Average Price for property in The Grove, Merthyr Tydfil, CF47 is around £216,171 which varies based on type of property you are interested in and ranges from £278,455 for detached house to around £192,815 for semi-detached. Values have been changing and have risen £159 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,434 in last 6 months, £11,128 in last 1 year, £17,893 in last 2 years, £17,311 in last 3 years, £21,243 in last 4 years and £14,113 in last 5 years.
Currently average asking price of a property in The Grove, Merthyr Tydfil, CF47 is around £120,249 based on approximately 2 properties for sale. Same is the case with rental options based on 18 properties up for rent, average asking rent is around £772 per month.
Estimated property value in The Grove, Merthyr Tydfil, CF47 is £216,171. Average asking price is £120,249 while average price paid is £230,000 which is up by £11,128 and Avg. asking rent £772.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 The Grove, Merthyr Tydfil, CF47 area. In last 1 year alone average price buyer paid is around £230,000 based on approximately 2 sales in The Grove, Merthyr Tydfil, CF47 area alone. If you compare it to last 3 years sales of 6 properties where buyers paid around £202,166. 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 £202,166 for 6 and average amount paid for purchase of approx. 7 properties sold in last 7 years comes to about £198,285 per sale.