In recent years there have been many improvements to Newport city centre bringing additional trade and opportunities. According to research by the property portal Rightmove, Newport is fast becoming one the most thriving market’s within the UK.

We anticipated the Newport market would flourish upon the removal of Severn Bridge toll fees with buyers from Bristol and the surrounding areas taking advantage of the more affordable housing market. Research has found house prices have increased by 7%, with the average selling time falling from 76 to 52 days, a 32% drop.

Newport is a city on the rise!  With continued investment in infrastructure it will go from strength to strength, greatly benefitting residents and a huge opportunity for anyone looking to move the city.

Despite political uncertainty house prices in Newport and Cardiff have shown a price growth well above the England and Wales average, whilst remaining affordable. Cardiff is projected to see population growth of 25% by 2034, a rate that exceeds all other major UK cities, including London. These projections are attracting major investment whilst the city’s influence and connections grow. There are currently 1.6 million people living within a 45 minute commute of Cardiff.

Research reveals that in 2019 the average time taken to sell a house in the UK was 256 days. Torfaen came out as the second fastest area in the UK, with an average of 193 days. Torfaen is still an area with a range of properties priced well under £100k, ideal for first-time buyers priced out of the cities. Commutable to Newport, Cardiff and even Bristol, the Torfaen area represents a perfect economic solution for city workers looking for a new home.