Derwendeg Avenue, Cefn Fforest, Blackwood, NP12

Street Guide For Derwendeg Avenue, Cefn Fforest, Blackwood, NP12

 

Derwendeg Avenue, Cefn Fforest, Blackwood, NP12 Map

Estimated Price: £86,858
Average Asking Price: £169,779
Price change in last one year: £3,810
Average Price Paid: £67,500
Average Rent Rates: £689

 

Property Prices Breakdown in Derwendeg Avenue, Cefn Fforest, Blackwood, NP12

Average Price for property in Derwendeg Avenue, Cefn Fforest, Blackwood, NP12 is around £86,858 which varies based on type of property you are interested in and ranges from £89,511 for semi-detached to around £74,475 for terraced house. Values have been changing and have risen £305 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £615 in last 6 months, £3,810 in last 1 year, £5,713 in last 2 years, £7,315 in last 3 years, £6,948 in last 4 years and £4,988 in last 5 years.

Currently average asking price of a property in Derwendeg Avenue, Cefn Fforest, Blackwood, NP12 is around £169,779 based on approximately 0 properties for sale. Same is the case with rental options based on 34 properties up for rent, average asking rent is around £689 per month.

Estimated property value in Derwendeg Avenue, Cefn Fforest, Blackwood, NP12 is £86,858. Average asking price is £169,779 while average price paid is £60,000 which is up by £7,315 and Avg. asking rent £689.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 Derwendeg Avenue, Cefn Fforest, Blackwood, NP12 area. In last 3 years alone average price buyer paid is around £60,000 based on approximately 1 sales in Derwendeg Avenue, Cefn Fforest, Blackwood, NP12 area alone. If you compare it to last 5 years sales of 3 properties where buyers paid around £67,500. It has been same for some time now for e.g. if you take an average of amount paid in last 7 years, it comes to around £78,125 for 4 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 2 bedroom is around £109,666, £129,127 for a 3 bedroom house, £208,159 for a 4 bedroom house and £348,974 for a 5 bedroom house. For a flat the prices of 3 bedroom is £159,950. To sum up the asking prices for properties in Derwendeg Avenue, Cefn Fforest, Blackwood, NP12 it comes to around average £109,666 for 2 bedroom property, £129,960 for 3 bedroom, £208,159 for 4 bedroom and £348,974 for 5 bedroom.

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 £475 for 2 bedroom to £516 for 3 bedroom, £750 for 4 bedroom and £897 for 5 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £374. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £469 and £498 for 3 bedroom. You should be generally be expecting around average £374 rent per month for single bedroom property, £473 for 2 bedroom, £515 for 3 bedroom, £750 for 4 bedroom and approximately £897 for a 5 bedroom property in Derwendeg Avenue, Cefn Fforest, Blackwood, NP12 area.

Popular Houses in Derwendeg Avenue, Cefn Fforest, Blackwood, NP12

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 Derwendeg Avenue, Cefn Fforest, Blackwood, NP12