Mervyn Way, Pencoed, Bridgend, CF35

Street Guide For Mervyn Way, Pencoed, Bridgend, CF35

 

Mervyn Way, Pencoed, Bridgend, CF35 Map

Estimated Price: £131,594
Average Asking Price: £245,797
Price change in last one year: £6,768
Average Price Paid: £103,750
Average Rent Rates: £3,765

 

Property Prices Breakdown in Mervyn Way, Pencoed, Bridgend, CF35

Average Price for property in Mervyn Way, Pencoed, Bridgend, CF35 is around £131,594 which varies based on type of property you are interested in and ranges from £160,587 for detached house to around £142,749 for semi-detached. Similarly terraced house is around £99,021. Values have been changing and have risen £477 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £521 in last 6 months, £6,768 in last 1 year, £11,294 in last 2 years, £12,473 in last 3 years, £13,501 in last 4 years and £12,605 in last 5 years.

Currently average asking price of a property in Mervyn Way, Pencoed, Bridgend, CF35 is around £245,797 based on approximately 1 properties for sale. Same is the case with rental options based on 19 properties up for rent, average asking rent is around £3,765 per month.

Estimated property value in Mervyn Way, Pencoed, Bridgend, CF35 is £131,594. Average asking price is £245,797 while average price paid is £79,000 which is up by £6,768 and Avg. asking rent £3,765.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 Mervyn Way, Pencoed, Bridgend, CF35 area. In last 1 year alone average price buyer paid is around £79,000 based on approximately 1 sales in Mervyn Way, Pencoed, Bridgend, CF35 area alone. If you compare it to last 3 years sales of 1 properties where buyers paid around £79,000. 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 £103,750 for 2 and average amount paid for purchase of approx. 5 properties sold in last 7 years comes to about £103,699 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 £95,000, £157,546 for a 2 bedroom house, £186,307 for a 3 bedroom house, £260,982 for a 4 bedroom house and £386,980 for a 5 bedroom house. For a flat similarly the prices varies from £119,995 for a single bedroom to £39,995 for a 3 bedroom Flat. To sum up the asking prices for properties in Mervyn Way, Pencoed, Bridgend, CF35 it comes to around average £111,663 for 1 bedroom property, £157,546 for 2 bedroom, £183,381 for 3 bedroom, £260,982 for 4 bedroom and £386,980 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 can vary from £542 for 2 bedroom to £597 for 3 bedroom and £901 for 5 bedroom. But if you are interested in renting a 2 bedroom flat then rent per month can be around £428. You should be generally be expecting around average £451 rent per month for 2 bedroom property, £597 for 3 bedroom and approximately £901 for 5 bedroom property in Mervyn Way, Pencoed, Bridgend, CF35 area.

Popular Houses in Mervyn Way, Pencoed, Bridgend, CF35

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 Mervyn Way, Pencoed, Bridgend, CF35