Values have been changing and have risen £186 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £594 in last 6 months, £2,959 in last 1 year, £5,185 in last 2 years, £5,212 in last 3 years, £5,682 in last 4 years and £3,576 in last 5 years.
Currently average asking price of a property in Honeyfield Road, Rassau, Ebbw Vale, NP23 is around £110,286 based on approximately 1 properties for sale. Same is the case with rental options based on 40 properties up for rent, average asking rent is around £451 per month.
Estimated property value in Honeyfield Road, Rassau, Ebbw Vale, NP23 is £69,463. Average asking price is £110,286 while average price paid is £25,000 which is up by £2,959 and Avg. asking rent £451.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 Honeyfield Road, Rassau, Ebbw Vale, NP23 area. In last 1 year alone average price buyer paid is around £25,000 based on approximately 1 sales in Honeyfield Road, Rassau, Ebbw Vale, NP23 area alone. If you compare it to last 3 years sales of 1 properties where buyers paid around £25,000. 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 £47,434 for 7 and average amount paid for purchase of approx. 7 properties sold in last 7 years comes to about £47,434 per sale.