At the moment, there's something of a minor housing shortage in Rhuthun/Ruthin. How so? Because, on Rightmove, there are currently just three pages of houses for sale, compared to the usual five (including homes sold subject to contract). It is noteworthy that a number of vendors have actually given up, withdrawing their properties from sale. Perhaps this spring is a good time to try again.
Currently, then, in town, there are just 60 properties for sale, of which 20—one third—are marked as sold subject to contract. This explains why Beresford Adams's second shop display window is empty other than for self-promotion. Beresford Adams has 20 of the 60. Cavendish Ikin is one behind and Williams Estates is marketing 16. Two of Beresford Adams's are on with another agent (one with Cavendish and the other Williams). Web-based agencies have four properties and Clough & Co Dinbych has one. By price, Cavendish and Beresford each has 33 per cent, while Williams has 27 per cent. Broadly, this represents £171,000 in fees (at 1½ per cent) for the three.
Interestingly, homes marked as STC are across the entire price range, rather than just in the lower segment as has tended to be the case recently. The town's most expensive property, Llys Iâl, a six-bed detached house with paddocks & 12 acres, is on Mold Road. At £895,000, it's now sold subject to contract and has been on the market for just shy of three years. By contrast, the town's cheapest is a one-bed flat in Clwyd Street, at £47,000. Leaving aside the most and least expensive, the average house price in Ruthin currently is £194,777, while statisticians might appreciate understanding the mode, which is £120,000.
The house that has been on the market for the longest is still on Parc Brynhyfryd. It continues to look for a buyer and is currently at £315,000, still well over-priced. It started at £339,950 five years ago next month.
Also among those properties sold is the town's only new-build, by Turner Bros, on Llanfair Road. This has taken an age to finish—five years, to be precise. It's a four bed detached, which is over two storeys at the front and three to the rear. It's posted for £450,000.
Sales over the Previous 12 Months
58 properties sold in Rhuthun over the 12 months to January 19th, 2018. Of note among them of note were:
23 Stryd y Brython. This five-bed extended detached house was initially marketed in May 2015 at £350,000. It sold in November 2017 for £305,000. In 2006, the previous owners had paid £235,000 for it and subsequently added an extension worth some £70,000, which means they got their investment back—just. At the same time, the owners moved to a four-bed dormer bungalow on Bryn Rhydd, for £225,000 but which needed updating. Meanwhile, the new owners of no.23 upgraded from a three-bed semi on Borthyn, sold at £187,000.
Also on Parc Brynhyfryd was no. 1 Stryd y Brython. This initially went on the market in 2015 for £299,000 but was subsequently reduced in 2016 to £279,950. The place sold in December 2017 for £272,500, once the lessee was given notice.
Initially advertised for sale in 2015 was 12 Bryn Eryl for £330,000 and then £300,000. It sold in May 2017 for £265,000, a thumping 25 per cent off this four-bedder. The current vendors had bought the house in 1997 for £112,000. The new owners had moved from a three-bed house in Clocaenog (on a septic tank) that sold for £215,000.
Six properties sold on Glasdir, including two flats, the most expensive house going for £215,000 for four bedrooms. Compare that to the four-bed homes above.
Currently, then, in town, there are just 60 properties for sale, of which 20—one third—are marked as sold subject to contract. This explains why Beresford Adams's second shop display window is empty other than for self-promotion. Beresford Adams has 20 of the 60. Cavendish Ikin is one behind and Williams Estates is marketing 16. Two of Beresford Adams's are on with another agent (one with Cavendish and the other Williams). Web-based agencies have four properties and Clough & Co Dinbych has one. By price, Cavendish and Beresford each has 33 per cent, while Williams has 27 per cent. Broadly, this represents £171,000 in fees (at 1½ per cent) for the three.
Interestingly, homes marked as STC are across the entire price range, rather than just in the lower segment as has tended to be the case recently. The town's most expensive property, Llys Iâl, a six-bed detached house with paddocks & 12 acres, is on Mold Road. At £895,000, it's now sold subject to contract and has been on the market for just shy of three years. By contrast, the town's cheapest is a one-bed flat in Clwyd Street, at £47,000. Leaving aside the most and least expensive, the average house price in Ruthin currently is £194,777, while statisticians might appreciate understanding the mode, which is £120,000.
The house that has been on the market for the longest is still on Parc Brynhyfryd. It continues to look for a buyer and is currently at £315,000, still well over-priced. It started at £339,950 five years ago next month.
Also among those properties sold is the town's only new-build, by Turner Bros, on Llanfair Road. This has taken an age to finish—five years, to be precise. It's a four bed detached, which is over two storeys at the front and three to the rear. It's posted for £450,000.
Sales over the Previous 12 Months
58 properties sold in Rhuthun over the 12 months to January 19th, 2018. Of note among them of note were:
Six properties sold on Glasdir, including two flats, the most expensive house going for £215,000 for four bedrooms. Compare that to the four-bed homes above.
Tags:
Housing