Values have been changing and have risen £40 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,180 in last 6 months, £6,830 in last 1 year, £14,486 in last 2 years, £11,750 in last 3 years, £16,222 in last 4 years and £12,257 in last 5 years.
Currently average asking price of a property in Y Lanfa, Trefechan, Aberystwyth, SY23 is around £235,539 based on approximately 2 properties for sale. Same is the case with rental options based on 231 properties up for rent, average asking rent is around £818 per month.
Estimated property value in Y Lanfa, Trefechan, Aberystwyth, SY23 is £243,428. Average asking price is £235,539 while average price paid is £225,000 which is up by £6,830 and Avg. asking rent £818.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 Y Lanfa, Trefechan, Aberystwyth, SY23 area. In last 1 year alone average price buyer paid is around £225,000 based on approximately 2 sales in Y Lanfa, Trefechan, Aberystwyth, SY23 area alone. If you compare it to last 3 years sales of 6 properties where buyers paid around £213,750. 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 £223,863 for 11 and average amount paid for purchase of approx. 14 properties sold in last 7 years comes to about £217,250 per sale.