Average Price for property in Newnham is around £281,213 which varies based on type of property you are interested in and ranges from £275,284 for detached house to around £165,206 for semi-detached. Similarly terraced house is around £143,419 and a flat is worth £115,324. Values have been changing and have risen £288 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £298 in last 6 months, £7,096 in last 1 year, £18,567 in last 2 years, £16,997 in last 3 years, £9,179 in last 4 years and £15,917 in last 5 years.
Currently average asking price of a property in Newnham is around £314,880 based on approximately 25 properties for sale. Same is the case with rental options based on 5 properties up for rent, average asking rent is around £544 per month.
Estimated property value in Newnham is £281,213. Average asking price is £314,880 while average price paid is £282,627 which is up by £7,096 and Avg. asking rent £544.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 Newnham area. In last 1 year alone average price buyer paid is around £282,627 based on approximately 25 sales in Newnham area alone. If you compare it to last 3 years sales of 81 properties where buyers paid around £225,092. 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 £223,036 for 127 and average amount paid for purchase of approx. 156 properties sold in last 7 years comes to about £221,988 per sale.