Values have been changing and have risen £46 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £423 in last 6 months, £3,303 in last 1 year, £5,312 in last 2 years, £5,143 in last 3 years, £6,312 in last 4 years and £4,202 in last 5 years.
Currently average asking price of a property in Caedraw Road, Merthyr Tydfil, CF47 is around £120,249 based on approximately 1 properties for sale. Same is the case with rental options based on 18 properties up for rent, average asking rent is around £772 per month.
Estimated property value in Caedraw Road, Merthyr Tydfil, CF47 is £64,078. Average asking price is £120,249 while average price paid is £77,500 which is up by £3,303 and Avg. asking rent £772.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 Caedraw Road, Merthyr Tydfil, CF47 area. In last 1 year alone average price buyer paid is around £77,500 based on approximately 1 sales in Caedraw Road, Merthyr Tydfil, CF47 area alone. If you compare it to last 3 years sales of 5 properties where buyers paid around £63,100. 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 £56,191 for 9 and average amount paid for purchase of approx. 13 properties sold in last 7 years comes to about £58,670 per sale.