Average Price for property in Melindwr, Draethen, Newport, NP10 is around £487,882 which varies based on type of property you are interested in and ranges from £605,936 for detached house to around £322,605 for semi-detached. Values have been changing and have risen £260 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,944 in last 6 months, £27,607 in last 1 year, £32,071 in last 2 years, £45,301 in last 3 years, £45,398 in last 4 years and £37,346 in last 5 years.
Currently average asking price of a property in Melindwr, Draethen, Newport, NP10 is around £226,726 based on approximately 1 properties for sale. Same is the case with rental options based on 37 properties up for rent, average asking rent is around £596 per month.
Estimated property value in Melindwr, Draethen, Newport, NP10 is £487,882. Average asking price is £226,726 while average price paid is £275,000 which is up by £27,607 and Avg. asking rent £596.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 Melindwr, Draethen, Newport, NP10 area. In last 1 year alone average price buyer paid is around £275,000 based on approximately 1 sales in Melindwr, Draethen, Newport, NP10 area alone. If you compare it to last 3 years sales of 3 properties where buyers paid around £296,666. 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 £296,666 for 3 and average amount paid for purchase of approx. 3 properties sold in last 7 years comes to about £296,666 per sale.