Merthyr Road, Govilon, Abergavenny, NP7

Street Guide For Merthyr Road, Govilon, Abergavenny, NP7

 

Merthyr Road, Govilon, Abergavenny, NP7 Map

Estimated Price: £220,003
Average Asking Price: £327,688
Price change in last one year: £15,960
Average Price Paid: £208,316
Average Rent Rates: £901

 

Property Prices Breakdown in Merthyr Road, Govilon, Abergavenny, NP7

Average Price for property in Merthyr Road, Govilon, Abergavenny, NP7 is around £220,003 which varies based on type of property you are interested in and ranges from £234,371 for detached house to around £196,056 for semi-detached. Values have been changing and have risen £1,501 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £3,955 in last 6 months, £15,960 in last 1 year, £15,071 in last 2 years, £22,454 in last 3 years, £22,434 in last 4 years and £16,558 in last 5 years.

Currently average asking price of a property in Merthyr Road, Govilon, Abergavenny, NP7 is around £327,688 based on approximately 1 properties for sale. Same is the case with rental options based on 45 properties up for rent, average asking rent is around £901 per month.

Estimated property value in Merthyr Road, Govilon, Abergavenny, NP7 is £220,003. Average asking price is £327,688 while average price paid is £249,950 which is up by £15,960 and Avg. asking rent £901.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 Merthyr Road, Govilon, Abergavenny, NP7 area. In last 1 year alone average price buyer paid is around £249,950 based on approximately 1 sales in Merthyr Road, Govilon, Abergavenny, NP7 area alone. If you compare it to last 3 years sales of 1 properties where buyers paid around £249,950. 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 £208,316 for 3 and average amount paid for purchase of approx. 3 properties sold in last 7 years comes to about £208,316 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 £119,988, £210,870 for a 2 bedroom house, £282,742 for a 3 bedroom house, £392,049 for a 4 bedroom house and £565,326 for a 5 bedroom house. For a flat similarly the prices varies from £130,241 for a single bedroom to £160,562 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £235,000. To sum up the asking prices for properties in Merthyr Road, Govilon, Abergavenny, NP7 it comes to around average £126,140 for 1 bedroom property, £193,744 for 2 bedroom, £282,180 for 3 bedroom, £392,049 for 4 bedroom and £565,326 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 £531 for 1 bedroom to £641 for 2 bedrooms, £604 for 3 bedrooms, £935 for 4 bedrooms and £2,750 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £383. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £599. You should be generally be expecting around average £425 rent per month for single bedroom property, £618 for 2 bedroom, £604 for 3 bedroom, £935 for 4 bedroom and approximately £2,750 for a 5 bedroom property in Merthyr Road, Govilon, Abergavenny, NP7 area.

Popular Houses in Merthyr Road, Govilon, Abergavenny, NP7

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 Merthyr Road, Govilon, Abergavenny, NP7