Velindre Road, Whitchurch, Cardiff, CF14

Street Guide For Velindre Road, Whitchurch, Cardiff, CF14

 

Velindre Road, Whitchurch, Cardiff, CF14 Map

Estimated Price: £169,107
Average Asking Price: £302,552
Price change in last one year: £11,288
Average Price Paid: £129,586
Average Rent Rates: £985

 

Property Prices Breakdown in Velindre Road, Whitchurch, Cardiff, CF14

Average Price for property in Velindre Road, Whitchurch, Cardiff, CF14 is around £169,107 which varies based on type of property you are interested in and ranges from £255,601 for detached house to around £281,664 for semi-detached. Similarly terraced house is around £186,037 and a flat is worth £138,864. Values have been changing and have risen £815 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,444 in last 6 months, £11,288 in last 1 year, £17,956 in last 2 years, £19,105 in last 3 years, £20,659 in last 4 years and £18,278 in last 5 years.

Currently average asking price of a property in Velindre Road, Whitchurch, Cardiff, CF14 is around £302,552 based on approximately 15 properties for sale. Same is the case with rental options based on 226 properties up for rent, average asking rent is around £985 per month.

Estimated property value in Velindre Road, Whitchurch, Cardiff, CF14 is £169,107. Average asking price is £302,552 while average price paid is £112,366 which is up by £11,288 and Avg. asking rent £985.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 Velindre Road, Whitchurch, Cardiff, CF14 area. In last 1 year alone average price buyer paid is around £112,366 based on approximately 15 sales in Velindre Road, Whitchurch, Cardiff, CF14 area alone. If you compare it to last 3 years sales of 37 properties where buyers paid around £111,390. 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 £129,586 for 56 and average amount paid for purchase of approx. 70 properties sold in last 7 years comes to about £132,664 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 £92,370, £190,611 for a 2 bedroom house, £250,272 for a 3 bedroom house, £451,249 for a 4 bedroom house and £608,389 for a 5 bedroom house. For a flat similarly the prices varies from £119,711 for a single bedroom to £143,800 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £207,080. To sum up the asking prices for properties in Velindre Road, Whitchurch, Cardiff, CF14 it comes to around average £114,453 for 1 bedroom property, £161,762 for 2 bedroom, £247,701 for 3 bedroom, £451,249 for 4 bedroom and £608,389 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 £507 for 1 bedroom to £694 for 2 bedrooms, £926 for 3 bedrooms, £1,122 for 4 bedrooms and £1,287 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £528. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £646, £781 for 3 bedroom, £880 for 4 bedroom and around £1,300 for 5 bedroom flat. You should be generally be expecting around average £526 rent per month for single bedroom property, £660 for 2 bedroom, £887 for 3 bedroom, £1,101 for 4 bedroom and approximately £1,287 for a 5 bedroom property in Velindre Road, Whitchurch, Cardiff, CF14 area.

Popular Houses in Velindre Road, Whitchurch, Cardiff, CF14

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.

Areas in and around Velindre Road, Whitchurch, Cardiff, CF14