Bridgend

Area Guide For Bridgend

Bridgend is a county borough in the historic county of Glamorgan, south Wales. The county borough has a total population of 130,000 people, and contains the settlements of Bridgend, after which it is named, Maesteg, and the seaside town of Porthcawl. Its member of the National Assembly for Wales is Carwyn Jones, the First Minister of Wales, and its Member of Parliament is Madeleine Moon. The county borough lies at the geographical heart of south Wales. Its land area of 285 square kilometres stretches 20 km from east to west and occupies the Llynfi, Garw and Ogmore valleys. The largest town is Bridgend (pop: 39,773), followed by Maesteg (pop: 20,700) and seaside resort of Porthcawl (pop: 19,238). It is based around the Ogmore River and its tributaries, although the Ewenny and Ogwr Fach rivers are considered the border with the Vale of Glamorgan for much of their length. It was formed on 1 April 1996 under the Local Government (Wales) Act 1994. It includes all of the former Ogwr borough apart from the communities of Wick, St Bride's Major and Ewenny, which went to Vale of Glamorgan. The new act saw the abolishment of civil parishes, and the introduction of

 
 

Bridgend Map

Estimated Price: £154,390
Average Asking Price: £183,014
Price change in last one year: £1,050
Average Price Paid: £143,076
Average Rent Rates: £971

 
 

Property Prices Breakdown in Bridgend

Average Price for property in Bridgend is around £154,390 which varies based on type of property you are interested in and ranges from £236,885 for detached house to around £136,177 for semi-detached. Similarly terraced house is around £98,617 and a flat is worth £111,434. Values have been changing and have risen £1,680 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £4,170 in last 6 months, £1,050 in last 1 year, £8,313 in last 2 years, £8,452 in last 3 years, £8,727 in last 4 years and £7,729 in last 5 years.

Currently average asking price of a property in Bridgend is around £183,014 based on approximately 1,772 properties for sale. Same is the case with rental options based on 308 properties up for rent, average asking rent is around £971 per month.

Estimated property value in Bridgend is £154,390. Average asking price is £183,014 while average price paid is £147,923 which is up by £1,050 and Avg. asking rent £971.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 Bridgend area. In last 1 year alone average price buyer paid is around £147,923 based on approximately 1,772 sales in Bridgend area alone. If you compare it to last 3 years sales of 5,007 properties where buyers paid around £144,494. 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 £143,076 for 7,918 and average amount paid for purchase of approx. 10,675 properties sold in last 7 years comes to about £142,767 per sale.

 
 

Properties For Sale in Bridgend

 
 

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 £101,478, £112,497 for a 2 bedroom house, £139,228 for a 3 bedroom house, £243,594 for a 4 bedroom house and £364,973 for a 5 bedroom house. For a flat similarly the prices varies from £101,031 for a single bedroom to £127,398 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £111,611. To sum up the asking prices for properties in Bridgend it comes to around average £101,197 for 1 bedroom property, £116,205 for 2 bedroom, £139,024 for 3 bedroom, £243,594 for 4 bedroom and £364,973 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 £414 for 1 bedroom to £499 for 2 bedrooms, £547 for 3 bedrooms, £773 for 4 bedrooms and £1,250 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £491. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £527 and £524 for 3 bedroom. You should be generally be expecting around average £468 rent per month for single bedroom property, £512 for 2 bedroom, £547 for 3 bedroom, £773 for 4 bedroom and approximately £1,250 for a 5 bedroom property in Bridgend area.

Popular Houses in Bridgend

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.

Sold Properties in Bridgend

Areas in and around Bridgend