Average Price for property in Mercian Way, Sedbury, Chepstow, NP16 is around £170,469 which varies based on type of property you are interested in and ranges from £179,879 for semi-detached to around £163,626 for terraced house. Values have been changing and have risen £1,233 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £3,446 in last 6 months, £11,692 in last 1 year, £14,293 in last 2 years, £14,941 in last 3 years, £17,882 in last 4 years and £12,384 in last 5 years.
Currently average asking price of a property in Mercian Way, Sedbury, Chepstow, NP16 is around £362,962 based on approximately 2 properties for sale. Same is the case with rental options based on 47 properties up for rent, average asking rent is around £852 per month.
Estimated property value in Mercian Way, Sedbury, Chepstow, NP16 is £170,469. Average asking price is £362,962 while average price paid is £132,500 which is up by £11,692 and Avg. asking rent £852.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 Mercian Way, Sedbury, Chepstow, NP16 area. In last 1 year alone average price buyer paid is around £132,500 based on approximately 2 sales in Mercian Way, Sedbury, Chepstow, NP16 area alone. If you compare it to last 3 years sales of 3 properties where buyers paid around £129,000. 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 £138,750 for 4 and average amount paid for purchase of approx. 6 properties sold in last 7 years comes to about £141,916 per sale.