Narberth

Area Guide For Narberth

Narberth is a town in Pembrokeshire,in wales, with a total population of over 2,100 and third of that total speak the language welsh Wales. It was established around a Welsh court, yet later turned into a Norman fortress on the Landsker Line. It turned into the base camp of the hundred of Narberth. It was at one time a marcher ward. George Owen depicted it in 1603 as one of nine Pembrokeshire "districts in rot" 

Narberth is twinned with the English town of Ludlow, and both towns commend a yearly nourishment celebration. Attractions in the town incorporate a few craftsmanship displays, the Narberth Museum, the previous town lobby which still houses the cell where the pioneers of the Rebecca Riots were detained and a demolished palace.

 
 

Narberth Map

Estimated Price: £217,148
Average Asking Price: £299,566
Price change in last one year: £12,268
Average Price Paid: £190,342
Average Rent Rates: £770

 
 

Property Prices Breakdown in Narberth

Average Price for property in Narberth is around £217,148 which varies based on type of property you are interested in and ranges from £272,941 for detached house to around £164,541 for semi-detached. Similarly terraced house is around £143,101 and a flat is worth £98,563. Values have been changing and have risen £771 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,497 in last 6 months, £12,268 in last 1 year, £16,992 in last 2 years, £20,731 in last 3 years, £16,232 in last 4 years and £14,435 in last 5 years.

Currently average asking price of a property in Narberth is around £299,566 based on approximately 87 properties for sale. Same is the case with rental options based on 17 properties up for rent, average asking rent is around £770 per month.

Estimated property value in Narberth is £217,148. Average asking price is £299,566 while average price paid is £180,515 which is up by £12,268 and Avg. asking rent £770.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 Narberth area. In last 1 year alone average price buyer paid is around £180,515 based on approximately 87 sales in Narberth area alone. If you compare it to last 3 years sales of 256 properties where buyers paid around £189,827. 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 £190,342 for 385 and average amount paid for purchase of approx. 514 properties sold in last 7 years comes to about £192,589 per sale.

 
 

Properties For Sale in Narberth

 
 

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 £105,000, £153,993 for a 2 bedroom house, £238,065 for a 3 bedroom house, £329,880 for a 4 bedroom house and £373,987 for a 5 bedroom house. For a flat the prices of 2 bedroom is £120,960. To sum up the asking prices for properties in Narberth it comes to around average £105,000 for 1 bedroom property, £145,735 for 2 bedroom, £238,065 for 3 bedroom, £329,880 for 4 bedroom and £373,987 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 £567 for 2 bedroom to £555 for 3 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £345. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £461. You should be generally be expecting around average £344 rent per month for single bedroom property, £532 for 2 bedroom and approximately £555 for 3 bedroom property in Narberth area.

Popular Houses in Narberth

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.

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