Average Price for property in Gaer Road, Newport, NP20 is around £140,768 which varies based on type of property you are interested in and ranges from £159,094 for detached house to around £182,283 for semi-detached. Similarly terraced house is around £78,013 and a flat is worth £76,873. Values have been changing and have risen £309 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,504 in last 6 months, £7,376 in last 1 year, £11,056 in last 2 years, £13,827 in last 3 years, £12,213 in last 4 years and £8,693 in last 5 years.
Currently average asking price of a property in Gaer Road, Newport, NP20 is around £174,188 based on approximately 3 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 Gaer Road, Newport, NP20 is £140,768. Average asking price is £174,188 while average price paid is £153,998 which is up by £7,376 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 Gaer Road, Newport, NP20 area. In last 1 year alone average price buyer paid is around £153,998 based on approximately 3 sales in Gaer Road, Newport, NP20 area alone. If you compare it to last 3 years sales of 6 properties where buyers paid around £121,249. 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 £131,135 for 11 and average amount paid for purchase of approx. 14 properties sold in last 7 years comes to about £132,749 per sale.