Cae Melyn, Aberystwyth, SY23

Street Guide For Cae Melyn, Aberystwyth, SY23

 

Cae Melyn, Aberystwyth, SY23 Map

Estimated Price: £319,548
Average Asking Price: £235,539
Price change in last one year: £8,963
Average Price Paid: £307,833
Average Rent Rates: £818

 

Property Prices Breakdown in Cae Melyn, Aberystwyth, SY23

Average Price for property in Cae Melyn, Aberystwyth, SY23 is around £319,548 which varies based on type of property you are interested in and ranges from £317,325 for detached house to around £341,771 for semi-detached. Values have been changing and have risen £53 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,860 in last 6 months, £8,963 in last 1 year, £19,008 in last 2 years, £15,416 in last 3 years, £21,287 in last 4 years and £16,081 in last 5 years.

Currently average asking price of a property in Cae Melyn, Aberystwyth, SY23 is around £235,539 based on approximately 1 properties for sale. Same is the case with rental options based on 231 properties up for rent, average asking rent is around £818 per month.

Estimated property value in Cae Melyn, Aberystwyth, SY23 is £319,548. Average asking price is £235,539 while average price paid is £305,000 which is up by £8,963 and Avg. asking rent £818.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 Cae Melyn, Aberystwyth, SY23 area. In last 1 year alone average price buyer paid is around £305,000 based on approximately 1 sales in Cae Melyn, Aberystwyth, SY23 area alone. If you compare it to last 3 years sales of 3 properties where buyers paid around £307,833. 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 £307,833 for 3 and average amount paid for purchase of approx. 3 properties sold in last 7 years comes to about £307,833 per sale.

 
 

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 £158,250, £164,418 for a 2 bedroom house, £229,039 for a 3 bedroom house, £327,717 for a 4 bedroom house and £318,449 for a 5 bedroom house. For a flat similarly the prices varies from £105,143 for a single bedroom to £147,987 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £219,988. To sum up the asking prices for properties in Cae Melyn, Aberystwyth, SY23 it comes to around average £116,944 for 1 bedroom property, £156,374 for 2 bedroom, £228,745 for 3 bedroom, £327,717 for 4 bedroom and £318,449 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 £394 for 1 bedroom to £767 for 2 bedrooms, £630 for 3 bedrooms, £745 for 4 bedrooms and £1,038 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £478. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £604, £800 for 3 bedroom, £997 for 4 bedroom and around £423 for 5 bedroom flat. You should be generally be expecting around average £440 rent per month for single bedroom property, £669 for 2 bedroom, £686 for 3 bedroom, £806 for 4 bedroom and approximately £1,005 for a 5 bedroom property in Cae Melyn, Aberystwyth, SY23 area.

Popular Houses in Cae Melyn, Aberystwyth, SY23

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.

Areas in and around Cae Melyn, Aberystwyth, SY23