Average Price for property in Algernon Terrace, Wylam, NE41 is around £293,101 which varies based on type of property you are interested in and ranges from £315,896 for detached house to around £291,962 for terraced house. Values have been changing and have risen £442 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,998 in last 6 months, £17,776 in last 1 year, £22,836 in last 2 years, £32,538 in last 3 years, £19,344 in last 4 years and £16,474 in last 5 years.
Currently average asking price of a property in Algernon Terrace, Wylam, NE41 is around £340,960 based on approximately 1 properties for sale. Same is the case with rental options based on 10 properties up for rent, average asking rent is around £481 per month.
Estimated property value in Algernon Terrace, Wylam, NE41 is £293,101. Average asking price is £340,960 while average price paid is £238,750 which is up by £17,776 and Avg. asking rent £481.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 Algernon Terrace, Wylam, NE41 area. In last 1 year alone average price buyer paid is around £238,750 based on approximately 1 sales in Algernon Terrace, Wylam, NE41 area alone. If you compare it to last 3 years sales of 5 properties where buyers paid around £220,250. 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 £228,035 for 7 and average amount paid for purchase of approx. 13 properties sold in last 7 years comes to about £235,942 per sale.