Carmarthen

Area Guide For Carmarthen

Carmarthenshire(Welsh: Sir Gaerfyrddinor Sir Gâr) is a unitary authorityin the south westof Walesand one of thirteen historic counties. It is the third largest in Wales. The three largest towns are Llanelli, Carmarthenand Ammanford. The county townand administrative centre of Carmarthenshire is Carmarthenand the most populous settlement is the area in and around the town of Llanelli. With its fertile land and agricultural produce, Carmarthenshire is known as the "Garden of Wales". Carmarthenshire has its early roots in the region formerly known as Ystrad Tywi (Vale of [the river] Tywi) and part of the Principality of Deheubarth during the High Middle Ages, with the court at Dinefwr. Following the Edwardian Conquest of Wales, the region was reorganized by the Statute of Rhuddlan in 1284 into Carmarthenshire. Carmarthenshire has been spelt in other ways in the past, including: Carmarthenshire became an administrative county with a county council taking over functions from the Quarter Sessions under the Local Government Act 1888. Under the Local Government Act 1972, the administrative county of Carmarthenshire was abolished on 1 April 1974 and the area of Carmarthenshire became three
 
 

Carmarthen Map

Estimated Price: £190,888
Average Asking Price: £246,658
Price change in last one year: £11,749
Average Price Paid: £167,267
Average Rent Rates: £619

 
 

Property Prices Breakdown in Carmarthen

Average Price for property in Carmarthen is around £190,888 which varies based on type of property you are interested in and ranges from £246,446 for detached house to around £145,624 for semi-detached. Similarly terraced house is around £120,934 and a flat is worth £108,722. Values have been changing and have risen £1,245 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £911 in last 6 months, £11,749 in last 1 year, £16,763 in last 2 years, £16,360 in last 3 years, £11,617 in last 4 years and £8,174 in last 5 years.

Currently average asking price of a property in Carmarthen is around £246,658 based on approximately 376 properties for sale. Same is the case with rental options based on 152 properties up for rent, average asking rent is around £619 per month.

Estimated property value in Carmarthen is £190,888. Average asking price is £246,658 while average price paid is £161,817 which is up by £11,749 and Avg. asking rent £619.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 Carmarthen area. In last 1 year alone average price buyer paid is around £161,817 based on approximately 376 sales in Carmarthen area alone. If you compare it to last 3 years sales of 1,146 properties where buyers paid around £164,592. 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 £167,267 for 1,807 and average amount paid for purchase of approx. 2,365 properties sold in last 7 years comes to about £169,566 per sale.

 
 

Properties For Sale in Carmarthen

 
 

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 £88,650, £134,004 for a 2 bedroom house, £205,371 for a 3 bedroom house, £288,531 for a 4 bedroom house and £352,791 for a 5 bedroom house. For a flat similarly the prices varies from £88,167 for a single bedroom to £142,475 for a 2 bedroom Flat. To sum up the asking prices for properties in Carmarthen it comes to around average £88,489 for 1 bedroom property, £134,253 for 2 bedroom, £205,371 for 3 bedroom, £288,531 for 4 bedroom and £352,791 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 £387 for 1 bedroom to £473 for 2 bedrooms, £543 for 3 bedrooms, £630 for 4 bedrooms and £399 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £368. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £428. You should be generally be expecting around average £376 rent per month for single bedroom property, £459 for 2 bedroom, £543 for 3 bedroom, £630 for 4 bedroom and approximately £399 for a 5 bedroom property in Carmarthen area.

Popular Houses in Carmarthen

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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