Average Price for property in Barrack Road, Newcastle upon Tyne, NE4 is around £122,214 which varies based on type of property you are interested in and ranges from £227,708 for terraced house to around £118,698 for a flat. Values have been changing and have risen £179 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £82 in last 6 months, £7,299 in last 1 year, £11,153 in last 2 years, £15,438 in last 3 years, £8,922 in last 4 years and £9,242 in last 5 years.
Currently average asking price of a property in Barrack Road, Newcastle upon Tyne, NE4 is around £125,288 based on approximately 4 properties for sale. Same is the case with rental options based on 509 properties up for rent, average asking rent is around £716 per month.
Estimated property value in Barrack Road, Newcastle upon Tyne, NE4 is £122,214. Average asking price is £125,288 while average price paid is £110,000 which is up by £7,299 and Avg. asking rent £716.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 Barrack Road, Newcastle upon Tyne, NE4 area. In last 1 year alone average price buyer paid is around £110,000 based on approximately 4 sales in Barrack Road, Newcastle upon Tyne, NE4 area alone. If you compare it to last 3 years sales of 10 properties where buyers paid around £113,595. 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 £109,090 for 16 and average amount paid for purchase of approx. 26 properties sold in last 7 years comes to about £107,959 per sale.