Newcastle Emlyn

Area Guide For Newcastle Emlyn

Newcastle Emlyn (Welsh: Castell Newydd Emlyn) is a town straddling the areas of Ceredigion and Carmarthenshire in west Wales (however authoritatively it is in Carmarthenshire) and lying on the River Teifi. Adpar is the piece of the town that lies on the Ceredigion side of the River Teifi. It was earlier called Trefhedyn and was an antiquated Welsh precinct in its own particular right. The town takes its name from the cantref of Emlyn which was an authoritative region in Medieval Dyfed. The cantref was made piece of the Norman March in the twelfth century. In 1895, the Teifi Valley Railway of the Great Western Railway arrived at Newcastle Emlyn railway station. Originally imagined as a 7 ft 1⁄4 in (2,140 mm) wide gage line in the middle of Carmarthen and Cardigan by the Carmarthen and Cardigan Railway, it was retained into the GWR who formed the line into Newcastle Emlyn, the organization saw no reason for building up the line past this point, thus it turned into a terminus.

 
 

Newcastle Emlyn Map

Estimated Price: £219,028
Average Asking Price: £222,016
Price change in last one year: £12,300
Average Price Paid: £168,871
Average Rent Rates: £650

 
 

Property Prices Breakdown in Newcastle Emlyn

Average Price for property in Newcastle Emlyn is around £219,028 which varies based on type of property you are interested in and ranges from £249,984 for detached house to around £163,092 for semi-detached. Similarly terraced house is around £130,527 and a flat is worth £69,500. Values have been changing and have risen £885 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,952 in last 6 months, £12,300 in last 1 year, £17,765 in last 2 years, £22,051 in last 3 years, £17,605 in last 4 years and £15,252 in last 5 years.

Currently average asking price of a property in Newcastle Emlyn is around £222,016 based on approximately 46 properties for sale. Same is the case with rental options based on 3 properties up for rent, average asking rent is around £650 per month.

Estimated property value in Newcastle Emlyn is £219,028. Average asking price is £222,016 while average price paid is £165,958 which is up by £12,300 and Avg. asking rent £650.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 Newcastle Emlyn area. In last 1 year alone average price buyer paid is around £165,958 based on approximately 46 sales in Newcastle Emlyn area alone. If you compare it to last 3 years sales of 130 properties where buyers paid around £165,846. 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 £168,871 for 195 and average amount paid for purchase of approx. 264 properties sold in last 7 years comes to about £170,453 per sale.

 
 

Properties For Sale in Newcastle Emlyn

 
 

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 £139,975, £123,715 for a 2 bedroom house, £203,525 for a 3 bedroom house, £235,600 for a 4 bedroom house and £479,433 for a 5 bedroom house. To sum up the asking prices for properties in Newcastle Emlyn it comes to around average £139,975 for 1 bedroom property, £123,715 for 2 bedroom, £203,525 for 3 bedroom, £235,600 for 4 bedroom and £479,433 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 £494 for 2 bedroom to £975 for 3 bedroom and £646 for 4 bedroom. You should be generally be expecting around average £494 rent per month for 2 bedroom property, £975 for 3 bedroom and approximately £646 for 4 bedroom property in Newcastle Emlyn area.

Popular Houses in Newcastle Emlyn

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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