Average Price for property in Commercial Street, Risca, Newport, NP11 is around £114,489 which varies based on type of property you are interested in and ranges from £611,660 for detached house to around £93,922 for semi-detached. Similarly terraced house is around £85,771 and a flat is worth £97,298. 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 £171 in last 6 months, £5,285 in last 1 year, £8,611 in last 2 years, £8,737 in last 3 years, £10,563 in last 4 years and £6,833 in last 5 years.
Currently average asking price of a property in Commercial Street, Risca, Newport, NP11 is around £122,625 based on approximately 2 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 Commercial Street, Risca, Newport, NP11 is £114,489. Average asking price is £122,625 while average price paid is £75,500 which is up by £5,285 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 Commercial Street, Risca, Newport, NP11 area. In last 1 year alone average price buyer paid is around £75,500 based on approximately 2 sales in Commercial Street, Risca, Newport, NP11 area alone. If you compare it to last 3 years sales of 3 properties where buyers paid around £70,333. 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 £73,812 for 8 and average amount paid for purchase of approx. 11 properties sold in last 7 years comes to about £80,545 per sale.