Average Price for property in Elm Drive, Risca, Newport, NP11 is around £90,350 which varies based on type of property you are interested in and ranges from £90,356 for detached house to around £91,724 for semi-detached. Similarly terraced house is around £90,268 and a flat is worth £46,026. Values have been changing and have risen £14 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £133 in last 6 months, £4,174 in last 1 year, £6,801 in last 2 years, £6,903 in last 3 years, £8,347 in last 4 years and £5,405 in last 5 years.
Currently average asking price of a property in Elm Drive, Risca, Newport, NP11 is around £122,625 based on approximately 6 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 Elm Drive, Risca, Newport, NP11 is £90,350. Average asking price is £122,625 while average price paid is £99,999 which is up by £4,174 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 Elm Drive, Risca, Newport, NP11 area. In last 1 year alone average price buyer paid is around £99,999 based on approximately 6 sales in Elm Drive, Risca, Newport, NP11 area alone. If you compare it to last 3 years sales of 16 properties where buyers paid around £88,437. 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 £83,004 for 22 and average amount paid for purchase of approx. 27 properties sold in last 7 years comes to about £84,033 per sale.