Average Price for property in Bewick Street, Newcastle upon Tyne, NE1 is around £175,257 e.g. average price for a flat is around 175,257. Values have been changing and have risen £234 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £642 in last 6 months, £9,435 in last 1 year, £13,607 in last 2 years, £18,211 in last 3 years, £8,905 in last 4 years and £6,299 in last 5 years.
Currently average asking price of a property in Bewick Street, Newcastle upon Tyne, NE1 is around £193,393 based on approximately 2 properties for sale. Same is the case with rental options based on 523 properties up for rent, average asking rent is around £1,336 per month.
Estimated property value in Bewick Street, Newcastle upon Tyne, NE1 is £175,257. Average asking price is £193,393 while average price paid is £152,500 which is up by £9,435 and Avg. asking rent £1,336.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 Bewick Street, Newcastle upon Tyne, NE1 area. In last 1 year alone average price buyer paid is around £152,500 based on approximately 2 sales in Bewick Street, Newcastle upon Tyne, NE1 area alone. If you compare it to last 3 years sales of 3 properties where buyers paid around £124,166. 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 £131,590 for 5 and average amount paid for purchase of approx. 5 properties sold in last 7 years comes to about £131,590 per sale.