Values have been changing and have risen £273 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £711 in last 6 months, £5,974 in last 1 year, £7,731 in last 2 years, £9,293 in last 3 years, £8,063 in last 4 years and £6,382 in last 5 years.
Currently average asking price of a property in Richmond Road, Pontnewydd, Cwmbran, NP44 is around £207,994 based on approximately 2 properties for sale. Same is the case with rental options based on 32 properties up for rent, average asking rent is around £743 per month.
Estimated property value in Richmond Road, Pontnewydd, Cwmbran, NP44 is £102,852. Average asking price is £207,994 while average price paid is £115,750 which is up by £5,974 and Avg. asking rent £743.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 Richmond Road, Pontnewydd, Cwmbran, NP44 area. In last 1 year alone average price buyer paid is around £115,750 based on approximately 2 sales in Richmond Road, Pontnewydd, Cwmbran, NP44 area alone. If you compare it to last 3 years sales of 6 properties where buyers paid around £93,166. 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 £93,428 for 7 and average amount paid for purchase of approx. 8 properties sold in last 7 years comes to about £97,375 per sale.