Westminster Lane, Newport, PO30

Street Guide For Westminster Lane, Newport, PO30

 
 

Westminster Lane, Newport, PO30 Map

Estimated Price: £168,014
Average Asking Price: £286,323
Price change in last one year: £12,405
Average Price Paid: £169,300
Average Rent Rates: £736

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

Free House valuation

 

Property Prices Breakdown in Westminster Lane, Newport, PO30

Average Price for property in Westminster Lane, Newport, PO30 is around £168,014 which varies based on type of property you are interested in and ranges from £220,929 for detached house to around £171,844 for semi-detached. Similarly terraced house is around £161,280 and a flat is worth £125,485. Values have been changing and have risen £1,659 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £5,129 in last 6 months, £12,405 in last 1 year, £21,992 in last 2 years, £21,287 in last 3 years, £19,203 in last 4 years and £19,006 in last 5 years.

Currently average asking price of a property in Westminster Lane, Newport, PO30 is around £286,323 based on approximately 3 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 Westminster Lane, Newport, PO30 is £168,014. Average asking price is £286,323 while average price paid is £163,833 which is up by £12,405 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 Westminster Lane, Newport, PO30 area. In last 1 year alone average price buyer paid is around £163,833 based on approximately 3 sales in Westminster Lane, Newport, PO30 area alone. If you compare it to last 3 years sales of 5 properties where buyers paid around £169,300. 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 £169,300 for 5 and average amount paid for purchase of approx. 7 properties sold in last 7 years comes to about £160,928 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 Westminster Lane, 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 Westminster Lane, Newport, PO30 area.

Popular Houses in Westminster Lane, 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 Westminster Lane, Newport, PO30