House prices in Newport have gone up by an average of over £600 in the month of April, according to figures from the Land Registry.
The latest data from the government department reveals that in April 2022 average house prices in Newport reached £226,868.
This was up from £226,175 in March, representing a 0.3 per cent increase. In the last 12 months it has risen by 12.6 per cent.
If you are interested in buying or renting a home, you can see the latest properties in and around Newport here.
How much have house prices increased in Newport?
Breaking it down for specific types of housing, some prices saw a fall despite the general increase.
- Detached houses - Up to £400,033 from £397,874 in March
- Semi-detached houses - Up to £238,183 from £237,532 in March
- Terraced houses - Up to £172,510 from £172,029 in March
- Flats - Down to £119,403 from £119,793 in March
How do Newport house prices compare to the UK average?
Despite the rise in prices this month, Newport is still below the UK average with typical property value in the nations reaching £281,161 in April.
In cash terms, the average house price in April was £30,950 higher than a year earlier with house price growth accelerating to 12.4 per cent in April 2022. Prices were up by 1.1 per cent month on month.
How much could your house be worth?
We have created this map for the Wales so you can see the average house price in each neighbourhood since 1995.
Sites like Zoopla can offer an estimate valuation of your house if you input your postcode into their website here.
The above map can demonstrate which areas of Newport are the most expensive for average house prices.
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