Average Price for property in Benwell Lane, Benwell, Newcastle upon Tyne, NE15 is around £113,331 which varies based on type of property you are interested in and ranges from £247,014 for detached house to around £89,353 for semi-detached. Similarly terraced house is around £70,468. Values have been changing and have risen £383 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,227 in last 6 months, £7,283 in last 1 year, £7,858 in last 2 years, £11,684 in last 3 years, £6,376 in last 4 years and £4,303 in last 5 years.
Currently average asking price of a property in Benwell Lane, Benwell, Newcastle upon Tyne, NE15 is around £209,174 based on approximately 1 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 Lane, Benwell, Newcastle upon Tyne, NE15 is £113,331. Average asking price is £209,174 while average price paid is £79,000 which is up by £7,283 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 Lane, Benwell, Newcastle upon Tyne, NE15 area. In last 1 year alone average price buyer paid is around £79,000 based on approximately 1 sales in Benwell Lane, Benwell, Newcastle upon Tyne, NE15 area alone. If you compare it to last 3 years sales of 2 properties where buyers paid around £82,550. 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 £82,550 for 2 and average amount paid for purchase of approx. 3 properties sold in last 7 years comes to about £86,366 per sale.