Caerphilly

Area Guide For Caerphilly

Caerphilly (Welsh: Caerffili) is a region precinct in southern Wales, straddling the antiquated district limit in the middle of Glamorgan and Monmouthshire. Its primary town is Caerphilly, furthermore the biggest. Different towns in the district precinct are Bedwas, Risca, Ystrad Mynach, Newbridge, Blackwood, Bargoed, New Tredegar and Rhymney. The area precinct was structured on 1 April 1996 by the merger of the Rhymney Valley region of Mid Glamorgan with the Islwyn ward of Gwent. The area is administered by Caerphilly County Borough Council.

 
 

Caerphilly Map

Estimated Price: £156,237
Average Asking Price: £182,354
Price change in last one year: £6,222
Average Price Paid: £138,647
Average Rent Rates: £513

 
 

Property Prices Breakdown in Caerphilly

Average Price for property in Caerphilly is around £156,237 which varies based on type of property you are interested in and ranges from £238,027 for detached house to around £139,853 for semi-detached. Similarly terraced house is around £117,174 and a flat is worth £93,976. Values have been changing and have risen £363 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,553 in last 6 months, £6,222 in last 1 year, £11,659 in last 2 years, £15,908 in last 3 years, £13,388 in last 4 years and £15,798 in last 5 years.

Currently average asking price of a property in Caerphilly is around £182,354 based on approximately 682 properties for sale. Same is the case with rental options based on 33 properties up for rent, average asking rent is around £513 per month.

Estimated property value in Caerphilly is £156,237. Average asking price is £182,354 while average price paid is £147,956 which is up by £6,222 and Avg. asking rent £513.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 Caerphilly area. In last 1 year alone average price buyer paid is around £147,956 based on approximately 682 sales in Caerphilly area alone. If you compare it to last 3 years sales of 1,944 properties where buyers paid around £142,051. 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 £138,647 for 3,041 and average amount paid for purchase of approx. 4,066 properties sold in last 7 years comes to about £139,147 per sale.

 
 

Properties For Sale in Caerphilly

 
 

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 £72,500, £120,804 for a 2 bedroom house, £154,648 for a 3 bedroom house, £234,768 for a 4 bedroom house and £345,414 for a 5 bedroom house. For a flat similarly the prices varies from £68,749 for a single bedroom to £94,843 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £93,972. To sum up the asking prices for properties in Caerphilly it comes to around average £69,499 for 1 bedroom property, £113,016 for 2 bedroom, £153,564 for 3 bedroom, £234,768 for 4 bedroom and £345,414 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 £526 for 2 bedroom to £559 for 3 bedroom and £594 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £430. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £576. You should be generally be expecting around average £430 rent per month for single bedroom property, £532 for 2 bedroom, £559 for 3 bedroom and approximately £594 for 4 bedroom property in Caerphilly area.

Popular Houses in Caerphilly

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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