Cwmbran

Area Guide For Cwmbran

Old Cwmbrân (Welsh: Hen Gwmbrân; also known as Cwmbrân Village) is an area of Cwmbrân, Torfaen in Wales, within the historic boundaries of Monmouthshire. As its name would suggest, Old Cwmbrân was the 'original' village that the 1950s New Town of Cwmbrân grew out of. Actually, Cwmbrân New Town is an amalgamation of the villages of Pontnewydd, Llanyrafon, Croesyceiliog and (Old) Cwmbrân. Despite being part of the much larger Cwmbrân conurbation, Old Cwmbrân retains many of the amenities of an independent village. The main high street has numerous shops and public houses. The area boasts a large Anglican church and a Roman Catholic church as well as a health centre and small supermarket known as WHAT!. Old Cwmbrân has become the home of Torfaen's First ever licensed sexshop. Geographically Old Cwmbrân is all but merged with adjacent Southville, Llantarnam and Cwmbran Shopping Centre. The shopping centre is but a five minute walk away from the central village area.
 
 

Cwmbran Map

Estimated Price: £153,184
Average Asking Price: £209,582
Price change in last one year: £9,728
Average Price Paid: £133,408
Average Rent Rates: £756

 
 

Property Prices Breakdown in Cwmbran

Average Price for property in Cwmbran is around £153,184 which varies based on type of property you are interested in and ranges from £255,089 for detached house to around £143,106 for semi-detached. Similarly terraced house is around £114,920 and a flat is worth £90,452. Values have been changing and have risen £432 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £567 in last 6 months, £9,728 in last 1 year, £11,408 in last 2 years, £13,877 in last 3 years, £6,736 in last 4 years and £10,665 in last 5 years.

Currently average asking price of a property in Cwmbran is around £209,582 based on approximately 443 properties for sale. Same is the case with rental options based on 30 properties up for rent, average asking rent is around £756 per month.

Estimated property value in Cwmbran is £153,184. Average asking price is £209,582 while average price paid is £133,195 which is up by £9,728 and Avg. asking rent £756.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 Cwmbran area. In last 1 year alone average price buyer paid is around £133,195 based on approximately 443 sales in Cwmbran area alone. If you compare it to last 3 years sales of 1,236 properties where buyers paid around £133,763. 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 £133,408 for 2,010 and average amount paid for purchase of approx. 2,816 properties sold in last 7 years comes to about £133,473 per sale.

 
 

Properties For Sale in Cwmbran

 
 

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 £84,975, £127,387 for a 2 bedroom house, £142,358 for a 3 bedroom house, £300,692 for a 4 bedroom house and £350,020 for a 5 bedroom house. For a flat similarly the prices varies from £69,133 for a single bedroom to £91,856 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £74,950. To sum up the asking prices for properties in Cwmbran it comes to around average £75,470 for 1 bedroom property, £115,028 for 2 bedroom, £141,196 for 3 bedroom, £300,692 for 4 bedroom and £350,020 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 £425 for 1 bedroom to £532 for 2 bedrooms, £546 for 3 bedrooms, £750 for 4 bedrooms and £949 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £412. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £500. You should be generally be expecting around average £416 rent per month for single bedroom property, £522 for 2 bedroom, £546 for 3 bedroom, £750 for 4 bedroom and approximately £949 for a 5 bedroom property in Cwmbran area.

Popular Houses in Cwmbran

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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