Newtownabbey

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Area Guide For Newtownabbey

Newtownabbey is a Borough north of Belfast in County Antrim, Northern Ireland. Infrequently thought to be a suburb of Belfast, it is differentiated from the city by the M2 motorway. At the 2001 Census, Newtownabbey Urban Area had a populace of 62,056, making it the fourth biggest settlement in Northern Ireland. The range structures piece of Newtownabbey Borough Council.

Generally a neighborhood, the district is likewise home to numerous designing and PC businesses. Retail and relaxation offices incorporate the Abbey Center, the Valley Leisure Center, the Ballyearl Arts & Leisure Centre,The Theater at the Mill, Glengormley Moviehouse, Glengormley Sportsbowl and three vast open parks.

 
 

Newtownabbey Map

Estimated Price: £127,934
Average Asking Price: £178,995
Price change in last one year: £2,981
Average Price Paid: £160,000
Average Rent Rates: £494

 
 

Property Prices Breakdown in Newtownabbey

Average Price for property in Newtownabbey is around £127,934 which varies based on type of property you are interested in and ranges from £187,763 for detached house to around £114,054 for semi-detached. Similarly terraced house is around £87,136 and a flat is worth £88,476. Values have been changing and have risen £952 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £519 in last 6 months, £2,981 in last 1 year, £2,331 in last 2 years, £5,456 in last 3 years, £11,110 in last 4 years and £16,510 in last 5 years.

Currently average asking price of a property in Newtownabbey is around £178,995 based on approximately 0 properties for sale. Same is the case with rental options based on 4 properties up for rent, average asking rent is around £494 per month.

Estimated property value in Newtownabbey is £127,934. Average asking price is £178,995 while average price paid is £160,000 which is up by £16,510 and Avg. asking rent £494.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 Newtownabbey area. In last 5 years alone average price buyer paid is around £160,000 based on approximately 1 sales in Newtownabbey area alone.

 
 

Properties For Sale in Newtownabbey

 
 

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 £70,000, £119,950 for a 2 bedroom house, £116,367 for a 3 bedroom house, £188,578 for a 4 bedroom house and £206,633 for a 5 bedroom house. For a flat similarly the prices varies from £83,970 for a 2 bedroom to £92,475 for a 3 bedroom Flat. To sum up the asking prices for properties in Newtownabbey it comes to around average £70,000 for 1 bedroom property, £89,967 for 2 bedroom, £114,289 for 3 bedroom, £188,578 for 4 bedroom and £206,633 for a 5 bedroom property.

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 £496 for 3 bedroom to £654 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £351. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £459 and £451 for 3 bedroom. You should be generally be expecting around average £351 rent per month for single bedroom property, £459 for 2 bedroom, £491 for 3 bedroom and approximately £654 for 4 bedroom property in Newtownabbey area.

Popular Houses in Newtownabbey

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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