Average Price for property in Drake Close, Newport, NP19 is around £84,554 which varies based on type of property you are interested in and ranges from £77,743 for detached house to around £92,628 for semi-detached. Similarly terraced house is around £83,923. Values have been changing and have risen £33 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £538 in last 6 months, £4,656 in last 1 year, £5,775 in last 2 years, £8,326 in last 3 years, £8,286 in last 4 years and £6,213 in last 5 years.
Currently average asking price of a property in Drake Close, Newport, NP19 is around £150,289 based on approximately 1 properties for sale. Same is the case with rental options based on 145 properties up for rent, average asking rent is around £627 per month.
Estimated property value in Drake Close, Newport, NP19 is £84,554. Average asking price is £150,289 while average price paid is £90,000 which is up by £4,656 and Avg. asking rent £627.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 Drake Close, Newport, NP19 area. In last 1 year alone average price buyer paid is around £90,000 based on approximately 1 sales in Drake Close, Newport, NP19 area alone. If you compare it to last 3 years sales of 2 properties where buyers paid around £80,500. 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 £77,833 for 3 and average amount paid for purchase of approx. 3 properties sold in last 7 years comes to about £77,833 per sale.