Main Road, Arreton, Newport, PO30

Street Guide For Main Road, Arreton, Newport, PO30

 
 

Main Road, Arreton, Newport, PO30 Map

Estimated Price: £321,473
Average Asking Price: £285,602
Price change in last one year: £23,744
Average Price Paid: £267,880
Average Rent Rates: £738

Wright Estate Agency - Newport
24 Carisbrooke Road, Newport, Isle of Wight, PO30

Free House valuation

 

Property Prices Breakdown in Main Road, Arreton, Newport, PO30

Average Price for property in Main Road, Arreton, Newport, PO30 is around £321,473 which varies based on type of property you are interested in and ranges from £454,024 for detached house to around £211,968 for semi-detached. Similarly terraced house is around £166,384 and a flat is worth £88,712. Values have been changing and have risen £3,176 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £9,818 in last 6 months, £23,744 in last 1 year, £42,095 in last 2 years, £40,738 in last 3 years, £36,739 in last 4 years and £36,354 in last 5 years.

Currently average asking price of a property in Main Road, Arreton, Newport, PO30 is around £285,602 based on approximately 4 properties for sale. Same is the case with rental options based on 59 properties up for rent, average asking rent is around £738 per month.

Estimated property value in Main Road, Arreton, Newport, PO30 is £321,473. Average asking price is £285,602 while average price paid is £206,362 which is up by £23,744 and Avg. asking rent £738.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 Main Road, Arreton, Newport, PO30 area. In last 1 year alone average price buyer paid is around £206,362 based on approximately 4 sales in Main Road, Arreton, Newport, PO30 area alone. If you compare it to last 3 years sales of 9 properties where buyers paid around £289,494. 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 £267,880 for 13 and average amount paid for purchase of approx. 18 properties sold in last 7 years comes to about £254,469 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 £169,992, £145,610 for a 2 bedroom house, £252,618 for a 3 bedroom house, £399,396 for a 4 bedroom house and £599,263 for a 5 bedroom house. For a flat similarly the prices varies from £87,557 for a single bedroom to £143,753 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £100,000. To sum up the asking prices for properties in Main Road, Arreton, Newport, PO30 it comes to around average £105,221 for 1 bedroom property, £145,201 for 2 bedroom, £250,610 for 3 bedroom, £399,396 for 4 bedroom and £599,263 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 £652 for 2 bedroom to £814 for 3 bedroom, £901 for 4 bedroom and £793 for 5 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £479. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £597 and £750 for 3 bedroom. You should be generally be expecting around average £479 rent per month for single bedroom property, £618 for 2 bedroom, £811 for 3 bedroom, £901 for 4 bedroom and approximately £793 for a 5 bedroom property in Main Road, Arreton, Newport, PO30 area.

Popular Houses in Main Road, Arreton, Newport, PO30

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 Main Road, Arreton, Newport, PO30