Newport-on-Tay

Area Guide For Newport-on-Tay

Newport-on-Tay is a residential community in the north-east of Fife in Scotland, going about as a suburbanite suburb for Dundee. The Fife Seaside Way passes through Newport-on-Tay. The zone itself is encompassed by perspectives of the two extensions that cross the Stream Tay and inaccessible perspectives of the Scottish Good countries. In 1715 another wharf and motel were assembled, the work being supported by the Organizations of Dundee which brought about the settlement being called "New Dundee". Thomas Telford manufactured another harbor in the 1820s, and the town extended and developed into a suburbanite suburb of Dundee as the prosperous jute makers, industrialists and the center and upper working people of Dundee built stylish habitations in Newport.

 
 

Newport-on-Tay Map

Estimated Price: £224,723
Average Asking Price: £267,192
Price change in last one year: £19,466
Average Price Paid: £196,467
Average Rent Rates: £723

 
 

Property Prices Breakdown in Newport-on-Tay

Average Price for property in Newport-on-Tay is around £224,723 which varies based on type of property you are interested in and ranges from £286,267 for detached house to around £203,423 for semi-detached. Similarly terraced house is around £164,745 and a flat is worth £129,416. Values have been changing and have risen £641 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £246 in last 6 months, £19,466 in last 1 year, £27,797 in last 2 years, £18,583 in last 3 years, £27,279 in last 4 years and £11,781 in last 5 years.

Currently average asking price of a property in Newport-on-Tay is around £267,192 based on approximately 75 properties for sale. Same is the case with rental options based on 4 properties up for rent, average asking rent is around £723 per month.

Estimated property value in Newport-on-Tay is £224,723. Average asking price is £267,192 while average price paid is £205,277 which is up by £19,466 and Avg. asking rent £723.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-on-Tay area. In last 1 year alone average price buyer paid is around £205,277 based on approximately 75 sales in Newport-on-Tay area alone. If you compare it to last 3 years sales of 192 properties where buyers paid around £201,524. 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 £196,467 for 300 and average amount paid for purchase of approx. 449 properties sold in last 7 years comes to about £192,024 per sale.

 
 

Properties For Sale in Newport-on-Tay

 
 

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 1 bedroom is around £150,000, £226,333 for a 3 bedroom house, £341,667 for a 4 bedroom house and £412,250 for a 5 bedroom house. For a flat the prices of single bedroom is £70,000. To sum up the asking prices for properties in Newport-on-Tay it comes to around average £96,667 for 1 bedroom property, £226,333 for 3 bedroom, £341,667 for 4 bedroom and £412,250 for 5 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 can vary from £594 for 2 bedroom to £997 for 4 bedroom. But if you are interested in renting a 2 bedroom flat then rent per month can be around £524. As the no. of bedroom increase so will the rent e.g. for a 3 bedroom flat it will be around £776. You should be generally be expecting around average £559 rent per month for 2 bedroom property, £776 for 3 bedroom and approximately £997 for 4 bedroom property in Newport-on-Tay area.

Popular Houses in Newport-on-Tay

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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