Average Price for property in Ormerod Road, Sedbury, Chepstow, NP16 is around £166,153 which varies based on type of property you are interested in and ranges from £175,659 for semi-detached to around £144,765 for terraced house. Values have been changing and have risen £1,261 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £3,524 in last 6 months, £11,957 in last 1 year, £14,617 in last 2 years, £15,279 in last 3 years, £18,287 in last 4 years and £12,663 in last 5 years.
Currently average asking price of a property in Ormerod Road, Sedbury, Chepstow, NP16 is around £362,962 based on approximately 1 properties for sale. Same is the case with rental options based on 47 properties up for rent, average asking rent is around £852 per month.
Estimated property value in Ormerod Road, Sedbury, Chepstow, NP16 is £166,153. Average asking price is £362,962 while average price paid is £190,000 which is up by £11,957 and Avg. asking rent £852.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 Ormerod Road, Sedbury, Chepstow, NP16 area. In last 1 year alone average price buyer paid is around £190,000 based on approximately 1 sales in Ormerod Road, Sedbury, Chepstow, NP16 area alone. If you compare it to last 3 years sales of 4 properties where buyers paid around £155,000. 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 £153,200 for 5 and average amount paid for purchase of approx. 8 properties sold in last 7 years comes to about £135,125 per sale.