Grasmere Way, Chepstow, NP16

Street Guide For Grasmere Way, Chepstow, NP16

 

Grasmere Way, Chepstow, NP16 Map

Estimated Price: £240,949
Average Asking Price: £365,832
Price change in last one year: £17,404
Average Price Paid: £229,500
Average Rent Rates: £871

 

Property Prices Breakdown in Grasmere Way, Chepstow, NP16

Average Price for property in Grasmere Way, Chepstow, NP16 is around £240,949 e.g. average price for detached house is around 240,949. Values have been changing and have risen £1,834 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £5,129 in last 6 months, £17,404 in last 1 year, £21,274 in last 2 years, £22,234 in last 3 years, £26,608 in last 4 years and £18,417 in last 5 years.

Currently average asking price of a property in Grasmere Way, Chepstow, NP16 is around £365,832 based on approximately 0 properties for sale. Same is the case with rental options based on 44 properties up for rent, average asking rent is around £871 per month.

Estimated property value in Grasmere Way, Chepstow, NP16 is £240,949. Average asking price is £365,832 while average price paid is £229,500 which is up by £22,234 and Avg. asking rent £871.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 Grasmere Way, Chepstow, NP16 area. In last 3 years alone average price buyer paid is around £229,500 based on approximately 1 sales in Grasmere Way, Chepstow, NP16 area alone. If you compare it to last 5 years sales of 1 properties where buyers paid around £229,500. 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 £229,500 for 1 per sale.

 
 

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 1 bedroom is around £155,967, £192,905 for a 2 bedroom house, £246,768 for a 3 bedroom house, £447,441 for a 4 bedroom house and £551,744 for a 5 bedroom house. For a flat similarly the prices varies from £137,496 for a single bedroom to £198,170 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £274,950. To sum up the asking prices for properties in Grasmere Way, Chepstow, NP16 it comes to around average £140,959 for 1 bedroom property, £194,660 for 2 bedroom, £247,500 for 3 bedroom, £447,441 for 4 bedroom and £551,744 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 £615 for 2 bedroom to £695 for 3 bedroom, £1,378 for 4 bedroom and £1,624 for 5 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £462. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £576. You should be generally be expecting around average £462 rent per month for single bedroom property, £607 for 2 bedroom, £695 for 3 bedroom, £1,378 for 4 bedroom and approximately £1,624 for a 5 bedroom property in Grasmere Way, Chepstow, NP16 area.

Popular Houses in Grasmere Way, Chepstow, NP16

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 Grasmere Way, Chepstow, NP16