Orchid Close, St. Mellons, Cardiff, CF3

Street Guide For Orchid Close, St. Mellons, Cardiff, CF3

 

Orchid Close, St. Mellons, Cardiff, CF3 Map

Estimated Price: £125,233
Average Asking Price: £274,659
Price change in last one year: £8,313
Average Price Paid: £107,954
Average Rent Rates: £758

 

Property Prices Breakdown in Orchid Close, St. Mellons, Cardiff, CF3

Average Price for property in Orchid Close, St. Mellons, Cardiff, CF3 is around £125,233 which varies based on type of property you are interested in and ranges from £142,652 for detached house to around £132,905 for semi-detached. Similarly terraced house is around £121,210. Values have been changing and have risen £206 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £484 in last 6 months, £8,313 in last 1 year, £13,156 in last 2 years, £14,101 in last 3 years, £15,893 in last 4 years and £14,660 in last 5 years.

Currently average asking price of a property in Orchid Close, St. Mellons, Cardiff, CF3 is around £274,659 based on approximately 3 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 Orchid Close, St. Mellons, Cardiff, CF3 is £125,233. Average asking price is £274,659 while average price paid is £119,816 which is up by £8,313 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 Orchid Close, St. Mellons, Cardiff, CF3 area. In last 1 year alone average price buyer paid is around £119,816 based on approximately 3 sales in Orchid Close, St. Mellons, Cardiff, CF3 area alone. If you compare it to last 3 years sales of 7 properties where buyers paid around £115,207. 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 £107,954 for 12 and average amount paid for purchase of approx. 15 properties sold in last 7 years comes to about £110,896 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 Orchid Close, St. Mellons, 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 Orchid Close, St. Mellons, Cardiff, CF3 area.

Popular Houses in Orchid Close, St. Mellons, 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 Orchid Close, St. Mellons, Cardiff, CF3