Bridgend

Area Guide For Bridgend

Bridgend is an area district in the noteworthy region of Glamorgan, south Wales. The area precinct has an aggregate populace of 130,000 individuals, and contains the settlements of Bridgend, after which it is named, Maesteg, and the ocean side town of Porthcawl. Its individual from the National Assembly for Wales is Carwyn Jones, the First Minister of Wales, and its Member of Parliament is Madeleine Moon. The district ward lies at the topographical heart of south Wales. Its land territory of 285 square kilometers extends 20â km from east to west and involves the Llynfi, Garw and Ogmore valleys. The biggest town is Bridgend (pop: 39,773), emulated by Maesteg (pop: 20,700) and ocean side resort of Porthcawl (pop: 19,238). It is based around the Ogmore River and its tributaries, despite the fact that the Ewenny and Ogwr Fach waterways are viewed as the outskirt with the Vale of Glamorgan for a lot of their length. It was shaped on 1 April 1996 under the Local Government (Wales) Act 1994. It incorporates the greater part of the previous Ogwr ward separated from the groups of Wick, St Bride's Major and Ewenny, which went to Vale of Glamorgan.

 
 

Bridgend Map

Estimated Price: £148,961
Average Asking Price: £203,677
Price change in last one year: £2,053
Average Price Paid: £140,464
Average Rent Rates: £1,059

 
 

Property Prices Breakdown in Bridgend

Average Price for property in Bridgend is around £148,961 which varies based on type of property you are interested in and ranges from £226,575 for detached house to around £128,817 for semi-detached. Similarly terraced house is around £96,906 and a flat is worth £96,795. Values have been changing and have risen £1,516 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £4,039 in last 6 months, £2,053 in last 1 year, £9,676 in last 2 years, £9,259 in last 3 years, £11,186 in last 4 years and £5,591 in last 5 years.

Currently average asking price of a property in Bridgend is around £203,677 based on approximately 1,382 properties for sale. Same is the case with rental options based on 3,511 properties up for rent, average asking rent is around £1,059 per month.

Estimated property value in Bridgend is £148,961. Average asking price is £203,677 while average price paid is £145,902 which is up by £2,053 and Avg. asking rent £1,059.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 £145,902 based on approximately 1,382 sales in Bridgend area alone. If you compare it to last 3 years sales of 3,860 properties where buyers paid around £141,805. 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 £140,464 for 6,032 and average amount paid for purchase of approx. 8,129 properties sold in last 7 years comes to about £140,213 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 £95,972, £113,887 for a 2 bedroom house, £145,024 for a 3 bedroom house, £291,102 for a 4 bedroom house and £470,713 for a 5 bedroom house. For a flat similarly the prices varies from £105,127 for a single bedroom to £152,413 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £197,364 and £235,000 for a 4 bedroom flat. To sum up the asking prices for properties in Bridgend it comes to around average £103,267 for 1 bedroom property, £127,556 for 2 bedroom, £146,422 for 3 bedroom, £290,947 for 4 bedroom and £470,713 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 £387 for 1 bedroom to £545 for 2 bedrooms, £641 for 3 bedrooms, £1,017 for 4 bedrooms and £1,251 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £521. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £670, £882 for 3 bedroom, £3,538 for 4 bedroom and around £1,404 for 5 bedroom flat. You should be generally be expecting around average £492 rent per month for single bedroom property, £620 for 2 bedroom, £689 for 3 bedroom, £1,254 for 4 bedroom and approximately £1,264 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

Browse by Streets in Bridgend

Browse by Outcodes in Bridgend