Heol Pengwern, Newtown, SY16

Street Guide For Heol Pengwern, Newtown, SY16

 

Heol Pengwern, Newtown, SY16 Map

Estimated Price: £98,516
Average Asking Price: £233,340
Price change in last one year: £2,166
Average Price Paid: £102,000
Average Rent Rates: £2,486

 

Property Prices Breakdown in Heol Pengwern, Newtown, SY16

Average Price for property in Heol Pengwern, Newtown, SY16 is around £98,516 which varies based on type of property you are interested in and ranges from £120,646 for detached house to around £113,467 for semi-detached. Similarly terraced house is around £82,337 and a flat is worth £70,035. Values have been changing and have risen £207 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £536 in last 6 months, £2,166 in last 1 year, £5,487 in last 2 years, £7,224 in last 3 years, £7,316 in last 4 years and £4,872 in last 5 years.

Currently average asking price of a property in Heol Pengwern, Newtown, SY16 is around £233,340 based on approximately 1 properties for sale. Same is the case with rental options based on 3 properties up for rent, average asking rent is around £2,486 per month.

Estimated property value in Heol Pengwern, Newtown, SY16 is £98,516. Average asking price is £233,340 while average price paid is £120,000 which is up by £2,166 and Avg. asking rent £2,486.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 Heol Pengwern, Newtown, SY16 area. In last 1 year alone average price buyer paid is around £120,000 based on approximately 1 sales in Heol Pengwern, Newtown, SY16 area alone. If you compare it to last 3 years sales of 2 properties where buyers paid around £94,000. 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 £102,000 for 4 and average amount paid for purchase of approx. 5 properties sold in last 7 years comes to about £94,600 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 £132,500, £161,238 for a 2 bedroom house, £218,275 for a 3 bedroom house, £264,993 for a 4 bedroom house and £387,475 for a 5 bedroom house. To sum up the asking prices for properties in Heol Pengwern, Newtown, SY16 it comes to around average £132,500 for 1 bedroom property, £161,238 for 2 bedroom, £218,275 for 3 bedroom, £264,993 for 4 bedroom and £387,475 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 £524 for 3 bedroom. You should be generally be expecting around average £524 rent per month for 3 bedroom property in Heol Pengwern, Newtown, SY16 area.

Popular Houses in Heol Pengwern, Newtown, SY16

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 Heol Pengwern, Newtown, SY16