Benwell Grange Avenue, Benwell, Newcastle upon Tyne, NE15

Street Guide For Benwell Grange Avenue, Benwell, Newcastle upon Tyne, NE15

 
 

Benwell Grange Avenue, Benwell, Newcastle upon Tyne, NE15 Map

Estimated Price: £89,365
Average Asking Price: £209,174
Price change in last one year: £6,082
Average Price Paid: £92,100
Average Rent Rates: £740

Hybrid Estate Agents (Newcastle)
Newcastle, NE15, NE5, NE20, NE9

Free House valuation

 

Property Prices Breakdown in Benwell Grange Avenue, Benwell, Newcastle upon Tyne, NE15

Average Price for property in Benwell Grange Avenue, Benwell, Newcastle upon Tyne, NE15 is around £89,365 which varies based on type of property you are interested in and ranges from £89,451 for semi-detached to around £88,718 for terraced house. Values have been changing and have risen £320 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,024 in last 6 months, £6,082 in last 1 year, £6,563 in last 2 years, £9,759 in last 3 years, £5,329 in last 4 years and £3,600 in last 5 years.

Currently average asking price of a property in Benwell Grange Avenue, Benwell, Newcastle upon Tyne, NE15 is around £209,174 based on approximately 3 properties for sale. Same is the case with rental options based on 92 properties up for rent, average asking rent is around £740 per month.

Estimated property value in Benwell Grange Avenue, Benwell, Newcastle upon Tyne, NE15 is £89,365. Average asking price is £209,174 while average price paid is £95,166 which is up by £6,082 and Avg. asking rent £740.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 Benwell Grange Avenue, Benwell, Newcastle upon Tyne, NE15 area. In last 1 year alone average price buyer paid is around £95,166 based on approximately 3 sales in Benwell Grange Avenue, Benwell, Newcastle upon Tyne, NE15 area alone. If you compare it to last 3 years sales of 5 properties where buyers paid around £92,100. 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 £92,100 for 5 and average amount paid for purchase of approx. 7 properties sold in last 7 years comes to about £94,352 per sale.

 
 
 
 

Breakdown of asking prices for homes of different sizes show that price varies clearly based on no of bedrooms and type of house. Asking price for a house with 1 bedroom is around £59,450, £112,939 for a 2 bedroom house, £167,620 for a 3 bedroom house, £273,849 for a 4 bedroom house and £472,067 for a 5 bedroom house. For a flat similarly the prices varies from £60,010 for a single bedroom to £79,921 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £69,639, £117,500 for a 4 bedroom flat and £95,000 for a 5 bedroom flat. To sum up the asking prices for properties in Benwell Grange Avenue, Benwell, Newcastle upon Tyne, NE15 it comes to around average £59,908 for 1 bedroom property, £103,505 for 2 bedroom, £159,952 for 3 bedroom, £268,164 for 4 bedroom and £418,200 for a 5 bedroom property.

Rent per calendar month varies similarly based on type and size of the house. If you look at the rents per month for houses alone it can vary from £423 for 1 bedroom to £513 for 2 bedrooms, £614 for 3 bedrooms, £999 for 4 bedrooms and £1,722 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £433. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £474 and £474 for 3 bedroom. You should be generally be expecting around average £429 rent per month for single bedroom property, £489 for 2 bedroom, £584 for 3 bedroom, £999 for 4 bedroom and approximately £1,722 for a 5 bedroom property in Benwell Grange Avenue, Benwell, Newcastle upon Tyne, NE15 area.

Popular Houses in Benwell Grange Avenue, Benwell, Newcastle upon Tyne, NE15

Disclaimer : Location real estate estimates and values are based on House price index background data and Sales data provided by United Kingdom Land registry Records available as public records from their website. This information is updated monthly on our website and may not reflect all public transactions. This information is based on estimated calculation generated from our developed algorithms. We are striving to make this information as accurate and useful as possible. This data covers the transactions received at Land Registry in the period 1/1/1995 to 9/1/2014. © Crown copyright 2014. Data produced by Land Registry © Crown copyright 2014.

Areas in and around Benwell Grange Avenue, Benwell, Newcastle upon Tyne, NE15