Aberaeron

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Area Guide For Aberaeron

Aberaeron (earlier anglicized Aberayron) is a shoreline resort town in Ceredigion, Wales. Arranged in the middle of Aberystwyth and Cardigan, it is home to the base camp of Ceredigion County Council. The populace was 1,520 in 2001. The name is from Welsh Aberaeron, signifying "mouth of the River Aeron", got from the Middle Welsh aer - 'slaughter', which provided for its name to Aeron, a Welsh lord of war. In 1800, there was no huge seaside settlement. The present town was arranged and created from 1805 by the Rev. Alban Thomas Jones Gwynne. The harbor he manufactured worked as a port and upheld a shipbuilding industry in the nineteenth century. A gathering of laborers' homes and a school were based on the harbor's north side, yet these were recovered by the sea. Steam boats kept on visitting the harbor until the 1920s in any case, in later years, it developed into a little half-tide harbor for recreational specialty. The estuary is likewise crossed by a wooden person on foot span.

 
 

Aberaeron Map

Estimated Price: £203,132
Average Asking Price: £253,033
Price change in last one year: £10,973
Average Price Paid: £197,182
Average Rent Rates: £598

 
 

Property Prices Breakdown in Aberaeron

Average Price for property in Aberaeron is around £203,132 which varies based on type of property you are interested in and ranges from £221,601 for detached house to around £190,079 for semi-detached. Similarly terraced house is around £190,449 and a flat is worth £121,558. Values have been changing and have risen £385 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £489 in last 6 months, £10,973 in last 1 year, £15,198 in last 2 years, £18,602 in last 3 years, £14,146 in last 4 years and £13,415 in last 5 years.

Currently average asking price of a property in Aberaeron is around £253,033 based on approximately 18 properties for sale. Same is the case with rental options based on 1 properties up for rent, average asking rent is around £598 per month.

Estimated property value in Aberaeron is £203,132. Average asking price is £253,033 while average price paid is £181,830 which is up by £10,973 and Avg. asking rent £598.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 Aberaeron area. In last 1 year alone average price buyer paid is around £181,830 based on approximately 18 sales in Aberaeron area alone. If you compare it to last 3 years sales of 65 properties where buyers paid around £190,933. 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 £197,182 for 128 and average amount paid for purchase of approx. 180 properties sold in last 7 years comes to about £192,498 per sale.

 
 
 
 

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 £74,995, £199,630 for a 2 bedroom house, £251,531 for a 3 bedroom house, £294,618 for a 4 bedroom house and £496,000 for a 5 bedroom house. For a flat similarly the prices varies from £110,000 for a single bedroom to £119,950 for a 3 bedroom Flat. To sum up the asking prices for properties in Aberaeron it comes to around average £92,498 for 1 bedroom property, £199,630 for 2 bedroom, £246,657 for 3 bedroom, £294,618 for 4 bedroom and £496,000 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 is £598 for 3 bedroom. You should be generally be expecting around average £598 rent per month for 3 bedroom property in Aberaeron area.

Popular Houses in Aberaeron

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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