Melcorn Drive, Newton, Swansea, SA3

Street Guide For Melcorn Drive, Newton, Swansea, SA3

 

Melcorn Drive, Newton, Swansea, SA3 Map

Estimated Price: £228,844
Average Asking Price: £406,573
Price change in last one year: £13,752
Average Price Paid: £207,166
Average Rent Rates: £783

 

Property Prices Breakdown in Melcorn Drive, Newton, Swansea, SA3

Average Price for property in Melcorn Drive, Newton, Swansea, SA3 is around £228,844 e.g. average price for semi-detached is around 228,844. Values have been changing and have risen £1,308 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £3,185 in last 6 months, £13,752 in last 1 year, £17,065 in last 2 years, £22,476 in last 3 years, £19,493 in last 4 years and £17,925 in last 5 years.

Currently average asking price of a property in Melcorn Drive, Newton, Swansea, SA3 is around £406,573 based on approximately 0 properties for sale. Same is the case with rental options based on 82 properties up for rent, average asking rent is around £783 per month.

Estimated property value in Melcorn Drive, Newton, Swansea, SA3 is £228,844. Average asking price is £406,573 while average price paid is £205,000 which is up by £22,476 and Avg. asking rent £783.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 Melcorn Drive, Newton, Swansea, SA3 area. In last 3 years alone average price buyer paid is around £205,000 based on approximately 1 sales in Melcorn Drive, Newton, Swansea, SA3 area alone. If you compare it to last 5 years sales of 3 properties where buyers paid around £207,166. It has been same for some time now for e.g. if you take an average of amount paid in last 7 years, it comes to around £207,166 for 3 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 £120,880, £180,891 for a 2 bedroom house, £283,298 for a 3 bedroom house, £468,298 for a 4 bedroom house and £763,037 for a 5 bedroom house. For a flat similarly the prices varies from £174,112 for a single bedroom to £242,075 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £372,500. To sum up the asking prices for properties in Melcorn Drive, Newton, Swansea, SA3 it comes to around average £163,466 for 1 bedroom property, £211,180 for 2 bedroom, £285,216 for 3 bedroom, £468,298 for 4 bedroom and £763,037 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 £849 for 1 bedroom to £668 for 2 bedrooms, £796 for 3 bedrooms, £1,073 for 4 bedrooms and £1,248 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £535. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £788, £637 for 3 bedroom and £973 for 4 bedroom. You should be generally be expecting around average £562 rent per month for single bedroom property, £735 for 2 bedroom, £780 for 3 bedroom, £1,044 for 4 bedroom and approximately £1,248 for a 5 bedroom property in Melcorn Drive, Newton, Swansea, SA3 area.

Popular Houses in Melcorn Drive, Newton, Swansea, SA3

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 Melcorn Drive, Newton, Swansea, SA3

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