Average Price for property in Newtown is around £163,461 which varies based on type of property you are interested in and ranges from £224,515 for detached house to around £136,460 for semi-detached. Similarly terraced house is around £108,044 and a flat is worth £87,536. Values have been changing and have risen £77 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £479 in last 6 months, £2,011 in last 1 year, £8,382 in last 2 years, £14,486 in last 3 years, £14,856 in last 4 years and £8,066 in last 5 years.
Currently average asking price of a property in Newtown is around £233,340 based on approximately 167 properties for sale. Same is the case with rental options based on 4 properties up for rent, average asking rent is around £1,995 per month.
Estimated property value in Newtown is £163,461. Average asking price is £233,340 while average price paid is £146,185 which is up by £2,011 and Avg. asking rent £1,995.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 Newtown area. In last 1 year alone average price buyer paid is around £146,185 based on approximately 167 sales in Newtown area alone. If you compare it to last 3 years sales of 440 properties where buyers paid around £140,870. 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 £141,239 for 713 and average amount paid for purchase of approx. 990 properties sold in last 7 years comes to about £139,303 per sale.