New Mill Road, Cardigan, SA43

Street Guide For New Mill Road, Cardigan, SA43

 

New Mill Road, Cardigan, SA43 Map

Estimated Price: £305,905
Average Asking Price: £243,356
Price change in last one year: £18,742
Average Price Paid: £243,490
Average Rent Rates: £1,156

 

Property Prices Breakdown in New Mill Road, Cardigan, SA43

Average Price for property in New Mill Road, Cardigan, SA43 is around £305,905 which varies based on type of property you are interested in and ranges from £337,951 for detached house to around £201,964 for semi-detached. Similarly terraced house is around £257,427. Values have been changing and have risen £1,659 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £3,931 in last 6 months, £18,742 in last 1 year, £20,524 in last 2 years, £19,306 in last 3 years, £20,652 in last 4 years and £26,243 in last 5 years.

Currently average asking price of a property in New Mill Road, Cardigan, SA43 is around £243,356 based on approximately 1 properties for sale. Same is the case with rental options based on 7 properties up for rent, average asking rent is around £1,156 per month.

Estimated property value in New Mill Road, Cardigan, SA43 is £305,905. Average asking price is £243,356 while average price paid is £195,000 which is up by £18,742 and Avg. asking rent £1,156.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 New Mill Road, Cardigan, SA43 area. In last 1 year alone average price buyer paid is around £195,000 based on approximately 1 sales in New Mill Road, Cardigan, SA43 area alone. If you compare it to last 3 years sales of 4 properties where buyers paid around £262,487. 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 £243,490 for 5 and average amount paid for purchase of approx. 5 properties sold in last 7 years comes to about £243,490 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 £132,475, £149,879 for a 2 bedroom house, £240,463 for a 3 bedroom house, £289,133 for a 4 bedroom house and £361,300 for a 5 bedroom house. For a flat similarly the prices varies from £54,500 for a single bedroom to £94,833 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £99,000. To sum up the asking prices for properties in New Mill Road, Cardigan, SA43 it comes to around average £106,483 for 1 bedroom property, £145,022 for 2 bedroom, £238,695 for 3 bedroom, £289,133 for 4 bedroom and £361,300 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 is £598 for 3 bedroom. But if you are interested in renting a 2 bedroom flat then rent per month can be around £412. As the no. of bedroom increase so will the rent e.g. for a 3 bedroom flat it will be around £420. You should be generally be expecting around average £412 rent per month for 2 bedroom property and approximately £509 for 3 bedroom property in New Mill Road, Cardigan, SA43 area.

Popular Houses in New Mill Road, Cardigan, SA43

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 New Mill Road, Cardigan, SA43