Newent

Area Guide For Newent

Newent (initially called "Noent") is a little market town around 8 miles north west of Gloucester, on the northern edge of the Forest of Dean, and existing in the Forest of Dean Local Authority District. Its populace at the 2001 registration was 5,073. The town incorporates a half-timbered business sector house, different places of chronicled nature, and the site of the previous little Victorian exhibition hall, the Shambles, containing a reproduction of a nineteenth century road has been changed and now genuine nearby merchants involve the once imitation shops. There has been a settlement here since in any event Roman times and the town initially showed up in the Domesday Book. The town's football group is Newent Town AFC who now play in the Gloucester Northern Senior League, they were advanced 'as Champions' of the North Gloucester Premer League in the wake of winning the title on the fourteenth of May 2013. They have a Reserve group and a third group who play in the North Gloucester League. Likewise an under 18s and an under 15s young groups. Their home pitch and club house are at Wildsmith Meadow.

 
 

Newent Map

Estimated Price: £273,879
Average Asking Price: £238,798
Price change in last one year: £25,229
Average Price Paid: £212,859
Average Rent Rates: £616

 
 

Property Prices Breakdown in Newent

Average Price for property in Newent is around £273,879 which varies based on type of property you are interested in and ranges from £395,911 for detached house to around £211,683 for semi-detached. Similarly terraced house is around £180,043 and a flat is worth £168,182. Values have been changing and have risen £4,087 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £10,992 in last 6 months, £25,229 in last 1 year, £37,004 in last 2 years, £36,080 in last 3 years, £33,787 in last 4 years and £35,601 in last 5 years.

Currently average asking price of a property in Newent is around £238,798 based on approximately 127 properties for sale. Same is the case with rental options based on 15 properties up for rent, average asking rent is around £616 per month.

Estimated property value in Newent is £273,879. Average asking price is £238,798 while average price paid is £207,051 which is up by £25,229 and Avg. asking rent £616.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 Newent area. In last 1 year alone average price buyer paid is around £207,051 based on approximately 127 sales in Newent area alone. If you compare it to last 3 years sales of 340 properties where buyers paid around £210,278. 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 £212,859 for 550 and average amount paid for purchase of approx. 698 properties sold in last 7 years comes to about £215,095 per sale.

 
 

Properties For Sale in Newent

 
 

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 £173,488, £256,703 for a 3 bedroom house, £296,284 for a 4 bedroom house and £452,488 for a 5 bedroom house. For a flat similarly the prices varies from £103,529 for a single bedroom to £137,000 for a 2 bedroom Flat. To sum up the asking prices for properties in Newent it comes to around average £103,529 for 1 bedroom property, £161,325 for 2 bedroom, £256,703 for 3 bedroom, £296,284 for 4 bedroom and £452,488 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 £802 for 1 bedroom to £586 for 2 bedrooms, £650 for 3 bedrooms, £849 for 4 bedrooms and £901 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £498. You should be generally be expecting around average £650 rent per month for single bedroom property, £586 for 2 bedroom, £650 for 3 bedroom, £849 for 4 bedroom and approximately £901 for a 5 bedroom property in Newent area.

Popular Houses in Newent

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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