Values have been changing and have risen £1,368 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,958 in last 6 months, £9,898 in last 1 year, £13,429 in last 2 years, £16,071 in last 3 years, £17,174 in last 4 years and £15,577 in last 5 years.
Currently average asking price of a property in The Smithfields, 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 The Smithfields, Newport, TF10 is £168,380. Average asking price is £252,593 while average price paid is £160,500 which is up by £9,898 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 The Smithfields, Newport, TF10 area. In last 1 year alone average price buyer paid is around £160,500 based on approximately 1 sales in The Smithfields, Newport, TF10 area alone. If you compare it to last 3 years sales of 2 properties where buyers paid around £159,250. 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 £116,400 for 5 and average amount paid for purchase of approx. 5 properties sold in last 7 years comes to about £116,400 per sale.