Gelli Road, Llanelli, SA14

Street Guide For Gelli Road, Llanelli, SA14

 

Gelli Road, Llanelli, SA14 Map

Estimated Price: £131,826
Average Asking Price: £179,611
Price change in last one year: £9,014
Average Price Paid: £95,426
Average Rent Rates: £716

 

Property Prices Breakdown in Gelli Road, Llanelli, SA14

Average Price for property in Gelli Road, Llanelli, SA14 is around £131,826 which varies based on type of property you are interested in and ranges from £183,333 for detached house to around £127,423 for semi-detached. Similarly terraced house is around £105,656 and a flat is worth £59,447. Values have been changing and have risen £789 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,281 in last 6 months, £9,014 in last 1 year, £12,432 in last 2 years, £11,594 in last 3 years, £10,977 in last 4 years and £10,500 in last 5 years.

Currently average asking price of a property in Gelli Road, Llanelli, SA14 is around £179,611 based on approximately 1 properties for sale. Same is the case with rental options based on 81 properties up for rent, average asking rent is around £716 per month.

Estimated property value in Gelli Road, Llanelli, SA14 is £131,826. Average asking price is £179,611 while average price paid is £85,550 which is up by £9,014 and Avg. asking rent £716.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 Gelli Road, Llanelli, SA14 area. In last 1 year alone average price buyer paid is around £85,550 based on approximately 1 sales in Gelli Road, Llanelli, SA14 area alone. If you compare it to last 3 years sales of 9 properties where buyers paid around £99,450. 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 £95,426 for 13 and average amount paid for purchase of approx. 18 properties sold in last 7 years comes to about £98,405 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 1 bedroom is around £70,000, £98,470 for a 2 bedroom house, £142,436 for a 3 bedroom house, £219,325 for a 4 bedroom house and £318,508 for a 5 bedroom house. For a flat the prices of single bedroom is £47,498. To sum up the asking prices for properties in Gelli Road, Llanelli, SA14 it comes to around average £54,998 for 1 bedroom property, £98,470 for 2 bedroom, £142,436 for 3 bedroom, £219,325 for 4 bedroom and £318,508 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 £412 for 1 bedroom to £436 for 2 bedroom, £522 for 3 bedroom and £674 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £388. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £498. You should be generally be expecting around average £396 rent per month for single bedroom property, £439 for 2 bedroom, £522 for 3 bedroom and approximately £674 for 4 bedroom property in Gelli Road, Llanelli, SA14 area.

Popular Houses in Gelli Road, Llanelli, SA14

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 Gelli Road, Llanelli, SA14