, as prices there have increased only three- rather than four-fold.
Salaries have increased only by one and a half times over this same ten-year period.
What might this tell us? That the demand is higher than the supply side. That people want to live in Rhuthun. That people move to Rhuthun. That house prices are cheaper in Rhuthun than further east. And also, perhaps, that there needs to be more house building (however unpopular that may be).
Although Glasdir includes a mix of two bedroom flats, three-bed mews & semis, and four-bed mews & detached housing, affordable homes are now a real issue in Rhuthun. Perhaps it was always thus, but the local salary/house price gap seems to have widened.
The cheapest typical three-bed semi on the market in the area at the moment is a council-commissioned house in Clocaenog, at £140,000. Even with a substantial deposit, it comes beyond the reach of many young people. Clocaenog may not be to everyone’s liking but its seclusion offers the potential for peaceful country living.
The next available property in this range is at £145,000, on the A494 at Gwyddelwern, again three-beds, again semi-detecthed, again council-commissioned. The cheapest three-bed semi in town is priced at £165,000, on the modernish Bro Deg development. Not that there’s much on the market right now. The average semi in Denbighshire costs £135,451, which is equivalent to the average terraced house in neighbouring Conwy. Perhaps Rhyl prices force the county average down.
Hard to believe but ten years ago, comparable three-bed council-commissioned semis in town were changing hands from around £35,000, a quarter of the current cost. Equivalent private semis were in the region of £58-£60,000. Wages rise, of course, but not as fast and as the price of property widens, so the mortgage required becomes exponential.
Those aspiring to modern, executive four-bed detached living on the likes of Parc Brynhyfryd need not worry overly, though, as prices there have increased only three- rather than four-fold.
Salaries have increased only by one and a half times over this same ten-year period.
What might this tell us? That the demand is higher than the supply side. That people want to live in Rhuthun. That people move to Rhuthun. That house prices are cheaper in Rhuthun than further east. And also, perhaps, that there needs to be more house building (however unpopular that may be).