Llantwit Major

Area Guide For Llantwit Major

Llantwit  Major is a little waterfront town and group in the Vale of Glamorgan, Wales, lying on the Bristol Channel coast. It is one of four towns in the Vale of Glamorgan and the third biggest by populace (13,366 (2001)) after Barry and Penarth, and in front of Cowbridge, which lies around 4.5 miles to the upper east. The town focal point of Llantwit Major lies around 9 miles southeast of the core of Bridgend, 10 miles west of the middle of Barry, and around 15 miles (24 km) miles south-west of the inside of the Welsh capital of Cardiff which lies further to the east past Barry. 

The town's name in Welsh, Llanilltud Fawr, is gotten from the name of Saint Illtud, who went to the range from Brittany, Gaul. He established the cloister of Illtud and the school appended to it, Cor Tewdws, which would develop into a standout amongst the most regarded Christian schools of the times. At crest it pulled in more than 2000 understudies, including princes and various prominent priests, some now adored as holy persons.

 
 

Llantwit Major Map

Estimated Price: £213,165
Average Asking Price: £298,122
Price change in last one year: £16,086
Average Price Paid: £188,568
Average Rent Rates: £714

 
 

Property Prices Breakdown in Llantwit Major

Average Price for property in Llantwit Major is around £213,165 which varies based on type of property you are interested in and ranges from £293,375 for detached house to around £183,213 for semi-detached. Similarly terraced house is around £145,529 and a flat is worth £99,282. Values have been changing and have risen £613 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,558 in last 6 months, £16,086 in last 1 year, £22,005 in last 2 years, £24,010 in last 3 years, £27,147 in last 4 years and £24,804 in last 5 years.

Currently average asking price of a property in Llantwit Major is around £298,122 based on approximately 116 properties for sale. Same is the case with rental options based on 9 properties up for rent, average asking rent is around £714 per month.

Estimated property value in Llantwit Major is £213,165. Average asking price is £298,122 while average price paid is £186,158 which is up by £16,086 and Avg. asking rent £714.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 Llantwit Major area. In last 1 year alone average price buyer paid is around £186,158 based on approximately 116 sales in Llantwit Major area alone. If you compare it to last 3 years sales of 331 properties where buyers paid around £187,820. 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 £188,568 for 531 and average amount paid for purchase of approx. 701 properties sold in last 7 years comes to about £188,066 per sale.

 
 

Properties For Sale in Llantwit Major

 
 

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 2 bedroom is around £132,285, £185,952 for a 3 bedroom house, £394,300 for a 4 bedroom house and £368,150 for a 5 bedroom house. For a flat the prices of single bedroom is £79,950. To sum up the asking prices for properties in Llantwit Major it comes to around average £79,950 for 1 bedroom property, £132,285 for 2 bedroom, £185,952 for 3 bedroom, £394,300 for 4 bedroom and £368,150 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 £524 for 2 bedroom to £699 for 3 bedroom and £1,001 for 4 bedroom. You should be generally be expecting around average £524 rent per month for 2 bedroom property, £699 for 3 bedroom and approximately £1,001 for 4 bedroom property in Llantwit Major area.

Popular Houses in Llantwit Major

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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