Morlan Terrace, Burry Port, SA16

Street Guide For Morlan Terrace, Burry Port, SA16

 

Morlan Terrace, Burry Port, SA16 Map

Estimated Price: £84,101
Average Asking Price: £200,144
Price change in last one year: £4,819
Average Price Paid: £66,166
Average Rent Rates: £577

 

Property Prices Breakdown in Morlan Terrace, Burry Port, SA16

Average Price for property in Morlan Terrace, Burry Port, SA16 is around £84,101 which varies based on type of property you are interested in and ranges from £84,436 for detached house to around £76,429 for semi-detached. Similarly terraced house is around £86,369. Values have been changing and have risen £310 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,009 in last 6 months, £4,819 in last 1 year, £6,768 in last 2 years, £7,224 in last 3 years, £5,897 in last 4 years and £6,327 in last 5 years.

Currently average asking price of a property in Morlan Terrace, Burry Port, SA16 is around £200,144 based on approximately 2 properties for sale. Same is the case with rental options based on 22 properties up for rent, average asking rent is around £577 per month.

Estimated property value in Morlan Terrace, Burry Port, SA16 is £84,101. Average asking price is £200,144 while average price paid is £67,750 which is up by £4,819 and Avg. asking rent £577.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 Morlan Terrace, Burry Port, SA16 area. In last 1 year alone average price buyer paid is around £67,750 based on approximately 2 sales in Morlan Terrace, Burry Port, SA16 area alone. If you compare it to last 3 years sales of 2 properties where buyers paid around £67,750. 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 £66,166 for 3 and average amount paid for purchase of approx. 5 properties sold in last 7 years comes to about £72,600 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 £122,598, £158,241 for a 3 bedroom house, £239,764 for a 4 bedroom house and £421,419 for a 5 bedroom house. For a flat the prices of 2 bedroom is £89,995. To sum up the asking prices for properties in Morlan Terrace, Burry Port, SA16 it comes to around average £119,338 for 2 bedroom property, £158,241 for 3 bedroom, £239,764 for 4 bedroom and £421,419 for 5 bedroom.

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 £436 for 2 bedroom to £482 for 3 bedroom, £657 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 £334. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £429. You should be generally be expecting around average £334 rent per month for single bedroom property, £435 for 2 bedroom, £482 for 3 bedroom, £657 for 4 bedroom and approximately £875 for a 5 bedroom property in Morlan Terrace, Burry Port, SA16 area.

Popular Houses in Morlan Terrace, Burry Port, SA16

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 Morlan Terrace, Burry Port, SA16