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Apartments and houses for sale in Treharris

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Treharris insights

AspectSummary
PopulationApproximately 5,000 residents
Average Property PriceAround £150,000
Rental YieldAround 5.5%
Average RentApproximately £700/month
Occupancy RateAround 90%
Capital Growth RateEstimated at 3% per annum
Property TaxAverage council tax band is around £1,200/year
Transaction CostsEstimated at 4-6% of property price
Expected ROIAround 8-10% including capital appreciation
Economic Growth ImpactModerate growth due to local infrastructure development

Treharris FAQ

  • How do Treharris property prices compare to nearby areas?

    Treharris property prices are generally more affordable compared to nearby areas such as Merthyr Tydfil and Pontypridd. As of recent data, the average house price in Treharris hovers around £170,000, while in Merthyr Tydfil, it can range up to £200,000 for similar properties. In contrast, Pontypridd experiences higher prices, often exceeding £220,000, particularly in sought-after neighborhoods. Factors contributing to these variations include Treharris's smaller size and its status as a less urbanized area, which appeals to buyers looking for lower-priced options. The proximity to natural landscapes and transport links, however, does influence property prices to some degree, making Treharris a competitive choice within the region.

  • What are the average home prices in Treharris?

    The average home prices in Treharris vary depending on the type of property and its location within the town. As of late 2023, the typical price for a terraced house is around £130,000, while semi-detached homes usually fall between £150,000 and £180,000. Larger detached properties can reach upwards of £250,000, depending on their condition and specific features. For example, a recently renovated three-bedroom semi-detached house might be listed for approximately £175,000, whereas an older two-bedroom terraced home could be found for just under £120,000. Additionally, the area offers a mix of older Victorian homes and more modern builds, which also influences pricing.

  • What are the average rental prices in Treharris?

    In Treharris, rental prices can vary based on property type and location within the town. As of 2023, average monthly rents for a one-bedroom apartment typically range from £500 to £600. Larger two-bedroom houses usually command rents between £600 and £750, while three-bedroom homes might go for £750 to £900, depending on their condition and proximity to local amenities. Some areas closer to the town center or with better transport links may see rents on the higher end of these ranges. Additionally, newly renovated properties often attract a premium and may exceed these averages. Overall, Treharris presents a diverse rental market that can accommodate various budgets, reflecting its blend of urban and rural living.

  • How have real estate prices in Treharris changed over the past year?

    Over the past year, real estate prices in Treharris have seen a notable increase, reflecting broader trends in the UK housing market. According to local property listings, the average house price rose by approximately 8%, with three-bedroom homes typically selling for around £230,000 compared to £213,000 the previous year. This surge can be attributed to heightened demand, driven partly by first-time buyers seeking affordable housing options outside larger cities. Notably, properties in desirable areas, such as those close to the Taff Trail or near local amenities, have experienced even more significant price jumps, sometimes exceeding 10% in certain neighborhoods. Additionally, the rental market has tightened, with average monthly rents for two-bedroom flats increasing from £650 to nearly £700, reflecting the pressure on available housing stock.

  • What factors influence real estate prices in Treharris?

    Real estate prices in Treharris are influenced by a variety of factors, including location, economic conditions, and community amenities. Proximity to transportation hubs, such as Treharris train station, plays a significant role, as easy access to neighboring towns and cities can increase desirability. Economic factors, including employment rates and income levels in the surrounding area, also affect demand; for example, the presence of local industries or developments in nearby Merthyr Tydfil can impact residents' purchasing power. Additionally, the availability and quality of schools, parks, and healthcare facilities contribute to housing demand; homes close to well-regarded schools tend to command higher prices. Furthermore, the overall condition of the housing market, trends in buyer activity, and interest rates can quickly shift property values, reflecting broader economic changes. Neighborhood characteristics, such as crime rates and community cohesion, further shape perceptions of Treharris as a place to live, ultimately influencing what buyers are willing to pay.

  • Are property prices in Treharris rising or falling?

    Property prices in Treharris have shown fluctuations over recent months. For instance, according to the latest reports, average house prices have experienced a slight increase of around 2% year-on-year, with typical prices hovering around £150,000. However, this local trend contrasts with broader national patterns where some areas see more significant increases. The demand for residential properties in Treharris may be attributed to its affordability compared to neighboring towns like Merthyr Tydfil, which has faced steeper price hikes. Additionally, the ongoing developments and improvements in infrastructure, such as transport links to Cardiff, have contributed to a moderate rise in interest from potential buyers. Despite these factors, some local analysts note that the market remains sensitive to economic shifts and changing buyer sentiments, leading to variations in pricing stability throughout the area.

  • What is the price range for houses in Treharris?

    The price range for houses in Treharris varies, largely depending on the type and size of the property. As of late 2023, prices for terraced homes typically start around £120,000 to £150,000, while semi-detached houses can range from £160,000 to £220,000. Larger detached properties may be priced from £250,000 to £350,000 or more, depending on their condition and location within Treharris. For example, a three-bedroom semi-detached house on a recent listing was listed at £175,000, while a four-bedroom detached property went for approximately £290,000. Additionally, period homes and newer developments might command higher prices, reflecting local demand and amenities.