The Paddock, Chepstow, NP16

Street Guide For The Paddock, Chepstow, NP16

 

The Paddock, Chepstow, NP16 Map

Estimated Price: £286,346
Average Asking Price: £365,832
Price change in last one year: £20,682
Average Price Paid: £261,500
Average Rent Rates: £871

 

Property Prices Breakdown in The Paddock, Chepstow, NP16

Average Price for property in The Paddock, Chepstow, NP16 is around £286,346 which varies based on type of property you are interested in and ranges from £286,312 for detached house to around £286,487 for semi-detached. Values have been changing and have risen £2,180 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £6,095 in last 6 months, £20,682 in last 1 year, £25,278 in last 2 years, £26,418 in last 3 years, £31,617 in last 4 years and £21,884 in last 5 years.

Currently average asking price of a property in The Paddock, 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 The Paddock, Chepstow, NP16 is £286,346. Average asking price is £365,832 while average price paid is £250,000 which is up by £20,682 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 The Paddock, Chepstow, NP16 area. In last 1 year alone average price buyer paid is around £250,000 based on approximately 1 sales in The Paddock, Chepstow, NP16 area alone. If you compare it to last 3 years sales of 4 properties where buyers paid around £256,875. 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 £261,500 for 5 and average amount paid for purchase of approx. 6 properties sold in last 7 years comes to about £252,500 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 The Paddock, 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 The Paddock, Chepstow, NP16 area.

Popular Houses in The Paddock, 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 The Paddock, Chepstow, NP16