Average Price for property in Mill-Race, Abercarn, Newport, NP11 is around £144,773 which varies based on type of property you are interested in and ranges from £152,820 for semi-detached to around £142,408 for terraced house. Values have been changing and have risen £24 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £218 in last 6 months, £6,680 in last 1 year, £10,887 in last 2 years, £11,045 in last 3 years, £13,352 in last 4 years and £8,633 in last 5 years.
Currently average asking price of a property in Mill-Race, Abercarn, Newport, NP11 is around £122,625 based on approximately 7 properties for sale. Same is the case with rental options based on 56 properties up for rent, average asking rent is around £558 per month.
Estimated property value in Mill-Race, Abercarn, Newport, NP11 is £144,773. Average asking price is £122,625 while average price paid is £132,560 which is up by £6,680 and Avg. asking rent £558.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 Mill-Race, Abercarn, Newport, NP11 area. In last 1 year alone average price buyer paid is around £132,560 based on approximately 7 sales in Mill-Race, Abercarn, Newport, NP11 area alone. If you compare it to last 3 years sales of 50 properties where buyers paid around £136,501. 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 £137,705 for 69 and average amount paid for purchase of approx. 69 properties sold in last 7 years comes to about £137,705 per sale.