Mere Path, Greenmeadow, Cwmbran, NP44

Street Guide For Mere Path, Greenmeadow, Cwmbran, NP44

 

Mere Path, Greenmeadow, Cwmbran, NP44 Map

Estimated Price: £83,119
Average Asking Price: £209,582
Price change in last one year: £4,829
Average Price Paid: £77,833
Average Rent Rates: £745

 

Property Prices Breakdown in Mere Path, Greenmeadow, Cwmbran, NP44

Average Price for property in Mere Path, Greenmeadow, Cwmbran, NP44 is around £83,119 which varies based on type of property you are interested in and ranges from £86,983 for semi-detached to around £80,801 for terraced house. Values have been changing and have risen £221 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £576 in last 6 months, £4,829 in last 1 year, £6,248 in last 2 years, £7,511 in last 3 years, £6,519 in last 4 years and £5,162 in last 5 years.

Currently average asking price of a property in Mere Path, Greenmeadow, Cwmbran, NP44 is around £209,582 based on approximately 1 properties for sale. Same is the case with rental options based on 31 properties up for rent, average asking rent is around £745 per month.

Estimated property value in Mere Path, Greenmeadow, Cwmbran, NP44 is £83,119. Average asking price is £209,582 while average price paid is £89,500 which is up by £4,829 and Avg. asking rent £745.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 Mere Path, Greenmeadow, Cwmbran, NP44 area. In last 1 year alone average price buyer paid is around £89,500 based on approximately 1 sales in Mere Path, Greenmeadow, Cwmbran, NP44 area alone. If you compare it to last 3 years sales of 2 properties where buyers paid around £76,750. 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 £77,833 for 3 and average amount paid for purchase of approx. 3 properties sold in last 7 years comes to about £77,833 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 £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 Mere Path, Greenmeadow, Cwmbran, NP44 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 £532 for 2 bedroom to £553 for 3 bedroom, £750 for 4 bedroom and £949 for 5 bedroom. 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 £511. You should be generally be expecting around average £412 rent per month for single bedroom property, £527 for 2 bedroom, £553 for 3 bedroom, £750 for 4 bedroom and approximately £949 for a 5 bedroom property in Mere Path, Greenmeadow, Cwmbran, NP44 area.

Popular Houses in Mere Path, Greenmeadow, Cwmbran, NP44

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 Mere Path, Greenmeadow, Cwmbran, NP44