Average Price for property in Merthyr Tydfil is around £103,856 which varies based on type of property you are interested in and ranges from £179,840 for detached house to around £114,449 for semi-detached. Similarly terraced house is around £78,177 and a flat is worth £67,647. Values have been changing and have risen £60 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £244 in last 6 months, £295 in last 1 year, £4,448 in last 2 years, £8,342 in last 3 years, £8,025 in last 4 years and £5,689 in last 5 years.
Currently average asking price of a property in Merthyr Tydfil is around £132,440 based on approximately 422 properties for sale. Same is the case with rental options based on 30 properties up for rent, average asking rent is around £632 per month.
Estimated property value in Merthyr Tydfil is £103,856. Average asking price is £132,440 while average price paid is £100,470 which is up by £295 and Avg. asking rent £632.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 Merthyr Tydfil area. In last 1 year alone average price buyer paid is around £100,470 based on approximately 422 sales in Merthyr Tydfil area alone. If you compare it to last 3 years sales of 1,198 properties where buyers paid around £101,558. 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 £100,443 for 1,913 and average amount paid for purchase of approx. 2,798 properties sold in last 7 years comes to about £100,894 per sale.