Pencader

Area Guide For Pencader

Pencader is a little town in the Welsh province of Carmarthenshire, and is a piece of the Community and Parish of Llanfihangel-ar-Arth. It is placed around 3 miles (5 km) south-east of Llandysul and 6.5 miles (10 km) south-west of Llanybydder. It is a calm town situated in a west Wales valley with minimal more than 500 houses two shops and two pubs. Pencader's history about-faces far. For a long time it was one of the primary stops on the Carmarthen - Aberystwyth rail course, and was the intersection for the administration to Newcastle Emlyn. The decrease of the railways saw the Newcastle Emlyn extension line shut in 1952 and the principle line shut to travelers in 1965.

 
 

Pencader Map

Estimated Price: £186,728
Average Asking Price: £203,219
Price change in last one year: £10,444
Average Price Paid: £149,575
Average Rent Rates: £600

 
 

Property Prices Breakdown in Pencader

Average Price for property in Pencader is around £186,728 which varies based on type of property you are interested in and ranges from £228,819 for detached house to around £125,684 for semi-detached. Similarly terraced house is around £111,331 and a flat is worth £103,359. Values have been changing and have risen £781 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,745 in last 6 months, £10,444 in last 1 year, £15,204 in last 2 years, £18,490 in last 3 years, £15,180 in last 4 years and £13,232 in last 5 years.

Currently average asking price of a property in Pencader is around £203,219 based on approximately 17 properties for sale. Same is the case with rental options based on 7 properties up for rent, average asking rent is around £600 per month.

Estimated property value in Pencader is £186,728. Average asking price is £203,219 while average price paid is £164,441 which is up by £10,444 and Avg. asking rent £600.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 Pencader area. In last 1 year alone average price buyer paid is around £164,441 based on approximately 17 sales in Pencader area alone. If you compare it to last 3 years sales of 78 properties where buyers paid around £154,221. 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 £149,575 for 110 and average amount paid for purchase of approx. 144 properties sold in last 7 years comes to about £154,066 per sale.

 
 

Properties For Sale in Pencader

 
 

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 £170,030, £201,009 for a 3 bedroom house, £260,991 for a 4 bedroom house and £294,707 for a 5 bedroom house. To sum up the asking prices for properties in Pencader it comes to around average £170,030 for 2 bedroom property, £201,009 for 3 bedroom, £260,991 for 4 bedroom and £294,707 for 5 bedroom.

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 £480 for 2 bedroom to £609 for 3 bedroom, £451 for 4 bedroom and £750 for 5 bedroom. You should be generally be expecting around average £480 rent per month for 2 bedroom property, £609 for 3 bedroom, £451 for 4 bedroom and approximately £750 for 5 bedroom property in Pencader area.

Popular Houses in Pencader

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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