Lancaster Terrace, Merthyr Tydfil, CF47

Street Guide For Lancaster Terrace, Merthyr Tydfil, CF47

 

Lancaster Terrace, Merthyr Tydfil, CF47 Map

Estimated Price: £125,743
Average Asking Price: £120,249
Price change in last one year: £6,477
Average Price Paid: £144,000
Average Rent Rates: £772

 

Property Prices Breakdown in Lancaster Terrace, Merthyr Tydfil, CF47

Average Price for property in Lancaster Terrace, Merthyr Tydfil, CF47 is around £125,743 which varies based on type of property you are interested in and ranges from £94,567 for semi-detached to around £128,862 for terraced house. Values have been changing and have risen £92 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £832 in last 6 months, £6,477 in last 1 year, £10,415 in last 2 years, £10,079 in last 3 years, £12,369 in last 4 years and £8,225 in last 5 years.

Currently average asking price of a property in Lancaster Terrace, Merthyr Tydfil, CF47 is around £120,249 based on approximately 2 properties for sale. Same is the case with rental options based on 18 properties up for rent, average asking rent is around £772 per month.

Estimated property value in Lancaster Terrace, Merthyr Tydfil, CF47 is £125,743. Average asking price is £120,249 while average price paid is £144,000 which is up by £6,477 and Avg. asking rent £772.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 Lancaster Terrace, Merthyr Tydfil, CF47 area. In last 1 year alone average price buyer paid is around £144,000 based on approximately 2 sales in Lancaster Terrace, Merthyr Tydfil, CF47 area alone. If you compare it to last 3 years sales of 2 properties where buyers paid around £144,000. 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 £144,000 for 2 and average amount paid for purchase of approx. 3 properties sold in last 7 years comes to about £134,333 per sale.

 
 

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 £69,995, £76,700 for a 2 bedroom house, £105,174 for a 3 bedroom house, £191,192 for a 4 bedroom house and £254,991 for a 5 bedroom house. For a flat similarly the prices varies from £57,450 for a single bedroom to £69,975 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £75,000. To sum up the asking prices for properties in Lancaster Terrace, Merthyr Tydfil, CF47 it comes to around average £61,632 for 1 bedroom property, £76,088 for 2 bedroom, £104,737 for 3 bedroom, £191,192 for 4 bedroom and £254,991 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 £377 for 1 bedroom to £458 for 2 bedroom and £506 for 3 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £399. You should be generally be expecting around average £388 rent per month for single bedroom property, £458 for 2 bedroom and approximately £506 for 3 bedroom property in Lancaster Terrace, Merthyr Tydfil, CF47 area.

Popular Houses in Lancaster Terrace, Merthyr Tydfil, CF47

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.

Areas in and around Lancaster Terrace, Merthyr Tydfil, CF47