Llandovery

Area Guide For Llandovery

Llandovery is a market town in Carmarthenshire, Wales, lying on the River Tywi and the A40 street. The town is served via Llandovery railway station, where there is a recreation center and ride to Llanelli and Shrewsbury by means of the Heart of Wales Line. Llandovery owes its name, which is normally held to signify 'church amongst the waters', to its position between the River Towy and the Afon Brã¢n simply upstream of their juncture. A littler watercourse the Bawddwr, goes through and under the town. Llandovery is twinned with Pluguffan in Brittany, France. The Roman stronghold at Llanfair Hill to the northeast of the present day town around was referred to the Romans as Alabum. It was assembled around AD 50 to 60 as a feature of their procedure for the success of Wales. A Roman street heads crosswise over Mynydd Bach Trecastell to the southeast of Llandovery headed for the fortification of Brecon Gaer. An alternate heads down the Towy valley for Carmarthen whilst a third makes for the goldmines at Dolaucothi. Attractions in the town incorporate the remaining parts of Llandovery Castle, implicit 1110 and very quickly caught by the Welsh, changing hands in the middle of Normans and Welsh until the rule of King Edward I of England.

 
 

Llandovery Map

Estimated Price: £190,904
Average Asking Price: £258,406
Price change in last one year: £9,039
Average Price Paid: £157,425
Average Rent Rates: £474

 
 

Property Prices Breakdown in Llandovery

Average Price for property in Llandovery is around £190,904 which varies based on type of property you are interested in and ranges from £276,643 for detached house to around £134,223 for semi-detached. Similarly terraced house is around £129,163 and a flat is worth £62,951. Values have been changing and have risen £325 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £874 in last 6 months, £9,039 in last 1 year, £14,551 in last 2 years, £19,022 in last 3 years, £15,024 in last 4 years and £15,106 in last 5 years.

Currently average asking price of a property in Llandovery is around £258,406 based on approximately 30 properties for sale. Same is the case with rental options based on 7 properties up for rent, average asking rent is around £474 per month.

Estimated property value in Llandovery is £190,904. Average asking price is £258,406 while average price paid is £151,986 which is up by £9,039 and Avg. asking rent £474.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 Llandovery area. In last 1 year alone average price buyer paid is around £151,986 based on approximately 30 sales in Llandovery area alone. If you compare it to last 3 years sales of 78 properties where buyers paid around £152,826. 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 £157,425 for 115 and average amount paid for purchase of approx. 166 properties sold in last 7 years comes to about £164,433 per sale.

 
 

Properties For Sale in Llandovery

 
 

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 £124,165, £196,322 for a 3 bedroom house, £445,854 for a 4 bedroom house and £322,847 for a 5 bedroom house. To sum up the asking prices for properties in Llandovery it comes to around average £124,165 for 2 bedroom property, £196,322 for 3 bedroom, £445,854 for 4 bedroom and £322,847 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 is £402 for 2 bedroom. You should be generally be expecting around average £402 rent per month for 2 bedroom property in Llandovery area.

Popular Houses in Llandovery

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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