New Road, Rumney, Cardiff, CF3

Street Guide For New Road, Rumney, Cardiff, CF3

 

New Road, Rumney, Cardiff, CF3 Map

Estimated Price: £188,404
Average Asking Price: £274,659
Price change in last one year: £12,506
Average Price Paid: £174,233
Average Rent Rates: £758

 

Property Prices Breakdown in New Road, Rumney, Cardiff, CF3

Average Price for property in New Road, Rumney, Cardiff, CF3 is around £188,404 which varies based on type of property you are interested in and ranges from £201,884 for detached house to around £202,794 for semi-detached. Similarly terraced house is around £171,373 and a flat is worth £95,707. 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 £728 in last 6 months, £12,506 in last 1 year, £19,787 in last 2 years, £21,206 in last 3 years, £23,900 in last 4 years and £22,042 in last 5 years.

Currently average asking price of a property in New Road, Rumney, Cardiff, CF3 is around £274,659 based on approximately 10 properties for sale. Same is the case with rental options based on 63 properties up for rent, average asking rent is around £758 per month.

Estimated property value in New Road, Rumney, Cardiff, CF3 is £188,404. Average asking price is £274,659 while average price paid is £169,095 which is up by £12,506 and Avg. asking rent £758.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 Road, Rumney, Cardiff, CF3 area. In last 1 year alone average price buyer paid is around £169,095 based on approximately 10 sales in New Road, Rumney, Cardiff, CF3 area alone. If you compare it to last 3 years sales of 22 properties where buyers paid around £176,768. 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 £174,233 for 40 and average amount paid for purchase of approx. 48 properties sold in last 7 years comes to about £172,527 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 £139,687, £174,488 for a 3 bedroom house, £409,558 for a 4 bedroom house and £596,553 for a 5 bedroom house. For a flat similarly the prices varies from £84,712 for a single bedroom to £118,170 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £186,667. To sum up the asking prices for properties in New Road, Rumney, Cardiff, CF3 it comes to around average £84,712 for 1 bedroom property, £133,359 for 2 bedroom, £175,097 for 3 bedroom, £409,558 for 4 bedroom and £596,553 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 £484 for 1 bedroom to £711 for 2 bedroom, £748 for 3 bedroom and £1,238 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £456. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £594 and £550 for 3 bedroom. You should be generally be expecting around average £468 rent per month for single bedroom property, £656 for 2 bedroom, £736 for 3 bedroom and approximately £1,238 for 4 bedroom property in New Road, Rumney, Cardiff, CF3 area.

Popular Houses in New Road, Rumney, Cardiff, CF3

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 Road, Rumney, Cardiff, CF3