Values have been changing and have risen £600 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,953 in last 6 months, £13,723 in last 1 year, £23,991 in last 2 years, £27,802 in last 3 years, £27,165 in last 4 years and £26,442 in last 5 years.
Currently average asking price of a property in Newport Mews, Worthing, BN11 is around £285,314 based on approximately 1 properties for sale. Same is the case with rental options based on 175 properties up for rent, average asking rent is around £1,152 per month.
Estimated property value in Newport Mews, Worthing, BN11 is £181,316. Average asking price is £285,314 while average price paid is £175,000 which is up by £13,723 and Avg. asking rent £1,152.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 Mews, Worthing, BN11 area. In last 1 year alone average price buyer paid is around £175,000 based on approximately 1 sales in Newport Mews, Worthing, BN11 area alone. If you compare it to last 3 years sales of 7 properties where buyers paid around £147,564. 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 £148,620 for 12 and average amount paid for purchase of approx. 14 properties sold in last 7 years comes to about £144,532 per sale.