Ebbw Vale

Area Guide For Ebbw Vale

Ebbw Vale is a town at the leader of the valley framed by the Ebbw Fawr tributary of the Ebbw River in Wales. The Ebbw Vale and Brynmawr conurbation has a populace of approximately 33,000. Initially a somewhat immaterial spot in country Monmouthshire with just around 120 tenants toward the end of the eighteenth century, Ebbw Vale—and the entire valley—was changed by the Industrial Revolution. The Ebbw Vale Iron Works, later to turn into the Ebbw Vale Steelworks, opened in 1778, emulated by the opening of various coal mines around 1790. At its tallness (1930s — 40s) the steel meets expectations in Ebbw Vale was the biggest in Europe, albeit drawing in almost no consideration from German planes amid World War II. By the 1960s around 14,500 individuals were utilized underway in and around Ebbw Vale, yet the end of the century saw an enormous breakdown to the industry. A strike in 1980 was trailed by terminations and redundancies which brought about the destroying of a number of the old plants.

 
 

Ebbw Vale Map

Estimated Price: £99,931
Average Asking Price: £109,012
Price change in last one year: £2,263
Average Price Paid: £89,240
Average Rent Rates: £419

 
 

Property Prices Breakdown in Ebbw Vale

Average Price for property in Ebbw Vale is around £99,931 which varies based on type of property you are interested in and ranges from £170,006 for detached house to around £108,792 for semi-detached. Similarly terraced house is around £76,095 and a flat is worth £64,202. Values have been changing and have risen £362 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,130 in last 6 months, £2,263 in last 1 year, £9,283 in last 2 years, £5,857 in last 3 years, £7,481 in last 4 years and £4,758 in last 5 years.

Currently average asking price of a property in Ebbw Vale is around £109,012 based on approximately 259 properties for sale. Same is the case with rental options based on 38 properties up for rent, average asking rent is around £419 per month.

Estimated property value in Ebbw Vale is £99,931. Average asking price is £109,012 while average price paid is £91,843 which is up by £2,263 and Avg. asking rent £419.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 Ebbw Vale area. In last 1 year alone average price buyer paid is around £91,843 based on approximately 259 sales in Ebbw Vale area alone. If you compare it to last 3 years sales of 781 properties where buyers paid around £87,209. 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 £89,240 for 1,237 and average amount paid for purchase of approx. 1,717 properties sold in last 7 years comes to about £91,486 per sale.

 
 

Properties For Sale in Ebbw Vale

 
 

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 £74,950, £74,497 for a 2 bedroom house, £108,668 for a 3 bedroom house, £186,169 for a 4 bedroom house and £268,300 for a 5 bedroom house. For a flat similarly the prices varies from £41,950 for a single bedroom to £51,690 for a 2 bedroom Flat. Same is the case with 4 bedroom flat £150,000. To sum up the asking prices for properties in Ebbw Vale it comes to around average £63,950 for 1 bedroom property, £72,217 for 2 bedroom, £108,668 for 3 bedroom, £184,266 for 4 bedroom and £268,300 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 £380 for 2 bedroom to £462 for 3 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £321. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £312. You should be generally be expecting around average £320 rent per month for single bedroom property, £373 for 2 bedroom and approximately £462 for 3 bedroom property in Ebbw Vale area.

Popular Houses in Ebbw Vale

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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