Ruardean

Area Guide For Ruardean

Ruardean is a town in the Forest of Dean, Gloucestershire, England, to the west of Cinderford. It is arranged on a slope with perspectives west towards the mountains of South Wales. Little now stays of the town's mechanical history, however once it was a core for iron metal purifying heaters, manufactures and coal mines. The Norman château, now minimal more than a hill, instructed the most limited course from Gloucester Castle to the Welsh Marches and the Wye Valley. The town has been, in times past, an imperative focal point of iron and coal mining, however little proof stays of this part of the town's history. The fundamental chronicled point of interest of the town is Ruardyn Castle, close to the area church. In the past the town was spelt as Ruardyn and was a piece of Herefordshire. These days the town lies inside Gloucestershire and is a piece of the Forest of Dean area. Like a great part of the encompassing region, Ruardean has generally been moderately poor; the 1831 statistics records 127 families, with a large portion of the populace utilized in horticulture and 160 individuals on poor relief.

 
 

Ruardean Map

Estimated Price: £231,533
Average Asking Price: £267,569
Price change in last one year: £30,383
Average Price Paid: £194,385
Average Rent Rates: £676

 
 

Property Prices Breakdown in Ruardean

Average Price for property in Ruardean is around £231,533 which varies based on type of property you are interested in and ranges from £297,515 for detached house to around £178,844 for semi-detached. Similarly terraced house is around £155,617 and a flat is worth £105,242. Values have been changing and have risen £3,104 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £8,891 in last 6 months, £30,383 in last 1 year, £24,461 in last 2 years, £23,037 in last 3 years, £20,395 in last 4 years and £27,440 in last 5 years.

Currently average asking price of a property in Ruardean is around £267,569 based on approximately 20 properties for sale. Same is the case with rental options based on 1 properties up for rent, average asking rent is around £676 per month.

Estimated property value in Ruardean is £231,533. Average asking price is £267,569 while average price paid is £197,872 which is up by £30,383 and Avg. asking rent £676.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 Ruardean area. In last 1 year alone average price buyer paid is around £197,872 based on approximately 20 sales in Ruardean area alone. If you compare it to last 3 years sales of 53 properties where buyers paid around £178,800. 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 £194,385 for 84 and average amount paid for purchase of approx. 109 properties sold in last 7 years comes to about £190,854 per sale.

 
 

Properties For Sale in Ruardean

 
 

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 £177,833, £205,225 for a 3 bedroom house, £336,333 for a 4 bedroom house and £435,000 for a 5 bedroom house. To sum up the asking prices for properties in Ruardean it comes to around average £177,833 for 2 bedroom property, £205,225 for 3 bedroom, £336,333 for 4 bedroom and £435,000 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 is £676 for 2 bedroom. You should be generally be expecting around average £676 rent per month for 2 bedroom property in Ruardean area.

Popular Houses in Ruardean

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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