Chester & Cheshire

North Wales Property Market Flourishes In 2016

It’s a very good time to be a North Wales estate agent. The value of property for sale in Hawarden, Mold, Ruthin, and Denbigh is rising precisely as the most optimistic reports of 2015 speculated they would, though with it comes fantastic opportunity for buyers of all kinds. From seasoned property buyers whom are after something spectacular, to those who wish to relocate to the country, to those that are looking to make their first step onto the property ladder - Estate agents in North Wales have something for absolutely everyone.

But why is this happening? Reports placed initially in 2015 predicted a surge in house prices within North Wales this year due to varying redevelopment and regeneration work; including the much-vaunted Welsh Assembly’s Vibrant and Viable Places Grant.  In particular the housing market in Flintshire appears to be thriving. Flintshire in 2016 boasts average prices higher than those in neighbouring counties, suggesting that Flintshire is being noticed as a real option for those that wish to escape cities and larger towns to live in the countryside and commute to work.

Mold in particular is reported to be selling particularly well to investors, likely due to the ease of getting onto the A55 and close proximity to Flint and Chester. That's not to discount any of the surrounding districts, though. All within North Wales shows very real indication of an upturn, Conwy is also showing signs that it's steady growth has not ceased in 2016. House prices have been noted to have increased by an average of £12,000 compared to last May. There is real indication that regeneration work in Colwyn Bay will see prices increase further within Conwy, while mainstay favourites such as Conwy town, Deganwy and Llandudno prove to be as charming as ever - still commanding an immense pulling power with buyers due to their picturesque settings and technological improvements. Essentially, in 2016 a buyer can obtain a home in North Wales which boasts mountains, scenery, even the seaside all on their doorstep - and this buyer can work from within them remotely.

Denbighshire shows the potential for investment with a series of new developments with it's seaside towns proving to be spectacular value for first-time buyers, with real opportunity to buy low and sell high once the series of projects nears completion. However away from the coastal strip, properties in areas such as Ruthin are very much under the same growth. Prices have held up and the area's idyllic location of a bustling market town set a stone’s throw away from the Vale of Clwyd's fantastic scenery, yet still close to urban centres like Wrexham and Chester.

All-in-all, we're confident that prices within North Wales are going to continue to rise.  

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