Mynyddcerrig, Llanelli, SA15

Street Guide For Mynyddcerrig, Llanelli, SA15

 

Mynyddcerrig, Llanelli, SA15 Map

Estimated Price: £228,038
Average Asking Price: £157,577
Price change in last one year: £15,014
Average Price Paid: £167,375
Average Rent Rates: £578

 

Property Prices Breakdown in Mynyddcerrig, Llanelli, SA15

Average Price for property in Mynyddcerrig, Llanelli, SA15 is around £228,038 which varies based on type of property you are interested in and ranges from £263,552 for detached house to around £150,060 for semi-detached. Similarly terraced house is around £127,453. Values have been changing and have risen £1,692 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £5,626 in last 6 months, £15,014 in last 1 year, £19,739 in last 2 years, £21,209 in last 3 years, £17,135 in last 4 years and £18,948 in last 5 years.

Currently average asking price of a property in Mynyddcerrig, Llanelli, SA15 is around £157,577 based on approximately 2 properties for sale. Same is the case with rental options based on 109 properties up for rent, average asking rent is around £578 per month.

Estimated property value in Mynyddcerrig, Llanelli, SA15 is £228,038. Average asking price is £157,577 while average price paid is £207,500 which is up by £15,014 and Avg. asking rent £578.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 Mynyddcerrig, Llanelli, SA15 area. In last 1 year alone average price buyer paid is around £207,500 based on approximately 2 sales in Mynyddcerrig, Llanelli, SA15 area alone. If you compare it to last 3 years sales of 9 properties where buyers paid around £173,666. 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 £167,375 for 16 and average amount paid for purchase of approx. 18 properties sold in last 7 years comes to about £167,777 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 £119,995, £105,224 for a 2 bedroom house, £118,974 for a 3 bedroom house, £233,918 for a 4 bedroom house and £315,385 for a 5 bedroom house. For a flat similarly the prices varies from £102,739 for a 2 bedroom to £135,624 for a 3 bedroom Flat. To sum up the asking prices for properties in Mynyddcerrig, Llanelli, SA15 it comes to around average £119,995 for 1 bedroom property, £104,464 for 2 bedroom, £119,236 for 3 bedroom, £233,918 for 4 bedroom and £315,385 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 £572 for 1 bedroom to £419 for 2 bedroom, £481 for 3 bedroom and £617 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £343. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £474 and £633 for 3 bedroom. You should be generally be expecting around average £434 rent per month for single bedroom property, £446 for 2 bedroom, £488 for 3 bedroom and approximately £617 for 4 bedroom property in Mynyddcerrig, Llanelli, SA15 area.

Popular Houses in Mynyddcerrig, Llanelli, SA15

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 Mynyddcerrig, Llanelli, SA15