Average Price for property in Park Drive, Newport, NP20 is around £146,996 which varies based on type of property you are interested in and ranges from £156,078 for semi-detached to around £138,481 for terraced house. Values have been changing and have risen £322 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,569 in last 6 months, £7,700 in last 1 year, £11,544 in last 2 years, £14,437 in last 3 years, £12,750 in last 4 years and £9,075 in last 5 years.
Currently average asking price of a property in Park Drive, Newport, NP20 is around £174,188 based on approximately 4 properties for sale. Same is the case with rental options based on 194 properties up for rent, average asking rent is around £654 per month.
Estimated property value in Park Drive, Newport, NP20 is £146,996. Average asking price is £174,188 while average price paid is £131,875 which is up by £7,700 and Avg. asking rent £654.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 Park Drive, Newport, NP20 area. In last 1 year alone average price buyer paid is around £131,875 based on approximately 4 sales in Park Drive, Newport, NP20 area alone. If you compare it to last 3 years sales of 6 properties where buyers paid around £133,166. 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 £127,545 for 11 and average amount paid for purchase of approx. 14 properties sold in last 7 years comes to about £125,714 per sale.