Values have been changing and have risen £220 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,071 in last 6 months, £5,254 in last 1 year, £7,877 in last 2 years, £9,851 in last 3 years, £8,703 in last 4 years and £6,198 in last 5 years.
Currently average asking price of a property in Gaer Vale, 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 Gaer Vale, Newport, NP20 is £100,262. Average asking price is £174,188 while average price paid is £114,500 which is up by £6,198 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 Vale, Newport, NP20 area. In last 5 years alone average price buyer paid is around £114,500 based on approximately 2 sales in Gaer Vale, Newport, NP20 area alone. If you compare it to last 7 years sales of 4 properties where buyers paid around £95,000.