Local News & Archive — July 21, 2016 at 12:03 pm — Updated: July 21, 2016 at 12:03 pm

Rhyl makes coastal top ten for falling house prices



A survey has revealed Rhyl have seen some of the biggest falls in property value among British seaside towns.

Figures released by a property website claim the town saw the sixth biggest drop in the past year. On average, a Rhyl property is worth £134,577 – down around 3.37% on last year.

The biggest falls were in Cleethorpes in Lincolnshire, where prices are down by 5.47%. Also in the top ten are Aberystwtyh, the Cruden Bay and Collieston areas of Aberdeen and two Cornish resorts – Looe and Perranporth.

The Zoopla survey also revealed Llandudno had seen some of the biggest price rises on the coast – an average property is now worth £196,074, up 7.56% from 2015.

Porthcawl in the Vale of Glamorgan also recorded a rise of 7.61%, but Margate in Kent recorded the biggest increase in property value – up 12.54% to an average of £202,276.

Leave A Comment Using Facebook (Website Comment Form Below)

Use the form below to post a comment via facebook

Comments are closed.

71 queries in 2.037 seconds.