Average Price for property in Swansea is around £164,364 which varies based on type of property you are interested in and ranges from £248,074 for detached house to around £143,452 for semi-detached. Similarly terraced house is around £117,541 and a flat is worth £149,068. Values have been changing and have risen £1,205 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,750 in last 6 months, £9,782 in last 1 year, £13,901 in last 2 years, £18,868 in last 3 years, £15,969 in last 4 years and £13,626 in last 5 years.
Currently average asking price of a property in Swansea is around £212,672 based on approximately 2,826 properties for sale. Same is the case with rental options based on 1,381 properties up for rent, average asking rent is around £737 per month.
Estimated property value in Swansea is £164,364. Average asking price is £212,672 while average price paid is £152,416 which is up by £9,782 and Avg. asking rent £737.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 Swansea area. In last 1 year alone average price buyer paid is around £152,416 based on approximately 2,826 sales in Swansea area alone. If you compare it to last 3 years sales of 8,412 properties where buyers paid around £147,357. 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 £147,616 for 13,786 and average amount paid for purchase of approx. 19,319 properties sold in last 7 years comes to about £148,821 per sale.