Pontypool

Area Guide For Pontypool

Two Locks is a suburb of Cwmbran in the county borough of Torfaen, in south-east Wales. The locks in question are part of the Monmouthshire & Brecon Canal in its southern section between Newport and Pontypool. At the United Kingdom Census 2001 demographics showed:
 
 

Pontypool Map

Estimated Price: £138,219
Average Asking Price: £169,330
Price change in last one year: £10,086
Average Price Paid: £131,663
Average Rent Rates: £442

 
 

Property Prices Breakdown in Pontypool

Average Price for property in Pontypool is around £138,219 which varies based on type of property you are interested in and ranges from £234,478 for detached house to around £133,481 for semi-detached. Similarly terraced house is around £96,440 and a flat is worth £68,713. Values have been changing and have risen £769 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £299 in last 6 months, £10,086 in last 1 year, £13,620 in last 2 years, £9,989 in last 3 years, £16,087 in last 4 years and £17,800 in last 5 years.

Currently average asking price of a property in Pontypool is around £169,330 based on approximately 435 properties for sale. Same is the case with rental options based on 48 properties up for rent, average asking rent is around £442 per month.

Estimated property value in Pontypool is £138,219. Average asking price is £169,330 while average price paid is £140,900 which is up by £10,086 and Avg. asking rent £442.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 Pontypool area. In last 1 year alone average price buyer paid is around £140,900 based on approximately 435 sales in Pontypool area alone. If you compare it to last 3 years sales of 1,342 properties where buyers paid around £134,975. 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 £131,663 for 2,065 and average amount paid for purchase of approx. 2,764 properties sold in last 7 years comes to about £130,704 per sale.

 
 

Properties For Sale in Pontypool

 
 

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, £263,969 for a 4 bedroom house and £384,400 for a 5 bedroom house. For a flat similarly the prices varies from £52,333 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 Pontypool it comes to around average £65,136 for 1 bedroom property, £92,597 for 2 bedroom, £135,687 for 3 bedroom, £263,557 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 £457 for 2 bedroom and £535 for 3 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £371. 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 £366 rent per month for single bedroom property, £444 for 2 bedroom and approximately £521 for 3 bedroom property in Pontypool area.

Popular Houses in Pontypool

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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