Min Y Coed, Margam, Port Talbot, SA13

Street Guide For Min Y Coed, Margam, Port Talbot, SA13

 

Min Y Coed, Margam, Port Talbot, SA13 Map

Estimated Price: £197,721
Average Asking Price: £135,001
Price change in last one year: £11,777
Average Price Paid: £178,464
Average Rent Rates: £521

 

Property Prices Breakdown in Min Y Coed, Margam, Port Talbot, SA13

Average Price for property in Min Y Coed, Margam, Port Talbot, SA13 is around £197,721 which varies based on type of property you are interested in and ranges from £210,974 for detached house to around £143,689 for semi-detached. Values have been changing and have risen £566 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,280 in last 6 months, £11,777 in last 1 year, £17,579 in last 2 years, £17,267 in last 3 years, £12,498 in last 4 years and £15,198 in last 5 years.

Currently average asking price of a property in Min Y Coed, Margam, Port Talbot, SA13 is around £135,001 based on approximately 2 properties for sale. Same is the case with rental options based on 43 properties up for rent, average asking rent is around £521 per month.

Estimated property value in Min Y Coed, Margam, Port Talbot, SA13 is £197,721. Average asking price is £135,001 while average price paid is £232,500 which is up by £11,777 and Avg. asking rent £521.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 Min Y Coed, Margam, Port Talbot, SA13 area. In last 1 year alone average price buyer paid is around £232,500 based on approximately 2 sales in Min Y Coed, Margam, Port Talbot, SA13 area alone. If you compare it to last 3 years sales of 10 properties where buyers paid around £186,650. 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 £178,464 for 14 and average amount paid for purchase of approx. 23 properties sold in last 7 years comes to about £175,500 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 £61,000, £75,867 for a 2 bedroom house, £96,941 for a 3 bedroom house, £237,015 for a 4 bedroom house and £265,783 for a 5 bedroom house. For a flat similarly the prices varies from £66,650 for a single bedroom to £84,313 for a 2 bedroom Flat. To sum up the asking prices for properties in Min Y Coed, Margam, Port Talbot, SA13 it comes to around average £65,238 for 1 bedroom property, £76,841 for 2 bedroom, £96,941 for 3 bedroom, £237,015 for 4 bedroom and £265,783 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 £440 for 2 bedroom to £463 for 3 bedroom, £451 for 4 bedroom and £875 for 5 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £494. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £444 and £477 for 3 bedroom. You should be generally be expecting around average £494 rent per month for single bedroom property, £442 for 2 bedroom, £464 for 3 bedroom, £451 for 4 bedroom and approximately £876 for a 5 bedroom property in Min Y Coed, Margam, Port Talbot, SA13 area.

Popular Houses in Min Y Coed, Margam, Port Talbot, SA13

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 Min Y Coed, Margam, Port Talbot, SA13