Wellesley Way, Newport, PO30

Street Guide For Wellesley Way, Newport, PO30

 
 

Wellesley Way, Newport, PO30 Map

Estimated Price: £204,341
Average Asking Price: £286,323
Price change in last one year: £15,332
Average Price Paid: £172,324
Average Rent Rates: £736

Wright Estate Agency - Newport
24 Carisbrooke Road, Newport, Isle of Wight, PO30

Free House valuation

 

Property Prices Breakdown in Wellesley Way, Newport, PO30

Average Price for property in Wellesley Way, Newport, PO30 is around £204,341 which varies based on type of property you are interested in and ranges from £204,424 for semi-detached to around £204,259 for terraced house. Values have been changing and have risen £2,051 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £6,340 in last 6 months, £15,332 in last 1 year, £27,184 in last 2 years, £26,311 in last 3 years, £23,729 in last 4 years and £23,482 in last 5 years.

Currently average asking price of a property in Wellesley Way, Newport, PO30 is around £286,323 based on approximately 2 properties for sale. Same is the case with rental options based on 59 properties up for rent, average asking rent is around £736 per month.

Estimated property value in Wellesley Way, Newport, PO30 is £204,341. Average asking price is £286,323 while average price paid is £196,125 which is up by £15,332 and Avg. asking rent £736.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 Wellesley Way, Newport, PO30 area. In last 1 year alone average price buyer paid is around £196,125 based on approximately 2 sales in Wellesley Way, Newport, PO30 area alone. If you compare it to last 3 years sales of 9 properties where buyers paid around £172,361. 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 £172,324 for 10 and average amount paid for purchase of approx. 10 properties sold in last 7 years comes to about £172,324 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 £169,992, £146,488 for a 2 bedroom house, £252,618 for a 3 bedroom house, £399,001 for a 4 bedroom house and £599,263 for a 5 bedroom house. For a flat similarly the prices varies from £87,557 for a single bedroom to £143,753 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £100,000. To sum up the asking prices for properties in Wellesley Way, Newport, PO30 it comes to around average £105,221 for 1 bedroom property, £145,875 for 2 bedroom, £250,610 for 3 bedroom, £399,001 for 4 bedroom and £599,263 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 £652 for 2 bedroom to £814 for 3 bedroom, £901 for 4 bedroom and £793 for 5 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £479. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £597 and £750 for 3 bedroom. You should be generally be expecting around average £479 rent per month for single bedroom property, £618 for 2 bedroom, £811 for 3 bedroom, £901 for 4 bedroom and approximately £793 for a 5 bedroom property in Wellesley Way, Newport, PO30 area.

Popular Houses in Wellesley Way, Newport, PO30

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 Wellesley Way, Newport, PO30