Average Price for property in Newport is around £215,788 which varies based on type of property you are interested in and ranges from £318,919 for detached house to around £196,657 for semi-detached. Similarly terraced house is around £162,304 and a flat is worth £127,444. Values have been changing and have risen £1,950 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £5,703 in last 6 months, £14,297 in last 1 year, £31,478 in last 2 years, £28,605 in last 3 years, £24,402 in last 4 years and £22,647 in last 5 years.
Currently average asking price of a property in Newport is around £296,587 based on approximately 432 properties for sale. Same is the case with rental options based on 2,313 properties up for rent, average asking rent is around £1,221 per month.
Estimated property value in Newport is £215,788. Average asking price is £296,587 while average price paid is £189,911 which is up by £14,297 and Avg. asking rent £1,221.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 Newport area. In last 1 year alone average price buyer paid is around £189,911 based on approximately 432 sales in Newport area alone. If you compare it to last 3 years sales of 1,306 properties where buyers paid around £179,461. 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 £181,159 for 2,040 and average amount paid for purchase of approx. 2,806 properties sold in last 7 years comes to about £181,389 per sale.