Springfield Lane, Rhiwderin, Newport, NP10

Street Guide For Springfield Lane, Rhiwderin, Newport, NP10

 

Springfield Lane, Rhiwderin, Newport, NP10 Map

Estimated Price: £357,891
Average Asking Price: £226,726
Price change in last one year: £20,253
Average Price Paid: £291,250
Average Rent Rates: £595

 

Property Prices Breakdown in Springfield Lane, Rhiwderin, Newport, NP10

Average Price for property in Springfield Lane, Rhiwderin, Newport, NP10 is around £357,891 which varies based on type of property you are interested in and ranges from £348,710 for detached house to around £440,505 for semi-detached. Values have been changing and have risen £191 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,427 in last 6 months, £20,253 in last 1 year, £23,529 in last 2 years, £33,236 in last 3 years, £33,307 in last 4 years and £27,404 in last 5 years.

Currently average asking price of a property in Springfield Lane, Rhiwderin, Newport, NP10 is around £226,726 based on approximately 1 properties for sale. Same is the case with rental options based on 38 properties up for rent, average asking rent is around £595 per month.

Estimated property value in Springfield Lane, Rhiwderin, Newport, NP10 is £357,891. Average asking price is £226,726 while average price paid is £277,500 which is up by £20,253 and Avg. asking rent £595.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 Springfield Lane, Rhiwderin, Newport, NP10 area. In last 1 year alone average price buyer paid is around £277,500 based on approximately 1 sales in Springfield Lane, Rhiwderin, Newport, NP10 area alone. If you compare it to last 3 years sales of 2 properties where buyers paid around £291,250. 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 £291,250 for 2 and average amount paid for purchase of approx. 3 properties sold in last 7 years comes to about £285,833 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 £72,475, £105,585 for a 2 bedroom house, £180,764 for a 3 bedroom house, £278,517 for a 4 bedroom house and £729,992 for a 5 bedroom house. For a flat the prices of 2 bedroom is £102,531. To sum up the asking prices for properties in Springfield Lane, Rhiwderin, Newport, NP10 it comes to around average £72,475 for 1 bedroom property, £104,608 for 2 bedroom, £180,764 for 3 bedroom, £278,517 for 4 bedroom and £729,992 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 £351 for 1 bedroom to £577 for 2 bedroom, £666 for 3 bedroom and £972 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £442. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £506. You should be generally be expecting around average £406 rent per month for single bedroom property, £546 for 2 bedroom, £666 for 3 bedroom and approximately £972 for 4 bedroom property in Springfield Lane, Rhiwderin, Newport, NP10 area.

Popular Houses in Springfield Lane, Rhiwderin, Newport, NP10

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.

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