Tredegar

Area Guide For Tredegar

Tredegar is a town arranged on the Sirhowy River in the district precinct of Blaenau Gwent, in south-east Wales. Placed inside the notable limits of Monmouthshire, it turned into an early focus of the Industrial Revolution in South Wales. The notable Tredegar Iron Works in Richmond, Virginia, United States was named to pay tribute to the town. The name Tredegar can be clarified as tref deg erw. Deg erw is Welsh for "ten sections of land" or "ten-section of land"; tref signifies "town", despite the fact that its unique significance was "homestead" or "estate." Tredegar is 'The Home of Champions' to be specific the world renowned Tredegar Town Band. The band is right now positioned number 2 in the metal band world rankings above VIPs banding names, for example, Brighouse & Rastrick.

 
 

Tredegar Map

Estimated Price: £93,043
Average Asking Price: £122,904
Price change in last one year: £5,143
Average Price Paid: £87,452
Average Rent Rates: £543

 
 

Property Prices Breakdown in Tredegar

Average Price for property in Tredegar is around £93,043 which varies based on type of property you are interested in and ranges from £173,419 for detached house to around £98,285 for semi-detached. Similarly terraced house is around £73,747 and a flat is worth £54,487. Values have been changing and have risen £596 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,910 in last 6 months, £5,143 in last 1 year, £6,633 in last 2 years, £7,277 in last 3 years, £3,296 in last 4 years and £3,999 in last 5 years.

Currently average asking price of a property in Tredegar is around £122,904 based on approximately 186 properties for sale. Same is the case with rental options based on 21 properties up for rent, average asking rent is around £543 per month.

Estimated property value in Tredegar is £93,043. Average asking price is £122,904 while average price paid is £90,618 which is up by £5,143 and Avg. asking rent £543.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 Tredegar area. In last 1 year alone average price buyer paid is around £90,618 based on approximately 186 sales in Tredegar area alone. If you compare it to last 3 years sales of 516 properties where buyers paid around £86,836. 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 £87,452 for 779 and average amount paid for purchase of approx. 1,024 properties sold in last 7 years comes to about £88,849 per sale.

 
 

Properties For Sale in Tredegar

 
 

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 1 bedroom is around £110,800, £75,985 for a 2 bedroom house, £106,868 for a 3 bedroom house, £176,507 for a 4 bedroom house and £254,965 for a 5 bedroom house. For a flat the prices of 2 bedroom is £50,879. To sum up the asking prices for properties in Tredegar it comes to around average £110,800 for 1 bedroom property, £72,924 for 2 bedroom, £106,868 for 3 bedroom, £176,507 for 4 bedroom and £254,965 for a 5 bedroom property.

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 can vary from £397 for 1 bedroom to £592 for 2 bedroom, £417 for 3 bedroom and £425 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £282. You should be generally be expecting around average £358 rent per month for single bedroom property, £592 for 2 bedroom, £417 for 3 bedroom and approximately £425 for 4 bedroom property in Tredegar area.

Popular Houses in Tredegar

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.

Sold Properties in Tredegar

Browse by Streets in Tredegar

Browse by Outcodes in Tredegar