Average Price for property in Newport is around £312,066 which varies based on type of property you are interested in and ranges from £365,498 for detached house to around £255,989 for semi-detached. Similarly terraced house is around £221,088 and a flat is worth £232,277. Values have been changing and have risen £1,002 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,388 in last 6 months, £16,169 in last 1 year, £24,638 in last 2 years, £31,130 in last 3 years, £25,082 in last 4 years and £23,421 in last 5 years.
Currently average asking price of a property in Newport is around £214,853 based on approximately 25 properties for sale. Same is the case with rental options based on 2,501 properties up for rent, average asking rent is around £722 per month.
Estimated property value in Newport is £312,066. Average asking price is £214,853 while average price paid is £276,478 which is up by £16,169 and Avg. asking rent £722.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 £276,478 based on approximately 25 sales in Newport area alone. If you compare it to last 3 years sales of 88 properties where buyers paid around £278,433. 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 £274,256 for 131 and average amount paid for purchase of approx. 177 properties sold in last 7 years comes to about £282,164 per sale.