Aberystwyth

Area Guide For Aberystwyth

Aberystwyth is a memorable market town, managerial focus and occasion resort inside Ceredigion, West Wales. Frequently informally known as Aber, it is placed close to the conversion of the waterways Ystwyth and Rheidol. Since the late nineteenth century, Aberystwyth has likewise been a major Welsh instructive focus, with the foundation of a college school there in 1872. At the 2001 enumeration, the town's populace was 15,935. During nine months of the year, there is an increase of understudies to an aggregate number of 10,400 as of September 2012 —however there is no dependable measure of the quantity of those understudies whose family home is outside Aberystwyth. Aberystwyth is served by Aberystwyth station, arranged in the town focus. The station is the end of an administration gave by Arriva Trains Wales, on a two-hourly premise (most trains leave at half-past the odd-numbered hours), over the picturesque Cambrian Line to Shrewsbury and Birmingham by means of Machynlleth and Mid Wales.

 
 

Aberystwyth Map

Estimated Price: £203,155
Average Asking Price: £238,779
Price change in last one year: £8,091
Average Price Paid: £187,226
Average Rent Rates: £823

 
 

Property Prices Breakdown in Aberystwyth

Average Price for property in Aberystwyth is around £203,155 which varies based on type of property you are interested in and ranges from £244,056 for detached house to around £178,726 for semi-detached. Similarly terraced house is around £172,433 and a flat is worth £163,464. Values have been changing and have risen £1,112 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,250 in last 6 months, £8,091 in last 1 year, £16,347 in last 2 years, £4,797 in last 3 years, £17,373 in last 4 years and £13,605 in last 5 years.

Currently average asking price of a property in Aberystwyth is around £238,779 based on approximately 196 properties for sale. Same is the case with rental options based on 227 properties up for rent, average asking rent is around £823 per month.

Estimated property value in Aberystwyth is £203,155. Average asking price is £238,779 while average price paid is £182,844 which is up by £8,091 and Avg. asking rent £823.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 Aberystwyth area. In last 1 year alone average price buyer paid is around £182,844 based on approximately 196 sales in Aberystwyth area alone. If you compare it to last 3 years sales of 581 properties where buyers paid around £184,813. 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 £187,226 for 1,005 and average amount paid for purchase of approx. 1,380 properties sold in last 7 years comes to about £187,525 per sale.

 
 

Properties For Sale in Aberystwyth

 
 

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 £158,250, £170,088 for a 2 bedroom house, £231,578 for a 3 bedroom house, £343,324 for a 4 bedroom house and £307,117 for a 5 bedroom house. For a flat similarly the prices varies from £105,143 for a single bedroom to £147,987 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £219,988. To sum up the asking prices for properties in Aberystwyth it comes to around average £116,944 for 1 bedroom property, £156,771 for 2 bedroom, £231,063 for 3 bedroom, £343,324 for 4 bedroom and £307,117 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 £394 for 1 bedroom to £764 for 2 bedrooms, £634 for 3 bedrooms, £745 for 4 bedrooms and £1,038 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £480. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £606, £800 for 3 bedroom, £997 for 4 bedroom and around £423 for 5 bedroom flat. You should be generally be expecting around average £440 rent per month for single bedroom property, £668 for 2 bedroom, £692 for 3 bedroom, £806 for 4 bedroom and approximately £1,005 for a 5 bedroom property in Aberystwyth area.

Popular Houses in Aberystwyth

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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