Average Price for property in Bayfield, West Allotment, Newcastle upon Tyne, NE27 is around £193,913 which varies based on type of property you are interested in and ranges from £241,604 for detached house to around £184,318 for semi-detached. Similarly terraced house is around £153,813 and a flat is worth £166,697. Values have been changing and have risen £817 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,687 in last 6 months, £10,056 in last 1 year, £15,222 in last 2 years, £20,399 in last 3 years, £9,672 in last 4 years and £10,588 in last 5 years.
Currently average asking price of a property in Bayfield, West Allotment, Newcastle upon Tyne, NE27 is around £163,490 based on approximately 8 properties for sale. Same is the case with rental options based on 23 properties up for rent, average asking rent is around £846 per month.
Estimated property value in Bayfield, West Allotment, Newcastle upon Tyne, NE27 is £193,913. Average asking price is £163,490 while average price paid is £167,118 which is up by £10,056 and Avg. asking rent £846.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 Bayfield, West Allotment, Newcastle upon Tyne, NE27 area. In last 1 year alone average price buyer paid is around £167,118 based on approximately 8 sales in Bayfield, West Allotment, Newcastle upon Tyne, NE27 area alone. If you compare it to last 3 years sales of 29 properties where buyers paid around £144,799. 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 £165,699 for 89 and average amount paid for purchase of approx. 106 properties sold in last 7 years comes to about £169,002 per sale.