Abergavenny

Area Guide For Abergavenny

Sarno is a town and comune of Campania, Italy, in the province of Salerno, 20 km northeast from the city of Salerno and 60 km east of Naples by the main railway. It lies at the foot of the Appennines, near the sources of the Sarno River, called Sarnus in ancient times, a stream connected by canal with Pompei and the sea. Paper, cotton, silk, linen and hemp are manufactured. The travertine which forms round the springs of the Sarno was used even at ancient Pompeii as building material. Before its incorporation with the domains of the crown of Naples, Sarno gave its name to a county held in succession by the Orsini, Coppola, Suttavilla, and Colonna families. On May 5, 1998 Sarno and the neighbouring villages of Quindici, Siano and Bracigliano were devastated by a series of landslides. 180 houses were destroyed, 450 severely damaged, and 161 people died in what was one of the biggest catastrophes of its kind in modern Italy. The landslides had been caused by several days of torrential rainfalls, but were also blamed on agricultural, residential and industrial overexploitation and the lack of any substantial environmental programs. The catastrophe prompted the Italian Ministry of the
 
 

Abergavenny Map

Estimated Price: £249,106
Average Asking Price: £327,688
Price change in last one year: £25,557
Average Price Paid: £211,196
Average Rent Rates: £901

 
 

Property Prices Breakdown in Abergavenny

Average Price for property in Abergavenny is around £249,106 which varies based on type of property you are interested in and ranges from £335,211 for detached house to around £205,516 for semi-detached. Similarly terraced house is around £173,146 and a flat is worth £134,786. Values have been changing and have risen £3,805 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £9,200 in last 6 months, £25,557 in last 1 year, £12,100 in last 2 years, £29,716 in last 3 years, £27,812 in last 4 years and £26,092 in last 5 years.

Currently average asking price of a property in Abergavenny is around £327,688 based on approximately 314 properties for sale. Same is the case with rental options based on 45 properties up for rent, average asking rent is around £901 per month.

Estimated property value in Abergavenny is £249,106. Average asking price is £327,688 while average price paid is £216,600 which is up by £25,557 and Avg. asking rent £901.Based on an Online Survey

Buyers are willing to pay high dollar prices to grab these properties because of the recent trend in real estate investment especially in Abergavenny area. In last 1 year alone average price buyer paid is around £216,600 based on approximately 314 sales in Abergavenny area alone. If you compare it to last 3 years sales of 934 properties where buyers paid around £214,491. It has been same for some time now for e.g. if you take an average of amount paid in last 5 years, it comes to around £211,196 for 1,469 and average amount paid for purchase of approx. 1,927 properties sold in last 7 years comes to about £208,534 per sale.

 
 

Properties For Sale in Abergavenny

 
 

Breakdown of asking prices for homes of different sizes show that price varies clearly based on no of bedrooms and type of house. Asking price for a house with 1 bedroom is around £119,988, £210,870 for a 2 bedroom house, £282,742 for a 3 bedroom house, £392,049 for a 4 bedroom house and £565,326 for a 5 bedroom house. For a flat similarly the prices varies from £130,241 for a single bedroom to £160,562 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £235,000. To sum up the asking prices for properties in Abergavenny it comes to around average £126,140 for 1 bedroom property, £193,744 for 2 bedroom, £282,180 for 3 bedroom, £392,049 for 4 bedroom and £565,326 for a 5 bedroom property.

Rent per calendar month varies similarly based on type and size of the house. If you look at the rents per month for houses alone it can vary from £531 for 1 bedroom to £641 for 2 bedrooms, £622 for 3 bedrooms, £950 for 4 bedrooms and £2,750 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £403. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £599. You should be generally be expecting around average £440 rent per month for single bedroom property, £618 for 2 bedroom, £622 for 3 bedroom, £950 for 4 bedroom and approximately £2,750 for a 5 bedroom property in Abergavenny area.

Popular Houses in Abergavenny

Disclaimer : Location real estate estimates and values are based on House price index background data and Sales data provided by United Kingdom Land registry Records available as public records from their website. This information is updated monthly on our website and may not reflect all public transactions. This information is based on estimated calculation generated from our developed algorithms. We are striving to make this information as accurate and useful as possible. This data covers the transactions received at Land Registry in the period 1/1/1995 to 9/1/2014. © Crown copyright 2014. Data produced by Land Registry © Crown copyright 2014.

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