Mill Lane, Castleton, Cardiff, CF3

Street Guide For Mill Lane, Castleton, Cardiff, CF3

 

Mill Lane, Castleton, Cardiff, CF3 Map

Estimated Price: £524,964
Average Asking Price: £274,252
Price change in last one year: £34,834
Average Price Paid: £510,000
Average Rent Rates: £774

 

Property Prices Breakdown in Mill Lane, Castleton, Cardiff, CF3

Average Price for property in Mill Lane, Castleton, Cardiff, CF3 is around £524,964 which varies based on type of property you are interested in and ranges from £558,238 for detached house to around £391,866 for semi-detached. Values have been changing and have risen £861 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,023 in last 6 months, £34,834 in last 1 year, £55,114 in last 2 years, £59,056 in last 3 years, £66,549 in last 4 years and £61,362 in last 5 years.

Currently average asking price of a property in Mill Lane, Castleton, Cardiff, CF3 is around £274,252 based on approximately 2 properties for sale. Same is the case with rental options based on 58 properties up for rent, average asking rent is around £774 per month.

Estimated property value in Mill Lane, Castleton, Cardiff, CF3 is £524,964. Average asking price is £274,252 while average price paid is £510,000 which is up by £34,834 and Avg. asking rent £774.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 Mill Lane, Castleton, Cardiff, CF3 area. In last 1 year alone average price buyer paid is around £510,000 based on approximately 2 sales in Mill Lane, Castleton, Cardiff, CF3 area alone. If you compare it to last 3 years sales of 2 properties where buyers paid around £510,000. 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 £510,000 for 2 and average amount paid for purchase of approx. 3 properties sold in last 7 years comes to about £413,333 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 2 bedroom is around £139,500, £175,551 for a 3 bedroom house, £414,656 for a 4 bedroom house and £596,553 for a 5 bedroom house. For a flat similarly the prices varies from £84,712 for a single bedroom to £114,695 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £186,667. To sum up the asking prices for properties in Mill Lane, Castleton, Cardiff, CF3 it comes to around average £84,712 for 1 bedroom property, £131,921 for 2 bedroom, £176,116 for 3 bedroom, £414,656 for 4 bedroom and £596,553 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 £501 for 1 bedroom to £728 for 2 bedroom, £748 for 3 bedroom and £1,238 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £456. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £594 and £550 for 3 bedroom. You should be generally be expecting around average £471 rent per month for single bedroom property, £658 for 2 bedroom, £736 for 3 bedroom and approximately £1,238 for 4 bedroom property in Mill Lane, Castleton, Cardiff, CF3 area.

Popular Houses in Mill Lane, Castleton, Cardiff, CF3

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 Mill Lane, Castleton, Cardiff, CF3