Merlin Avenue, Penallta, Hengoed, CF82

Street Guide For Merlin Avenue, Penallta, Hengoed, CF82

 

Merlin Avenue, Penallta, Hengoed, CF82 Map

Estimated Price: £140,810
Average Asking Price: £160,682
Price change in last one year: £6,621
Average Price Paid: £183,604
Average Rent Rates: £459

 

Property Prices Breakdown in Merlin Avenue, Penallta, Hengoed, CF82

Average Price for property in Merlin Avenue, Penallta, Hengoed, CF82 is around £140,810 e.g. average price for terraced house is around 140,810. Values have been changing and have risen £4 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £421 in last 6 months, £6,621 in last 1 year, £11,310 in last 2 years, £12,103 in last 3 years, £12,237 in last 4 years and £11,824 in last 5 years.

Currently average asking price of a property in Merlin Avenue, Penallta, Hengoed, CF82 is around £160,682 based on approximately 1 properties for sale. Same is the case with rental options based on 8 properties up for rent, average asking rent is around £459 per month.

Estimated property value in Merlin Avenue, Penallta, Hengoed, CF82 is £140,810. Average asking price is £160,682 while average price paid is £135,500 which is up by £6,621 and Avg. asking rent £459.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 Merlin Avenue, Penallta, Hengoed, CF82 area. In last 1 year alone average price buyer paid is around £135,500 based on approximately 1 sales in Merlin Avenue, Penallta, Hengoed, CF82 area alone. If you compare it to last 3 years sales of 27 properties where buyers paid around £188,316. 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 £183,604 for 29 and average amount paid for purchase of approx. 29 properties sold in last 7 years comes to about £183,604 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 £114,950, £111,661 for a 2 bedroom house, £120,055 for a 3 bedroom house, £187,661 for a 4 bedroom house and £242,980 for a 5 bedroom house. For a flat similarly the prices varies from £82,995 for a single bedroom to £68,950 for a 3 bedroom Flat. To sum up the asking prices for properties in Merlin Avenue, Penallta, Hengoed, CF82 it comes to around average £98,972 for 1 bedroom property, £111,661 for 2 bedroom, £118,594 for 3 bedroom, £187,661 for 4 bedroom and £242,980 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 is £525 for 3 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £321. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £425. You should be generally be expecting around average £321 rent per month for single bedroom property, £425 for 2 bedroom and approximately £525 for 3 bedroom property in Merlin Avenue, Penallta, Hengoed, CF82 area.

Popular Houses in Merlin Avenue, Penallta, Hengoed, CF82

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 Merlin Avenue, Penallta, Hengoed, CF82