Drinkwater Rise, Newport, NP20

Street Guide For Drinkwater Rise, Newport, NP20

 

Drinkwater Rise, Newport, NP20 Map

Estimated Price: £133,772
Average Asking Price: £174,188
Price change in last one year: £7,008
Average Price Paid: £126,000
Average Rent Rates: £654

 

Property Prices Breakdown in Drinkwater Rise, Newport, NP20

Average Price for property in Drinkwater Rise, Newport, NP20 is around £133,772 e.g. average price for detached house is around 133,772. Values have been changing and have risen £293 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,428 in last 6 months, £7,008 in last 1 year, £10,506 in last 2 years, £13,139 in last 3 years, £11,604 in last 4 years and £8,260 in last 5 years.

Currently average asking price of a property in Drinkwater Rise, Newport, NP20 is around £174,188 based on approximately 0 properties for sale. Same is the case with rental options based on 194 properties up for rent, average asking rent is around £654 per month.

Estimated property value in Drinkwater Rise, Newport, NP20 is £133,772. Average asking price is £174,188 while average price paid is £126,000 which is up by £8,260 and Avg. asking rent £654.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 Drinkwater Rise, Newport, NP20 area. In last 5 years alone average price buyer paid is around £126,000 based on approximately 1 sales in Drinkwater Rise, Newport, NP20 area alone. If you compare it to last 7 years sales of 2 properties where buyers paid around £138,000.

 
 

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 £113,574, £157,324 for a 3 bedroom house, £236,471 for a 4 bedroom house and £276,969 for a 5 bedroom house. For a flat similarly the prices varies from £75,792 for a single bedroom to £127,601 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £69,950. To sum up the asking prices for properties in Drinkwater Rise, Newport, NP20 it comes to around average £75,792 for 1 bedroom property, £122,308 for 2 bedroom, £154,994 for 3 bedroom, £236,471 for 4 bedroom and £276,969 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 £346 for 1 bedroom to £496 for 2 bedrooms, £590 for 3 bedrooms, £839 for 4 bedrooms and £1,395 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £396. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £478 and £526 for 3 bedroom. You should be generally be expecting around average £377 rent per month for single bedroom property, £482 for 2 bedroom, £584 for 3 bedroom, £839 for 4 bedroom and approximately £1,395 for a 5 bedroom property in Drinkwater Rise, Newport, NP20 area.

Popular Houses in Drinkwater Rise, Newport, NP20

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 Drinkwater Rise, Newport, NP20