Shay Lane, Forton, Newport, TF10

Street Guide For Shay Lane, Forton, Newport, TF10

 

Shay Lane, Forton, Newport, TF10 Map

Estimated Price: £315,733
Average Asking Price: £252,593
Price change in last one year: £19,901
Average Price Paid: £332,500
Average Rent Rates: £1,192

 

Property Prices Breakdown in Shay Lane, Forton, Newport, TF10

Average Price for property in Shay Lane, Forton, Newport, TF10 is around £315,733 which varies based on type of property you are interested in and ranges from £369,759 for detached house to around £276,334 for semi-detached. Similarly terraced house is around £200,370. Values have been changing and have risen £2,749 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £5,945 in last 6 months, £19,901 in last 1 year, £26,998 in last 2 years, £32,305 in last 3 years, £34,517 in last 4 years and £31,297 in last 5 years.

Currently average asking price of a property in Shay Lane, Forton, Newport, TF10 is around £252,593 based on approximately 1 properties for sale. Same is the case with rental options based on 65 properties up for rent, average asking rent is around £1,192 per month.

Estimated property value in Shay Lane, Forton, Newport, TF10 is £315,733. Average asking price is £252,593 while average price paid is £425,000 which is up by £19,901 and Avg. asking rent £1,192.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 Shay Lane, Forton, Newport, TF10 area. In last 1 year alone average price buyer paid is around £425,000 based on approximately 1 sales in Shay Lane, Forton, Newport, TF10 area alone. If you compare it to last 3 years sales of 2 properties where buyers paid around £332,500. 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 £332,500 for 2 and average amount paid for purchase of approx. 3 properties sold in last 7 years comes to about £346,666 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 £149,111, £177,508 for a 2 bedroom house, £195,671 for a 3 bedroom house, £326,442 for a 4 bedroom house and £391,990 for a 5 bedroom house. For a flat similarly the prices varies from £88,107 for a single bedroom to £105,817 for a 2 bedroom Flat. To sum up the asking prices for properties in Shay Lane, Forton, Newport, TF10 it comes to around average £110,290 for 1 bedroom property, £149,628 for 2 bedroom, £195,671 for 3 bedroom, £326,442 for 4 bedroom and £391,990 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 £501 for 1 bedroom to £528 for 2 bedrooms, £752 for 3 bedrooms, £1,096 for 4 bedrooms and £1,733 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £409. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £534 and £693 for 3 bedroom. You should be generally be expecting around average £442 rent per month for single bedroom property, £531 for 2 bedroom, £747 for 3 bedroom, £1,096 for 4 bedroom and approximately £1,733 for a 5 bedroom property in Shay Lane, Forton, Newport, TF10 area.

Popular Houses in Shay Lane, Forton, Newport, TF10

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 Shay Lane, Forton, Newport, TF10