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Rhyl House Prices Rhyl House Prices

The average house price in Rhyl is £150,920 using HM Land Registry data.

The average property price increased by £43,203 (32.42%) over the last 5 years and increased by £8,634 (5.14%) over the last 12 months.

Over the last year, there were 306 residential property sales – a decrease of 76 transactions (-24.84%) relative to the previous year. The majority of house sales (83) were in the £160,000 - £190,000 range. Then came properties in the £130,000 - £160,000 range, where 67 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 84 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-5,220 (-2%).

In April 2024, there were 57 new estate agency instructions, 39 agreed home sales and 32 property price reductions.

Neighbouring Areas: Prestatyn, Kinmel Bay

Postcodes Covered: LL18

5-Year Average Property Prices in Rhyl

32.42%

Property prices in Rhyl increased by 32.42% in last 5 years.

The trend shows the general price tendency over the last 5 years, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Average Property Prices in Rhyl Over the Last Year

5.14%

Property prices in Rhyl increased by 5.14% in last 12 months.

The trend shows the general price tendency over the last 12 months, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Property Market Heat Gauge for Rhyl - April 2024

Our Property Market Heat Gauge looks at how long properties in your postcode district have been on the open market before being changed to sold 'Subject to Contract' ('STC') or 'Under Offer' on Rightmove (the UK's leading property portal).

At 81 to 100 days, the broad evidence suggests a very slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a notable market slowdown or a combination of both. In such scenarios, vendors may either choose to wait for the market to pick up (which may result in relisting the property at a later date). Those committed to selling will often need to drop the price to a level that will entice genuine homebuyer interest or approach a sell house fast or auction company like Property Solvers.

Please note that this is not an indicator of how quickly property sales are taking to complete (i.e. to go through the whole conveyancing process). This measurement also does not take into account the risk of home sales falling through.

No. of New Instructions Over the Last 12 Months in Rhyl

Using local estate agency reported data, this chart illustrates the number of properties that have come on to the market.

No. of Agreed Home Sales Over the Last 12 Months in Rhyl

Using local estate agency reported data, this chart illustrates the number of property sales agreed. Note that these figures are not fully reflective of properties completed (sold and registered as such at HM Land Registry).

No. of Properties with Price Reductions in Rhyl

Using local estate agency reported data, this chart illustrates the number of properties which have been seen their prices dropped (typically due to a lack of buyer interest).

Average Annual House Prices in the Rhyl since 1995

Using HM Land Registry data, this chart displays average annual house prices in the Rhyl area since 1995.

Recent Property Sales in Rhyl

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
31 Oakwood Road, Rhyl, Denbighshire, LL18 4BH£195,000£190,000-£5,00027 Jun 202327 Mar 2024274 Days
2 Cambrian Walk, Rhyl, Denbighshire, LL18 4UR£195,000£190,000-£5,00018 Nov 202322 Mar 2024125 Days
5 Norbreck Drive, Rhyl, Denbighshire, LL18 4UA£175,000£172,500-£2,50006 Jul 202315 Mar 2024253 Days
9 Lon Hafren, Rhyl, Denbighshire, LL18 4FE£250,000£242,000-£8,00004 Feb 202312 Mar 2024402 Days
22 Bedford Street, Rhyl, Denbighshire, LL18 1SY£125,000£113,500-£11,50003 Oct 202308 Mar 2024157 Days
Bankfields, Larkmount Road, Rhyl, Denbighshire, LL18 4DH£135,000£125,000-£10,00025 Nov 202308 Mar 2024104 Days
23 Rhuddlan Road, Rhyl, Denbighshire, LL18 2PP£145,000£137,000-£8,00007 Nov 202308 Mar 2024122 Days
18 Rhuddlan Road, Rhyl, Denbighshire, LL18 2PR£275,000£270,000-£5,00016 Nov 202308 Mar 2024113 Days
24 Viola Avenue, Rhyl, Denbighshire, LL18 2NE£184,950£183,000-£1,95012 Dec 202328 Feb 202478 Days
49 Handsworth Crescent, Rhyl, Denbighshire, LL18 4HP£167,000£162,000-£5,00013 Jun 202323 Feb 2024255 Days
15 Buckley Avenue, Rhyl, Denbighshire, LL18 1DW£120,000£111,300-£8,70029 Aug 202321 Feb 2024176 Days
45 Handsworth Crescent, Rhyl, Denbighshire, LL18 4HP£165,000£155,000-£10,00025 Sep 202319 Feb 2024147 Days
34 Graham Drive, Rhyl, Denbighshire, LL18 3RT£169,950£160,000-£9,95004 Oct 202316 Feb 2024135 Days
7 Clifton Grove, Rhyl, Denbighshire, LL18 4AF£179,950£166,000-£13,95013 Nov 202305 Feb 202484 Days
20 Rhuddlan Road, Rhyl, Denbighshire, LL18 2PR£295,000£295,000£0025 Oct 202326 Jan 202493 Days
7 Lynton Walk, Rhyl, Denbighshire, LL18 3RW£245,000£235,000-£10,00012 Sep 202326 Jan 2024136 Days
9 Boughton Avenue, Rhyl, Denbighshire, LL18 3EW£110,000£110,000£0003 Aug 202319 Jan 2024169 Days
108 Rhyl Coast Road, Rhyl, Denbighshire, LL18 3PP£150,000£148,000-£2,00014 Sep 202304 Jan 2024112 Days
62 Rhyl Coast Road, Rhyl, Denbighshire, LL18 3PN£190,000£150,000-£40,00006 Apr 202320 Dec 2023258 Days
29 Woodside Gardens, Rhyl, Denbighshire, LL18 2NW£180,000£175,000-£5,00010 Sep 202215 Dec 2023461 Days

Most Expensive Streets in Rhyl

PostcodeStreetAreaAverageNo. of Sales
LL18 4DYRhydwen Farm MewsRhyl£345,7504
LL18 3AYMarine DriveRhyl£321,2504
LL18 3NNSt Georges CrescentRhyl£310,1666
LL18 4DLLon YstradRhyl£299,9833
LL18 4FPFfordd ElsieRhyl£270,07817
LL18 3NGQueens WalkRhyl£264,6663
LL18 4FELon HafrenRhyl£252,7818
LL18 4DTDyserth RoadRhyl£250,8005
LL18 4FARhodfa LoganRhyl£250,7496
LL18 3EFKinard DriveRhyl£249,3333

Least Expensive Streets in Rhyl

PostcodeStreetAreaAverageNo. of Sales
LL18 1PWJohn StreetRhyl£42,8624
LL18 1AUBodfor StreetRhyl£42,8754
LL18 1ALKinmel StreetRhyl£46,7005
LL18 3DJPlastirion CourtRussell Road£56,7504
LL18 2DLVezey StreetRhyl£70,3333
LL18 1BUSouth Kinmel StreetRhyl£74,9124
LL18 3AUMarine DriveRhyl£77,0004
LL18 1LAWellington RoadRhyl£77,7504
LL18 4JRLon HedynRhyl£81,4927
LL18 1SYBedford StreetRhyl£83,3754

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