Nelson Drive, Newport, NP19

Street Guide For Nelson Drive, Newport, NP19

 

Nelson Drive, Newport, NP19 Map

Estimated Price: £92,520
Average Asking Price: £150,289
Price change in last one year: £5,094
Average Price Paid: £82,410
Average Rent Rates: £627

 

Property Prices Breakdown in Nelson Drive, Newport, NP19

Values have been changing and have risen £36 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £589 in last 6 months, £5,094 in last 1 year, £6,319 in last 2 years, £9,113 in last 3 years, £9,068 in last 4 years and £6,801 in last 5 years.

Currently average asking price of a property in Nelson Drive, Newport, NP19 is around £150,289 based on approximately 1 properties for sale. Same is the case with rental options based on 145 properties up for rent, average asking rent is around £627 per month.

Estimated property value in Nelson Drive, Newport, NP19 is £92,520. Average asking price is £150,289 while average price paid is £77,000 which is up by £5,094 and Avg. asking rent £627.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 Nelson Drive, Newport, NP19 area. In last 1 year alone average price buyer paid is around £77,000 based on approximately 1 sales in Nelson Drive, Newport, NP19 area alone. If you compare it to last 3 years sales of 2 properties where buyers paid around £83,500. 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 £82,410 for 5 and average amount paid for purchase of approx. 7 properties sold in last 7 years comes to about £87,864 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 £99,995, £104,168 for a 2 bedroom house, £145,406 for a 3 bedroom house, £206,641 for a 4 bedroom house and £256,870 for a 5 bedroom house. For a flat similarly the prices varies from £74,515 for a single bedroom to £81,030 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £83,995. To sum up the asking prices for properties in Nelson Drive, Newport, NP19 it comes to around average £76,014 for 1 bedroom property, £97,557 for 2 bedroom, £144,843 for 3 bedroom, £206,641 for 4 bedroom and £256,870 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 £460 for 1 bedroom to £486 for 2 bedrooms, £597 for 3 bedrooms, £814 for 4 bedrooms and £938 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £420. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £509 and £451 for 3 bedroom. You should be generally be expecting around average £436 rent per month for single bedroom property, £498 for 2 bedroom, £590 for 3 bedroom, £814 for 4 bedroom and approximately £938 for a 5 bedroom property in Nelson Drive, Newport, NP19 area.

Popular Houses in Nelson Drive, Newport, NP19

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 Nelson Drive, Newport, NP19