Kidwelly

Area Guide For Kidwelly

Kidwelly (Welsh: Cydweli) is a town and group in Carmarthenshire, west Wales, give or take 10 miles (16 km) north-west of the primary town of Llanelli. In the 2001 statistics the group of Kidwelly gave back a populace of 3,289. It lies on the River Gwendraeth above Carmarthen Bay. The most punctual composed type of the name, 'Cetgueli', is recorded by the friar, Nennius, writing in the ninth century. One hypothesis is that the name implies the area, region, or kingdom of Cadwal. An alternate hypothesis is that the name is the mix of the two words "Cyd" (joint) and "Gweli" (cot), i.e., the joining of the two stream couches Gwendraeth Fawr and Gwendraeth Fach, wherein Cydweli lies. The town itself is antiquated, created by composed records at around 1106 AD.                               

 
 

Kidwelly Map

Estimated Price: £149,759
Average Asking Price: £191,028
Price change in last one year: £6,888
Average Price Paid: £136,610
Average Rent Rates: £454

 
 

Property Prices Breakdown in Kidwelly

Average Price for property in Kidwelly is around £149,759 which varies based on type of property you are interested in and ranges from £221,813 for detached house to around £112,329 for semi-detached. Similarly terraced house is around £100,606 and a flat is worth £130,467. Values have been changing and have risen £269 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £782 in last 6 months, £6,888 in last 1 year, £11,508 in last 2 years, £14,848 in last 3 years, £12,203 in last 4 years and £12,030 in last 5 years.

Currently average asking price of a property in Kidwelly is around £191,028 based on approximately 83 properties for sale. Same is the case with rental options based on 16 properties up for rent, average asking rent is around £454 per month.

Estimated property value in Kidwelly is £149,759. Average asking price is £191,028 while average price paid is £126,032 which is up by £6,888 and Avg. asking rent £454.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 Kidwelly area. In last 1 year alone average price buyer paid is around £126,032 based on approximately 83 sales in Kidwelly area alone. If you compare it to last 3 years sales of 275 properties where buyers paid around £125,960. 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 £136,610 for 435 and average amount paid for purchase of approx. 534 properties sold in last 7 years comes to about £139,157 per sale.

 
 

Properties For Sale in Kidwelly

 
 

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 2 bedroom is around £113,983, £139,990 for a 3 bedroom house, £248,764 for a 4 bedroom house and £360,222 for a 5 bedroom house. For a flat the prices of 2 bedroom is £91,817. To sum up the asking prices for properties in Kidwelly it comes to around average £110,483 for 2 bedroom property, £139,990 for 3 bedroom, £248,764 for 4 bedroom and £360,222 for 5 bedroom.

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 £436 for 2 bedroom to £496 for 3 bedroom. But if you are interested in renting a 2 bedroom flat then rent per month can be around £399. You should be generally be expecting around average £428 rent per month for 2 bedroom property and approximately £496 for 3 bedroom property in Kidwelly area.

Popular Houses in Kidwelly

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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