Average Price for property in Monmouth is around £289,635 which varies based on type of property you are interested in and ranges from £376,763 for detached house to around £200,563 for semi-detached. Similarly terraced house is around £188,491 and a flat is worth £139,060. Values have been changing and have risen £1,572 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £3,685 in last 6 months, £15,580 in last 1 year, £21,013 in last 2 years, £16,079 in last 3 years, £23,645 in last 4 years and £13,894 in last 5 years.
Currently average asking price of a property in Monmouth is around £322,714 based on approximately 212 properties for sale. Same is the case with rental options based on 67 properties up for rent, average asking rent is around £1,228 per month.
Estimated property value in Monmouth is £289,635. Average asking price is £322,714 while average price paid is £259,497 which is up by £15,580 and Avg. asking rent £1,228.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 Monmouth area. In last 1 year alone average price buyer paid is around £259,497 based on approximately 212 sales in Monmouth area alone. If you compare it to last 3 years sales of 624 properties where buyers paid around £237,627. 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 £237,311 for 999 and average amount paid for purchase of approx. 1,263 properties sold in last 7 years comes to about £237,374 per sale.