Montgomery

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Area Guide For Montgomery

Montgomery is a town in the Welsh province of Powys. It was already the province town of Montgomeryshire. The town lies one mile from the English outskirt in the Welsh Marches. Its mansion, Montgomery, was begun in 1223, and its area church in 1227. Different areas in the town incorporate The Old Bell Museum, the Offa's Dyke Path, the Robber's Grave and the town divider. The huge Iron Age Hill Fort Ffridd Faldwyn is suited to the NW of the town and to the W of Montgomery Castle.

The town was secured around a Norman stone manor on a ridge. The stronghold had been inherent the early thirteenth century to control an imperative portage over the adjacent River Severn and supplanted a prior motte and bailey fortress at Hendomen, two miles away. A critical supporter of King William I, Roger de Montgomery, initially from Montgomery in the Pays d'Auge in Normandy, was given this some piece of the Welsh Marches by William and his name was given to the town encompassing the manor.

 
 

Montgomery Map

Estimated Price: £217,585
Average Asking Price: £307,012
Price change in last one year: £11,204
Average Price Paid: £197,862
Average Rent Rates: --

 
 

Property Prices Breakdown in Montgomery

Average Price for property in Montgomery is around £217,585 which varies based on type of property you are interested in and ranges from £266,009 for detached house to around £156,980 for semi-detached. Similarly terraced house is around £137,473 and a flat is worth £148,184. Values have been changing and have risen £908 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £5,031 in last 6 months, £11,204 in last 1 year, £18,454 in last 2 years, £20,292 in last 3 years, £20,790 in last 4 years and £16,684 in last 5 years.

Currently average asking price of a property in Montgomery is around £307,012 based on approximately 50 properties for sale.

Estimated property value in Montgomery is £217,585. Average asking price is £307,012 while average price paid is £195,669 which is up by £11,204.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 Montgomery area. In last 1 year alone average price buyer paid is around £195,669 based on approximately 50 sales in Montgomery area alone. If you compare it to last 3 years sales of 156 properties where buyers paid around £197,534. 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 £197,862 for 254 and average amount paid for purchase of approx. 338 properties sold in last 7 years comes to about £197,508 per sale.

 
 

Properties For Sale in Montgomery

 
 

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 £89,950, £172,000 for a 2 bedroom house, £263,207 for a 3 bedroom house, £336,743 for a 4 bedroom house and £537,500 for a 5 bedroom house. To sum up the asking prices for properties in Montgomery it comes to around average £89,950 for 1 bedroom property, £172,000 for 2 bedroom, £263,207 for 3 bedroom, £336,743 for 4 bedroom and £537,500 for a 5 bedroom property.

Popular Houses in Montgomery

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.

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