Derwen Way, Abergavenny, NP7

Street Guide For Derwen Way, Abergavenny, NP7

 

Derwen Way, Abergavenny, NP7 Map

Estimated Price: £136,279
Average Asking Price: £328,456
Price change in last one year: £9,825
Average Price Paid: £126,950
Average Rent Rates: £882

 

Property Prices Breakdown in Derwen Way, Abergavenny, NP7

Average Price for property in Derwen Way, Abergavenny, NP7 is around £136,279 which varies based on type of property you are interested in and ranges from £134,860 for semi-detached to around £137,556 for terraced house. Values have been changing and have risen £924 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,435 in last 6 months, £9,825 in last 1 year, £9,281 in last 2 years, £13,827 in last 3 years, £13,817 in last 4 years and £10,201 in last 5 years.

Currently average asking price of a property in Derwen Way, Abergavenny, NP7 is around £328,456 based on approximately 2 properties for sale. Same is the case with rental options based on 47 properties up for rent, average asking rent is around £882 per month.

Estimated property value in Derwen Way, Abergavenny, NP7 is £136,279. Average asking price is £328,456 while average price paid is £127,000 which is up by £9,825 and Avg. asking rent £882.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 Derwen Way, Abergavenny, NP7 area. In last 1 year alone average price buyer paid is around £127,000 based on approximately 2 sales in Derwen Way, Abergavenny, NP7 area alone. If you compare it to last 3 years sales of 4 properties where buyers paid around £126,000. 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 £126,950 for 6 and average amount paid for purchase of approx. 6 properties sold in last 7 years comes to about £126,950 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 £119,988, £210,870 for a 2 bedroom house, £280,584 for a 3 bedroom house, £392,049 for a 4 bedroom house and £565,326 for a 5 bedroom house. For a flat similarly the prices varies from £130,241 for a single bedroom to £160,562 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £235,000. To sum up the asking prices for properties in Derwen Way, Abergavenny, NP7 it comes to around average £126,140 for 1 bedroom property, £193,744 for 2 bedroom, £280,060 for 3 bedroom, £392,049 for 4 bedroom and £565,326 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 £531 for 1 bedroom to £641 for 2 bedrooms, £604 for 3 bedrooms, £935 for 4 bedrooms and £2,750 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £383. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £599. You should be generally be expecting around average £425 rent per month for single bedroom property, £618 for 2 bedroom, £604 for 3 bedroom, £935 for 4 bedroom and approximately £2,750 for a 5 bedroom property in Derwen Way, Abergavenny, NP7 area.

Popular Houses in Derwen Way, Abergavenny, NP7

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 Derwen Way, Abergavenny, NP7