Newbury

Area Guide For Newbury

Newbury is the primary town in the west of Berkshire, England and has its own particular common ward and additionally the authoritative central station of West Berkshire. It compasses both sides of the River Kennet and the Kennet and Avon Canal, and has a town focus containing numerous seventeenth century structures. Newbury has a racecourse and the base camp of Vodafone UK.

The town is give or take south-focal in West Berkshire and has a few of its inns. To Newbury's north and west is the. eastern stretch, the Berkshire Downs, of the North Wessex Downs Area of Outstanding Natural Beauty, the part-destroyed Donnington Castle and racehorse preparing.

 
 

Newbury Map

Estimated Price: £396,283
Average Asking Price: £346,890
Price change in last one year: £24,920
Average Price Paid: £302,729
Average Rent Rates: £2,417

 
 

Property Prices Breakdown in Newbury

Average Price for property in Newbury is around £396,283 which varies based on type of property you are interested in and ranges from £615,796 for detached house to around £336,895 for semi-detached. Similarly terraced house is around £265,430 and a flat is worth £206,799. Values have been changing and have risen £3,036 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £7,582 in last 6 months, £24,920 in last 1 year, £38,297 in last 2 years, £65,461 in last 3 years, £63,568 in last 4 years and £60,933 in last 5 years.

Currently average asking price of a property in Newbury is around £346,890 based on approximately 901 properties for sale. Same is the case with rental options based on 88 properties up for rent, average asking rent is around £2,417 per month.

Estimated property value in Newbury is £396,283. Average asking price is £346,890 while average price paid is £317,872 which is up by £24,920 and Avg. asking rent £2,417.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 Newbury area. In last 1 year alone average price buyer paid is around £317,872 based on approximately 901 sales in Newbury area alone. If you compare it to last 3 years sales of 2,684 properties where buyers paid around £307,112. 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 £302,729 for 4,208 and average amount paid for purchase of approx. 5,659 properties sold in last 7 years comes to about £297,242 per sale.

 
 

Properties For Sale in Newbury

 
 

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 £113,150, £211,234 for a 2 bedroom house, £324,025 for a 3 bedroom house, £565,709 for a 4 bedroom house and £854,383 for a 5 bedroom house. For a flat similarly the prices varies from £132,269 for a single bedroom to £196,730 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £580,970. To sum up the asking prices for properties in Newbury it comes to around average £130,318 for 1 bedroom property, £198,961 for 2 bedroom, £344,418 for 3 bedroom, £565,709 for 4 bedroom and £854,383 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 £631 for 1 bedroom to £985 for 2 bedrooms, £1,112 for 3 bedrooms, £2,500 for 4 bedrooms and £2,249 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £755. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £888. You should be generally be expecting around average £730 rent per month for single bedroom property, £920 for 2 bedroom, £1,112 for 3 bedroom, £2,500 for 4 bedroom and approximately £2,249 for a 5 bedroom property in Newbury area.

Popular Houses in Newbury

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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