Penallt, Monmouth, NP25

Street Guide For Penallt, Monmouth, NP25

 

Penallt, Monmouth, NP25 Map

Estimated Price: £479,932
Average Asking Price: £323,330
Price change in last one year: £27,000
Average Price Paid: £488,900
Average Rent Rates: £1,218

 

Property Prices Breakdown in Penallt, Monmouth, NP25

Average Price for property in Penallt, Monmouth, NP25 is around £479,932 which varies based on type of property you are interested in and ranges from £491,654 for detached house to around £186,333 for semi-detached. Similarly terraced house is around £421,599. Values have been changing and have risen £1,673 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £4,720 in last 6 months, £27,000 in last 1 year, £36,540 in last 2 years, £39,142 in last 3 years, £44,129 in last 4 years and £27,124 in last 5 years.

Currently average asking price of a property in Penallt, Monmouth, NP25 is around £323,330 based on approximately 2 properties for sale. Same is the case with rental options based on 67 properties up for rent, average asking rent is around £1,218 per month.

Estimated property value in Penallt, Monmouth, NP25 is £479,932. Average asking price is £323,330 while average price paid is £574,500 which is up by £27,000 and Avg. asking rent £1,218.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 Penallt, Monmouth, NP25 area. In last 1 year alone average price buyer paid is around £574,500 based on approximately 2 sales in Penallt, Monmouth, NP25 area alone. If you compare it to last 3 years sales of 3 properties where buyers paid around £544,666. 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 £488,900 for 10 and average amount paid for purchase of approx. 12 properties sold in last 7 years comes to about £482,416 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 £68,611, £198,830 for a 2 bedroom house, £290,519 for a 3 bedroom house, £449,114 for a 4 bedroom house and £624,047 for a 5 bedroom house. For a flat similarly the prices varies from £71,047 for a single bedroom to £163,043 for a 2 bedroom Flat. To sum up the asking prices for properties in Penallt, Monmouth, NP25 it comes to around average £70,133 for 1 bedroom property, £184,321 for 2 bedroom, £290,519 for 3 bedroom, £449,114 for 4 bedroom and £624,047 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 £535 for 1 bedroom to £634 for 2 bedrooms, £729 for 3 bedrooms, £1,246 for 4 bedrooms and £1,248 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £430. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £577. You should be generally be expecting around average £472 rent per month for single bedroom property, £601 for 2 bedroom, £729 for 3 bedroom, £1,246 for 4 bedroom and approximately £1,248 for a 5 bedroom property in Penallt, Monmouth, NP25 area.

Popular Houses in Penallt, Monmouth, NP25

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 Penallt, Monmouth, NP25