Reservoir Road, Rassau, Ebbw Vale, NP23

Street Guide For Reservoir Road, Rassau, Ebbw Vale, NP23

 

Reservoir Road, Rassau, Ebbw Vale, NP23 Map

Estimated Price: £98,023
Average Asking Price: £110,286
Price change in last one year: £4,225
Average Price Paid: £90,000
Average Rent Rates: £451

 

Property Prices Breakdown in Reservoir Road, Rassau, Ebbw Vale, NP23

Average Price for property in Reservoir Road, Rassau, Ebbw Vale, NP23 is around £98,023 e.g. average price for semi-detached is around 98,023. Values have been changing and have risen £265 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £847 in last 6 months, £4,225 in last 1 year, £7,403 in last 2 years, £7,438 in last 3 years, £8,104 in last 4 years and £5,097 in last 5 years.

Currently average asking price of a property in Reservoir Road, Rassau, Ebbw Vale, NP23 is around £110,286 based on approximately 1 properties for sale. Same is the case with rental options based on 40 properties up for rent, average asking rent is around £451 per month.

Estimated property value in Reservoir Road, Rassau, Ebbw Vale, NP23 is £98,023. Average asking price is £110,286 while average price paid is £90,000 which is up by £4,225 and Avg. asking rent £451.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 Reservoir Road, Rassau, Ebbw Vale, NP23 area. In last 1 year alone average price buyer paid is around £90,000 based on approximately 1 sales in Reservoir Road, Rassau, Ebbw Vale, NP23 area alone. If you compare it to last 3 years sales of 1 properties where buyers paid around £90,000. 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 £90,000 for 1 and average amount paid for purchase of approx. 1 properties sold in last 7 years comes to about £90,000 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 £74,950, £74,497 for a 2 bedroom house, £110,933 for a 3 bedroom house, £184,397 for a 4 bedroom house and £268,300 for a 5 bedroom house. For a flat similarly the prices varies from £41,950 for a single bedroom to £51,690 for a 2 bedroom Flat. Same is the case with 4 bedroom flat £150,000. To sum up the asking prices for properties in Reservoir Road, Rassau, Ebbw Vale, NP23 it comes to around average £63,950 for 1 bedroom property, £72,217 for 2 bedroom, £110,933 for 3 bedroom, £182,678 for 4 bedroom and £268,300 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 £380 for 2 bedroom to £462 for 3 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £321. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £312. You should be generally be expecting around average £320 rent per month for single bedroom property, £373 for 2 bedroom and approximately £462 for 3 bedroom property in Reservoir Road, Rassau, Ebbw Vale, NP23 area.

Popular Houses in Reservoir Road, Rassau, Ebbw Vale, NP23

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 Reservoir Road, Rassau, Ebbw Vale, NP23