Newbridge

Area Guide For Newbridge

Newbridge is a hamlet on the Penwith peninsula in west Cornwall, United Kingdom. It is situated on the A3071 road approximately three miles (5 km) west of Penzance. Media related to Newbridge, Cornwall at Wikimedia Commons
 
 

Newbridge Map

Estimated Price: £227,046
Average Asking Price: £247,999
Price change in last one year: £20,591
Average Price Paid: £250,369
Average Rent Rates: £2,066

 
 

Property Prices Breakdown in Newbridge

Average Price for property in Newbridge is around £227,046 which varies based on type of property you are interested in and ranges from £359,648 for detached house to around £213,843 for semi-detached. Similarly terraced house is around £148,648 and a flat is worth £131,473. Values have been changing and have risen £3,013 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £7,754 in last 6 months, £20,591 in last 1 year, £26,950 in last 2 years, £29,548 in last 3 years, £29,468 in last 4 years and £25,456 in last 5 years.

Currently average asking price of a property in Newbridge is around £247,999 based on approximately 57 properties for sale. Same is the case with rental options based on 3 properties up for rent, average asking rent is around £2,066 per month.

Estimated property value in Newbridge is £227,046. Average asking price is £247,999 while average price paid is £223,216 which is up by £20,591 and Avg. asking rent £2,066.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 Newbridge area. In last 1 year alone average price buyer paid is around £223,216 based on approximately 57 sales in Newbridge area alone. If you compare it to last 3 years sales of 204 properties where buyers paid around £258,938. 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 £250,369 for 265 and average amount paid for purchase of approx. 326 properties sold in last 7 years comes to about £234,434 per sale.

 
 

Properties For Sale in Newbridge

 
 

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 2 bedroom is around £144,500, £210,499 for a 3 bedroom house and £410,000 for a 4 bedroom house. For a flat the prices of 2 bedroom is £144,995. To sum up the asking prices for properties in Newbridge it comes to around average £144,665 for 2 bedroom property, £210,499 for 3 bedroom and £410,000 for 4 bedroom.

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 is £849 for 3 bedroom. You should be generally be expecting around average £850 rent per month for 3 bedroom property in Newbridge area.

Popular Houses in Newbridge

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.

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