Average Price for property in Monmouthshire is around £263,996 which varies based on type of property you are interested in and ranges from £351,280 for detached house to around £194,170 for semi-detached. Similarly terraced house is around £171,259 and a flat is worth £137,172. Values have been changing and have risen £3,208 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £6,732 in last 6 months, £22,018 in last 1 year, £20,814 in last 2 years, £27,753 in last 3 years, £30,437 in last 4 years and £27,134 in last 5 years.
Currently average asking price of a property in Monmouthshire is around £343,888 based on approximately 1,168 properties for sale. Same is the case with rental options based on 184 properties up for rent, average asking rent is around £987 per month.
Estimated property value in Monmouthshire is £263,996. Average asking price is £343,888 while average price paid is £233,464 which is up by £22,018 and Avg. asking rent £987.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 Monmouthshire area. In last 1 year alone average price buyer paid is around £233,464 based on approximately 1,168 sales in Monmouthshire area alone. If you compare it to last 3 years sales of 3,586 properties where buyers paid around £224,000. 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 £222,706 for 5,676 and average amount paid for purchase of approx. 7,309 properties sold in last 7 years comes to about £220,864 per sale.