Gower Street, Cathays, Cardiff, CF24

Street Guide For Gower Street, Cathays, Cardiff, CF24

 

Gower Street, Cathays, Cardiff, CF24 Map

Estimated Price: £297,986
Average Asking Price: £405,729
Price change in last one year: £17,953
Average Price Paid: £262,891
Average Rent Rates: £783

 

Property Prices Breakdown in Gower Street, Cathays, Cardiff, CF24

Average Price for property in Gower Street, Cathays, Cardiff, CF24 is around £297,986 which varies based on type of property you are interested in and ranges from £393,524 for detached house to around £235,866 for semi-detached. Similarly terraced house is around £214,678 and a flat is worth £211,609. Values have been changing and have risen £1,707 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £4,158 in last 6 months, £17,953 in last 1 year, £22,273 in last 2 years, £29,337 in last 3 years, £25,439 in last 4 years and £23,391 in last 5 years.

Currently average asking price of a property in Gower Street, Cathays, Cardiff, CF24 is around £405,729 based on approximately 377 properties for sale. Same is the case with rental options based on 82 properties up for rent, average asking rent is around £783 per month.

Estimated property value in Gower Street, Cathays, Cardiff, CF24 is £297,986. Average asking price is £405,729 while average price paid is £273,690 which is up by £17,953 and Avg. asking rent £783.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 Gower Street, Cathays, Cardiff, CF24 area. In last 1 year alone average price buyer paid is around £273,690 based on approximately 377 sales in Gower Street, Cathays, Cardiff, CF24 area alone. If you compare it to last 3 years sales of 1,078 properties where buyers paid around £268,193. 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 £262,891 for 1,743 and average amount paid for purchase of approx. 2,386 properties sold in last 7 years comes to about £261,576 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 £120,880, £180,891 for a 2 bedroom house, £283,298 for a 3 bedroom house, £465,714 for a 4 bedroom house and £763,037 for a 5 bedroom house. For a flat similarly the prices varies from £174,112 for a single bedroom to £242,075 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £372,500. To sum up the asking prices for properties in Gower Street, Cathays, Cardiff, CF24 it comes to around average £163,466 for 1 bedroom property, £211,180 for 2 bedroom, £285,216 for 3 bedroom, £465,714 for 4 bedroom and £763,037 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 £672 for 1 bedroom to £666 for 2 bedrooms, £796 for 3 bedrooms, £1,210 for 4 bedrooms and £1,248 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £535. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £797, £637 for 3 bedroom and £973 for 4 bedroom. You should be generally be expecting around average £558 rent per month for single bedroom property, £739 for 2 bedroom, £780 for 3 bedroom, £1,151 for 4 bedroom and approximately £1,248 for a 5 bedroom property in Gower Street, Cathays, Cardiff, CF24 area.

Popular Houses in Gower Street, Cathays, Cardiff, CF24

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 Gower Street, Cathays, Cardiff, CF24