Erw Wen, Welshpool, SY21

Street Guide For Erw Wen, Welshpool, SY21

 

Erw Wen, Welshpool, SY21 Map

Estimated Price: £147,716
Average Asking Price: £256,774
Price change in last one year: £3,242
Average Price Paid: £138,400
Average Rent Rates: £6,834

 

Property Prices Breakdown in Erw Wen, Welshpool, SY21

Average Price for property in Erw Wen, Welshpool, SY21 is around £147,716 which varies based on type of property you are interested in and ranges from £196,189 for detached house to around £132,002 for semi-detached. Similarly terraced house is around £139,380. Values have been changing and have risen £127 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,411 in last 6 months, £3,242 in last 1 year, £7,984 in last 2 years, £9,827 in last 3 years, £11,514 in last 4 years and £8,315 in last 5 years.

Currently average asking price of a property in Erw Wen, Welshpool, SY21 is around £256,774 based on approximately 3 properties for sale. Same is the case with rental options based on 15 properties up for rent, average asking rent is around £6,834 per month.

Estimated property value in Erw Wen, Welshpool, SY21 is £147,716. Average asking price is £256,774 while average price paid is £168,000 which is up by £3,242 and Avg. asking rent £6,834.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 Erw Wen, Welshpool, SY21 area. In last 1 year alone average price buyer paid is around £168,000 based on approximately 3 sales in Erw Wen, Welshpool, SY21 area alone. If you compare it to last 3 years sales of 5 properties where buyers paid around £149,800. 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 £138,400 for 10 and average amount paid for purchase of approx. 11 properties sold in last 7 years comes to about £135,363 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 £174,656, £208,063 for a 3 bedroom house, £280,638 for a 4 bedroom house and £316,450 for a 5 bedroom house. For a flat the prices of 3 bedroom is £79,950. To sum up the asking prices for properties in Erw Wen, Welshpool, SY21 it comes to around average £174,656 for 2 bedroom property, £202,725 for 3 bedroom, £280,638 for 4 bedroom and £316,450 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 £368 for 1 bedroom to £644 for 3 bedroom and £650 for 5 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £340. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £360. You should be generally be expecting around average £349 rent per month for single bedroom property, £360 for 2 bedroom, £644 for 3 bedroom and approximately £650 for 5 bedroom property in Erw Wen, Welshpool, SY21 area.

Popular Houses in Erw Wen, Welshpool, SY21

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 Erw Wen, Welshpool, SY21