Average Price for property in Newport is around £259,431 which varies based on type of property you are interested in and ranges from £336,235 for detached house to around £193,301 for semi-detached. Similarly terraced house is around £188,962 and a flat is worth £136,615. Values have been changing and have risen £4,019 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £9,794 in last 6 months, £25,878 in last 1 year, £27,067 in last 2 years, £25,247 in last 3 years, £32,602 in last 4 years and £25,455 in last 5 years.
Currently average asking price of a property in Newport is around £218,303 based on approximately 209 properties for sale. Same is the case with rental options based on 594 properties up for rent, average asking rent is around £1,101 per month.
Estimated property value in Newport is £259,431. Average asking price is £218,303 while average price paid is £211,869 which is up by £25,878 and Avg. asking rent £1,101.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 Newport area. In last 1 year alone average price buyer paid is around £211,869 based on approximately 209 sales in Newport area alone. If you compare it to last 3 years sales of 655 properties where buyers paid around £206,621. 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 £207,402 for 1,067 and average amount paid for purchase of approx. 1,374 properties sold in last 7 years comes to about £208,060 per sale.