Maerdy, Maerdy, Ferndale, CF43

Street Guide For Maerdy, Maerdy, Ferndale, CF43

 

Maerdy, Maerdy, Ferndale, CF43 Map

Estimated Price: £106,014
Average Asking Price: £69,075
Price change in last one year: £6,207
Average Price Paid: £41,000
Average Rent Rates: £379

 

Property Prices Breakdown in Maerdy, Maerdy, Ferndale, CF43

Average Price for property in Maerdy, Maerdy, Ferndale, CF43 is around £106,014 which varies based on type of property you are interested in and ranges from £212,342 for detached house to around £79,433 for terraced house. Values have been changing and have risen £460 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £939 in last 6 months, £6,207 in last 1 year, £8,869 in last 2 years, £9,667 in last 3 years, £10,574 in last 4 years and £8,495 in last 5 years.

Currently average asking price of a property in Maerdy, Maerdy, Ferndale, CF43 is around £69,075 based on approximately 1 properties for sale. Same is the case with rental options based on 53 properties up for rent, average asking rent is around £379 per month.

Estimated property value in Maerdy, Maerdy, Ferndale, CF43 is £106,014. Average asking price is £69,075 while average price paid is £47,500 which is up by £6,207 and Avg. asking rent £379.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 Maerdy, Maerdy, Ferndale, CF43 area. In last 1 year alone average price buyer paid is around £47,500 based on approximately 1 sales in Maerdy, Maerdy, Ferndale, CF43 area alone. If you compare it to last 3 years sales of 2 properties where buyers paid around £41,000. 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 £41,000 for 2 and average amount paid for purchase of approx. 2 properties sold in last 7 years comes to about £41,000 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 £49,995, £60,138 for a 2 bedroom house, £67,848 for a 3 bedroom house and £92,895 for a 4 bedroom house. For a flat similarly the prices varies from £26,725 for a single bedroom to £26,995 for a 2 bedroom Flat. To sum up the asking prices for properties in Maerdy, Maerdy, Ferndale, CF43 it comes to around average £34,482 for 1 bedroom property, £58,697 for 2 bedroom, £67,848 for 3 bedroom and £92,895 for 4 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 £382 for 2 bedroom to £399 for 3 bedroom and £420 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £269. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £327. You should be generally be expecting around average £269 rent per month for single bedroom property, £368 for 2 bedroom, £399 for 3 bedroom and approximately £420 for 4 bedroom property in Maerdy, Maerdy, Ferndale, CF43 area.

Popular Houses in Maerdy, Maerdy, Ferndale, CF43

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 Maerdy, Maerdy, Ferndale, CF43