Portwall Road, Chepstow, NP16

Street Guide For Portwall Road, Chepstow, NP16

 

Portwall Road, Chepstow, NP16 Map

Estimated Price: £242,100
Average Asking Price: £365,832
Price change in last one year: £17,489
Average Price Paid: £211,666
Average Rent Rates: £871

 

Property Prices Breakdown in Portwall Road, Chepstow, NP16

Average Price for property in Portwall Road, Chepstow, NP16 is around £242,100 which varies based on type of property you are interested in and ranges from £240,334 for semi-detached to around £250,044 for terraced house. Values have been changing and have risen £1,844 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £5,154 in last 6 months, £17,489 in last 1 year, £21,377 in last 2 years, £22,341 in last 3 years, £26,737 in last 4 years and £18,509 in last 5 years.

Currently average asking price of a property in Portwall Road, Chepstow, NP16 is around £365,832 based on approximately 1 properties for sale. Same is the case with rental options based on 44 properties up for rent, average asking rent is around £871 per month.

Estimated property value in Portwall Road, Chepstow, NP16 is £242,100. Average asking price is £365,832 while average price paid is £210,000 which is up by £17,489 and Avg. asking rent £871.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 Portwall Road, Chepstow, NP16 area. In last 1 year alone average price buyer paid is around £210,000 based on approximately 1 sales in Portwall Road, Chepstow, NP16 area alone. If you compare it to last 3 years sales of 2 properties where buyers paid around £204,000. 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 £211,666 for 3 and average amount paid for purchase of approx. 5 properties sold in last 7 years comes to about £209,000 per sale.

 
 

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 £155,967, £192,905 for a 2 bedroom house, £246,768 for a 3 bedroom house, £447,441 for a 4 bedroom house and £551,744 for a 5 bedroom house. For a flat similarly the prices varies from £137,496 for a single bedroom to £198,170 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £274,950. To sum up the asking prices for properties in Portwall Road, Chepstow, NP16 it comes to around average £140,959 for 1 bedroom property, £194,660 for 2 bedroom, £247,500 for 3 bedroom, £447,441 for 4 bedroom and £551,744 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 £615 for 2 bedroom to £695 for 3 bedroom, £1,378 for 4 bedroom and £1,624 for 5 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £462. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £576. You should be generally be expecting around average £462 rent per month for single bedroom property, £607 for 2 bedroom, £695 for 3 bedroom, £1,378 for 4 bedroom and approximately £1,624 for a 5 bedroom property in Portwall Road, Chepstow, NP16 area.

Popular Houses in Portwall Road, Chepstow, NP16

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.

Areas in and around Portwall Road, Chepstow, NP16