Hengoed

Area Guide For Hengoed

Hengoed is a town on the west side of the Rhymney Valley - between Ystrad Mynach to the South and Cefn Hengoed to the North. Over the valley it looks towards Maesycwmmer. The town is in the province district of Caerphilly, in the customary region of Glamorgan, Wales. The name truly signifies 'old wood' in the Welsh dialect. The appointive ward of Hengoed incorporates the towns of Hengoed and Cefn Hengoed and a piece of Tir-y-Berth in the north west. The ward populace was recorded at 5,044 in the 2001 evaluation however is liable to have developed as there have been a few new-form lodging improvements in the ward somewhere around 2001 and 2008. The ward of Hengoed falls inside the parliamentary body electorate of Caerphilly. The current Member of Parliament for Caerphilly is Wayne David who speaks to the Labor Party. The Welsh Assembly part for Caerphilly is Jeff Cuthbert AM of the Wales Labor Party. The Hengoed ward has two seats on Caerphilly Council. Both are presently held by Plaid Cymru. The Councilors are Dennis Bolter and Judith Pritchard. Cllr Pritchard is an individual from the Cabinet holding the portfolio for Social Services.

 
 

Hengoed Map

Estimated Price: £136,425
Average Asking Price: £160,682
Price change in last one year: £1,473
Average Price Paid: £131,676
Average Rent Rates: £459

 
 

Property Prices Breakdown in Hengoed

Average Price for property in Hengoed is around £136,425 which varies based on type of property you are interested in and ranges from £200,065 for detached house to around £120,515 for semi-detached. Similarly terraced house is around £101,104 and a flat is worth £93,709. Values have been changing and have risen £1,240 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £3,348 in last 6 months, £1,473 in last 1 year, £8,691 in last 2 years, £9,116 in last 3 years, £6,142 in last 4 years and £8,819 in last 5 years.

Currently average asking price of a property in Hengoed is around £160,682 based on approximately 232 properties for sale. Same is the case with rental options based on 8 properties up for rent, average asking rent is around £459 per month.

Estimated property value in Hengoed is £136,425. Average asking price is £160,682 while average price paid is £135,375 which is up by £1,473 and Avg. asking rent £459.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 Hengoed area. In last 1 year alone average price buyer paid is around £135,375 based on approximately 232 sales in Hengoed area alone. If you compare it to last 3 years sales of 723 properties where buyers paid around £134,324. 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 £131,676 for 1,103 and average amount paid for purchase of approx. 1,483 properties sold in last 7 years comes to about £131,274 per sale.

 
 

Properties For Sale in Hengoed

 
 

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 £114,950, £111,661 for a 2 bedroom house, £120,055 for a 3 bedroom house, £187,661 for a 4 bedroom house and £242,980 for a 5 bedroom house. For a flat similarly the prices varies from £82,995 for a single bedroom to £68,950 for a 3 bedroom Flat. To sum up the asking prices for properties in Hengoed it comes to around average £98,972 for 1 bedroom property, £111,661 for 2 bedroom, £118,594 for 3 bedroom, £187,661 for 4 bedroom and £242,980 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 is £519 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 £425. You should be generally be expecting around average £321 rent per month for single bedroom property, £425 for 2 bedroom and approximately £519 for 3 bedroom property in Hengoed area.

Popular Houses in Hengoed

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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