Average Price for property in Drake Road, Newport, PO30 is around £166,930 which varies based on type of property you are interested in and ranges from £261,494 for detached house to around £180,926 for terraced house. Similarly flat is around £145,537. Values have been changing and have risen £1,647 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £5,090 in last 6 months, £12,311 in last 1 year, £21,825 in last 2 years, £21,128 in last 3 years, £19,060 in last 4 years and £18,862 in last 5 years.
Currently average asking price of a property in Drake Road, Newport, PO30 is around £286,323 based on approximately 0 properties for sale. Same is the case with rental options based on 59 properties up for rent, average asking rent is around £736 per month.
Estimated property value in Drake Road, Newport, PO30 is £166,930. Average asking price is £286,323 while average price paid is £140,000 which is up by £21,128 and Avg. asking rent £736.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 Road, Newport, PO30 area. In last 3 years alone average price buyer paid is around £140,000 based on approximately 3 sales in Drake Road, Newport, PO30 area alone. If you compare it to last 5 years sales of 4 properties where buyers paid around £136,250. It has been same for some time now for e.g. if you take an average of amount paid in last 7 years, it comes to around £130,166 for 6 per sale.