Average Price for property in Somerset Way, Bulwark, Chepstow, NP16 is around £142,570 which varies based on type of property you are interested in and ranges from £151,094 for semi-detached to around £139,429 for terraced house. Values have been changing and have risen £1,086 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £3,036 in last 6 months, £10,300 in last 1 year, £12,591 in last 2 years, £13,162 in last 3 years, £15,753 in last 4 years and £10,910 in last 5 years.
Currently average asking price of a property in Somerset Way, Bulwark, Chepstow, NP16 is around £365,832 based on approximately 3 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 Somerset Way, Bulwark, Chepstow, NP16 is £142,570. Average asking price is £365,832 while average price paid is £127,333 which is up by £10,300 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 Somerset Way, Bulwark, Chepstow, NP16 area. In last 1 year alone average price buyer paid is around £127,333 based on approximately 3 sales in Somerset Way, Bulwark, Chepstow, NP16 area alone. If you compare it to last 3 years sales of 6 properties where buyers paid around £134,333. 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 £118,352 for 14 and average amount paid for purchase of approx. 16 properties sold in last 7 years comes to about £118,746 per sale.