Abertillery

Area Guide For Abertillery

Abertillery is a town in the province district of Blaenau Gwent in South Wales, 16 miles (26â km) north-west of Newport, initially on the Great Western Railway. Its populace climbed steeply amid the time of mining improvement in South Wales, being 10,846 in the 1891 statistics and 21,945 after ten years. Lying in the sloping mining locale of the previous provinces of Monmouthshire and Glamorganshire, in the valley of the Ebbw Fach, the populace was customarily utilized in the various coal-mines, ironworks and tin-plate lives up to expectations, now dead. Further up the same valley are the mining townships of Nantyglo and Blaina. Abertillery has a conventional style town focus and a few little schools. Today, its populace numbers a little more than 11,000 and is thought to be declining. In 2003, Abertillery was found to have the least expensive houses in the United Kingdom, as indicated by a review by the Halifax, with a normal cost of just £37,872.

 
 

Abertillery Map

Estimated Price: £77,676
Average Asking Price: £85,649
Price change in last one year: £2,371
Average Price Paid: £70,868
Average Rent Rates: £393

 
 

Property Prices Breakdown in Abertillery

Average Price for property in Abertillery is around £77,676 which varies based on type of property you are interested in and ranges from £165,621 for detached house to around £90,916 for semi-detached. Similarly terraced house is around £65,351 and a flat is worth £110,739. Values have been changing and have risen £25 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £194 in last 6 months, £2,371 in last 1 year, £3,119 in last 2 years, £4,659 in last 3 years, £5,742 in last 4 years and £3,203 in last 5 years.

Currently average asking price of a property in Abertillery is around £85,649 based on approximately 169 properties for sale. Same is the case with rental options based on 71 properties up for rent, average asking rent is around £393 per month.

Estimated property value in Abertillery is £77,676. Average asking price is £85,649 while average price paid is £67,711 which is up by £2,371 and Avg. asking rent £393.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 Abertillery area. In last 1 year alone average price buyer paid is around £67,711 based on approximately 169 sales in Abertillery area alone. If you compare it to last 3 years sales of 538 properties where buyers paid around £70,351. 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 £70,868 for 857 and average amount paid for purchase of approx. 1,168 properties sold in last 7 years comes to about £72,929 per sale.

 
 

Properties For Sale in Abertillery

 
 

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 £32,475, £65,622 for a 2 bedroom house, £90,039 for a 3 bedroom house, £170,215 for a 4 bedroom house and £94,950 for a 5 bedroom house. For a flat similarly the prices varies from £43,250 for a single bedroom to £29,950 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £72,500. To sum up the asking prices for properties in Abertillery it comes to around average £37,862 for 1 bedroom property, £64,276 for 2 bedroom, £89,817 for 3 bedroom, £170,215 for 4 bedroom and £94,950 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 £342 for 2 bedroom to £390 for 3 bedroom and £550 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £303. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £353. You should be generally be expecting around average £303 rent per month for single bedroom property, £345 for 2 bedroom, £390 for 3 bedroom and approximately £550 for 4 bedroom property in Abertillery area.

Popular Houses in Abertillery

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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