Cromwell Road, Risca, Newport, NP11

Street Guide For Cromwell Road, Risca, Newport, NP11

 

Cromwell Road, Risca, Newport, NP11 Map

Estimated Price: £116,014
Average Asking Price: £122,625
Price change in last one year: £5,356
Average Price Paid: £110,895
Average Rent Rates: £558

 

Property Prices Breakdown in Cromwell Road, Risca, Newport, NP11

Average Price for property in Cromwell Road, Risca, Newport, NP11 is around £116,014 which varies based on type of property you are interested in and ranges from £129,056 for semi-detached to around £114,008 for terraced house. Values have been changing and have risen £19 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £173 in last 6 months, £5,356 in last 1 year, £8,726 in last 2 years, £8,852 in last 3 years, £10,702 in last 4 years and £6,922 in last 5 years.

Currently average asking price of a property in Cromwell Road, Risca, Newport, NP11 is around £122,625 based on approximately 6 properties for sale. Same is the case with rental options based on 56 properties up for rent, average asking rent is around £558 per month.

Estimated property value in Cromwell Road, Risca, Newport, NP11 is £116,014. Average asking price is £122,625 while average price paid is £103,491 which is up by £5,356 and Avg. asking rent £558.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 Cromwell Road, Risca, Newport, NP11 area. In last 1 year alone average price buyer paid is around £103,491 based on approximately 6 sales in Cromwell Road, Risca, Newport, NP11 area alone. If you compare it to last 3 years sales of 8 properties where buyers paid around £109,243. 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 £110,895 for 10 and average amount paid for purchase of approx. 11 properties sold in last 7 years comes to about £108,813 per sale.

 
 

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 £57,817, £85,601 for a 2 bedroom house, £117,469 for a 3 bedroom house, £196,520 for a 4 bedroom house and £398,483 for a 5 bedroom house. For a flat similarly the prices varies from £66,967 for a single bedroom to £82,439 for a 2 bedroom Flat. Same is the case with 4 bedroom flat £95,000. To sum up the asking prices for properties in Cromwell Road, Risca, Newport, NP11 it comes to around average £62,392 for 1 bedroom property, £84,968 for 2 bedroom, £117,469 for 3 bedroom, £189,752 for 4 bedroom and £398,483 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 £359 for 1 bedroom to £450 for 2 bedrooms, £491 for 3 bedrooms, £768 for 4 bedrooms and £849 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £378. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £341 and £451 for 4 bedroom. You should be generally be expecting around average £373 rent per month for single bedroom property, £404 for 2 bedroom, £491 for 3 bedroom, £705 for 4 bedroom and approximately £849 for a 5 bedroom property in Cromwell Road, Risca, Newport, NP11 area.

Popular Houses in Cromwell Road, Risca, Newport, NP11

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.

Areas in and around Cromwell Road, Risca, Newport, NP11