Average Price for property in Merthyr Tydfil is around £110,375 which varies based on type of property you are interested in and ranges from £192,741 for detached house to around £118,394 for semi-detached. Similarly terraced house is around £79,803 and a flat is worth £68,150. Values have been changing and have risen £198 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £969 in last 6 months, £716 in last 1 year, £4,720 in last 2 years, £8,453 in last 3 years, £6,936 in last 4 years and £5,126 in last 5 years.
Currently average asking price of a property in Merthyr Tydfil is around £140,010 based on approximately 606 properties for sale. Same is the case with rental options based on 33 properties up for rent, average asking rent is around £611 per month.
Estimated property value in Merthyr Tydfil is £110,375. Average asking price is £140,010 while average price paid is £105,262 which is up by £716 and Avg. asking rent £611.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 Tydfil area. In last 1 year alone average price buyer paid is around £105,262 based on approximately 606 sales in Merthyr Tydfil area alone. If you compare it to last 3 years sales of 1,689 properties where buyers paid around £104,498. 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 £103,061 for 2,663 and average amount paid for purchase of approx. 3,764 properties sold in last 7 years comes to about £102,618 per sale.