Average Price for property in Tir-Y-Cwm Lane, Risca, Newport, NP11 is around £175,602 e.g. average price for detached house is around 175,602. Values have been changing and have risen £30 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £264 in last 6 months, £8,102 in last 1 year, £13,202 in last 2 years, £13,394 in last 3 years, £16,191 in last 4 years and £10,465 in last 5 years.
Currently average asking price of a property in Tir-Y-Cwm Lane, Risca, Newport, NP11 is around £122,625 based on approximately 0 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 Tir-Y-Cwm Lane, Risca, Newport, NP11 is £175,602. Average asking price is £122,625 while average price paid is £260,000 which is up by £13,394 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 Tir-Y-Cwm Lane, Risca, Newport, NP11 area. In last 3 years alone average price buyer paid is around £260,000 based on approximately 1 sales in Tir-Y-Cwm Lane, Risca, Newport, NP11 area alone. If you compare it to last 5 years sales of 2 properties where buyers paid around £240,000. It has been same for some time now for e.g. if you take an average of amount paid in last 7 years, it comes to around £240,000 for 2 per sale.