Mynydd Newydd Road, Penlan, Swansea, SA5

Street Guide For Mynydd Newydd Road, Penlan, Swansea, SA5

 

Mynydd Newydd Road, Penlan, Swansea, SA5 Map

Estimated Price: £108,578
Average Asking Price: £144,713
Price change in last one year: £7,226
Average Price Paid: £82,937
Average Rent Rates: £729

 

Property Prices Breakdown in Mynydd Newydd Road, Penlan, Swansea, SA5

Average Price for property in Mynydd Newydd Road, Penlan, Swansea, SA5 is around £108,578 which varies based on type of property you are interested in and ranges from £156,194 for detached house to around £105,943 for semi-detached. Similarly terraced house is around £94,398. Values have been changing and have risen £265 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,230 in last 6 months, £7,226 in last 1 year, £8,800 in last 2 years, £10,126 in last 3 years, £6,985 in last 4 years and £8,099 in last 5 years.

Currently average asking price of a property in Mynydd Newydd Road, Penlan, Swansea, SA5 is around £144,713 based on approximately 1 properties for sale. Same is the case with rental options based on 57 properties up for rent, average asking rent is around £729 per month.

Estimated property value in Mynydd Newydd Road, Penlan, Swansea, SA5 is £108,578. Average asking price is £144,713 while average price paid is £97,500 which is up by £7,226 and Avg. asking rent £729.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 Mynydd Newydd Road, Penlan, Swansea, SA5 area. In last 1 year alone average price buyer paid is around £97,500 based on approximately 1 sales in Mynydd Newydd Road, Penlan, Swansea, SA5 area alone. If you compare it to last 3 years sales of 6 properties where buyers paid around £88,916. 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 £82,937 for 8 and average amount paid for purchase of approx. 11 properties sold in last 7 years comes to about £98,045 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 £100,511, £126,304 for a 3 bedroom house, £223,945 for a 4 bedroom house and £345,436 for a 5 bedroom house. For a flat the prices of 2 bedroom is £70,817. To sum up the asking prices for properties in Mynydd Newydd Road, Penlan, Swansea, SA5 it comes to around average £99,141 for 2 bedroom property, £126,304 for 3 bedroom, £223,945 for 4 bedroom and £345,436 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 £325 for 1 bedroom to £493 for 2 bedroom, £537 for 3 bedroom and £1,001 for 5 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £451. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £441. You should be generally be expecting around average £388 rent per month for single bedroom property, £484 for 2 bedroom, £537 for 3 bedroom and approximately £1,001 for 5 bedroom property in Mynydd Newydd Road, Penlan, Swansea, SA5 area.

Popular Houses in Mynydd Newydd Road, Penlan, Swansea, SA5

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 Mynydd Newydd Road, Penlan, Swansea, SA5

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