Llanelli

Area Guide For Llanelli

Bryn is a village situated east of Llanelli in Carmarthenshire, Wales. It is part of the Llanelli Rural community, and it borders the villages of Llwynhendy, Llangennech, Dafen and Pemberton. It is mainly a suburban area with surrounding farm land to the north and east.
 
 

Llanelli Map

Estimated Price: £139,358
Average Asking Price: £168,729
Price change in last one year: £13,557
Average Price Paid: £122,301
Average Rent Rates: £639

 
 

Property Prices Breakdown in Llanelli

Average Price for property in Llanelli is around £139,358 which varies based on type of property you are interested in and ranges from £215,581 for detached house to around £118,325 for semi-detached. Similarly terraced house is around £98,350 and a flat is worth £120,132. Values have been changing and have risen £2,611 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £7,010 in last 6 months, £13,557 in last 1 year, £16,631 in last 2 years, £18,641 in last 3 years, £17,531 in last 4 years and £12,947 in last 5 years.

Currently average asking price of a property in Llanelli is around £168,729 based on approximately 826 properties for sale. Same is the case with rental options based on 188 properties up for rent, average asking rent is around £639 per month.

Estimated property value in Llanelli is £139,358. Average asking price is £168,729 while average price paid is £127,318 which is up by £13,557 and Avg. asking rent £639.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 Llanelli area. In last 1 year alone average price buyer paid is around £127,318 based on approximately 826 sales in Llanelli area alone. If you compare it to last 3 years sales of 2,286 properties where buyers paid around £124,340. 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 £122,301 for 3,565 and average amount paid for purchase of approx. 4,790 properties sold in last 7 years comes to about £123,761 per sale.

 
 

Properties For Sale in Llanelli

 
 

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 £107,496, £101,393 for a 2 bedroom house, £130,592 for a 3 bedroom house, £225,758 for a 4 bedroom house and £314,304 for a 5 bedroom house. For a flat similarly the prices varies from £47,498 for a single bedroom to £102,739 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £135,624. To sum up the asking prices for properties in Llanelli it comes to around average £87,497 for 1 bedroom property, £101,610 for 2 bedroom, £130,632 for 3 bedroom, £225,758 for 4 bedroom and £314,304 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 £549 for 1 bedroom to £430 for 2 bedroom, £500 for 3 bedroom and £638 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £355. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £476 and £633 for 3 bedroom. You should be generally be expecting around average £427 rent per month for single bedroom property, £443 for 2 bedroom, £503 for 3 bedroom and approximately £638 for 4 bedroom property in Llanelli area.

Popular Houses in Llanelli

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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