Penylan Road, Varteg, Pontypool, NP4

Street Guide For Penylan Road, Varteg, Pontypool, NP4

 

Penylan Road, Varteg, Pontypool, NP4 Map

Estimated Price: £79,936
Average Asking Price: £168,013
Price change in last one year: £4,841
Average Price Paid: £85,000
Average Rent Rates: £443

 

Property Prices Breakdown in Penylan Road, Varteg, Pontypool, NP4

Average Price for property in Penylan Road, Varteg, Pontypool, NP4 is around £79,936 which varies based on type of property you are interested in and ranges from £98,940 for detached house to around £86,623 for semi-detached. Similarly terraced house is around £63,393. Values have been changing and have risen £278 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £513 in last 6 months, £4,841 in last 1 year, £6,554 in last 2 years, £6,727 in last 3 years, £7,999 in last 4 years and £6,378 in last 5 years.

Currently average asking price of a property in Penylan Road, Varteg, Pontypool, NP4 is around £168,013 based on approximately 1 properties for sale. Same is the case with rental options based on 50 properties up for rent, average asking rent is around £443 per month.

Estimated property value in Penylan Road, Varteg, Pontypool, NP4 is £79,936. Average asking price is £168,013 while average price paid is £85,000 which is up by £4,841 and Avg. asking rent £443.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 Penylan Road, Varteg, Pontypool, NP4 area. In last 1 year alone average price buyer paid is around £85,000 based on approximately 1 sales in Penylan Road, Varteg, Pontypool, NP4 area alone. If you compare it to last 3 years sales of 1 properties where buyers paid around £85,000. 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 £85,000 for 1 and average amount paid for purchase of approx. 3 properties sold in last 7 years comes to about £84,333 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 £74,738, £93,992 for a 2 bedroom house, £136,358 for a 3 bedroom house, £263,970 for a 4 bedroom house and £384,400 for a 5 bedroom house. For a flat similarly the prices varies from £51,833 for a single bedroom to £83,922 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £65,950 and £245,000 for a 4 bedroom flat. To sum up the asking prices for properties in Penylan Road, Varteg, Pontypool, NP4 it comes to around average £64,921 for 1 bedroom property, £92,597 for 2 bedroom, £135,687 for 3 bedroom, £263,558 for 4 bedroom and £384,400 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 £325 for 1 bedroom to £453 for 2 bedroom and £529 for 3 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £367. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £414 and £425 for 3 bedroom. You should be generally be expecting around average £362 rent per month for single bedroom property, £442 for 2 bedroom and approximately £517 for 3 bedroom property in Penylan Road, Varteg, Pontypool, NP4 area.

Popular Houses in Penylan Road, Varteg, Pontypool, NP4

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 Penylan Road, Varteg, Pontypool, NP4