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.