Average Price for property in Grove Road, Risca, Newport, NP11 is around £119,627 which varies based on type of property you are interested in and ranges from £177,120 for semi-detached to around £111,414 for terraced house. Values have been changing and have risen £19 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £178 in last 6 months, £5,522 in last 1 year, £8,997 in last 2 years, £9,127 in last 3 years, £11,034 in last 4 years and £7,135 in last 5 years.
Currently average asking price of a property in Grove Road, Risca, Newport, NP11 is around £122,625 based on approximately 2 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 Grove Road, Risca, Newport, NP11 is £119,627. Average asking price is £122,625 while average price paid is £117,000 which is up by £5,522 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 Grove Road, Risca, Newport, NP11 area. In last 1 year alone average price buyer paid is around £117,000 based on approximately 2 sales in Grove Road, Risca, Newport, NP11 area alone. If you compare it to last 3 years sales of 7 properties where buyers paid around £102,785. 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 £100,833 for 9 and average amount paid for purchase of approx. 12 properties sold in last 7 years comes to about £106,125 per sale.