Gored Terrace, Melincourt, Neath, SA11

Street Guide For Gored Terrace, Melincourt, Neath, SA11

 

Gored Terrace, Melincourt, Neath, SA11 Map

Estimated Price: £69,281
Average Asking Price: £134,889
Price change in last one year: £4,363
Average Price Paid: £63,983
Average Rent Rates: £552

 

Property Prices Breakdown in Gored Terrace, Melincourt, Neath, SA11

Average Price for property in Gored Terrace, Melincourt, Neath, SA11 is around £69,281 which varies based on type of property you are interested in and ranges from £72,804 for semi-detached to around £68,986 for terraced house. Values have been changing and have risen £452 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,397 in last 6 months, £4,363 in last 1 year, £5,603 in last 2 years, £6,168 in last 3 years, £4,489 in last 4 years and £4,951 in last 5 years.

Currently average asking price of a property in Gored Terrace, Melincourt, Neath, SA11 is around £134,889 based on approximately 1 properties for sale. Same is the case with rental options based on 89 properties up for rent, average asking rent is around £552 per month.

Estimated property value in Gored Terrace, Melincourt, Neath, SA11 is £69,281. Average asking price is £134,889 while average price paid is £49,950 which is up by £4,363 and Avg. asking rent £552.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 Gored Terrace, Melincourt, Neath, SA11 area. In last 1 year alone average price buyer paid is around £49,950 based on approximately 1 sales in Gored Terrace, Melincourt, Neath, SA11 area alone. If you compare it to last 3 years sales of 2 properties where buyers paid around £58,475. 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 £63,983 for 3 and average amount paid for purchase of approx. 5 properties sold in last 7 years comes to about £64,390 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 £106,315, £86,772 for a 2 bedroom house, £111,569 for a 3 bedroom house, £210,120 for a 4 bedroom house and £300,960 for a 5 bedroom house. For a flat similarly the prices varies from £65,000 for a 2 bedroom to £54,995 for a 3 bedroom Flat. To sum up the asking prices for properties in Gored Terrace, Melincourt, Neath, SA11 it comes to around average £106,315 for 1 bedroom property, £85,980 for 2 bedroom, £111,173 for 3 bedroom, £210,120 for 4 bedroom and £300,960 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 £326 for 1 bedroom to £414 for 2 bedroom and £463 for 3 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £318. 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 £322 rent per month for single bedroom property, £416 for 2 bedroom and approximately £463 for 3 bedroom property in Gored Terrace, Melincourt, Neath, SA11 area.

Popular Houses in Gored Terrace, Melincourt, Neath, SA11

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 Gored Terrace, Melincourt, Neath, SA11