Average Price for property in Binswood Avenue, Newcastle upon Tyne, NE5 is around £84,714 which varies based on type of property you are interested in and ranges from £114,260 for detached house to around £83,429 for semi-detached. Similarly terraced house is around £89,399 and a flat is worth £65,358. Values have been changing and have risen £235 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,046 in last 6 months, £5,374 in last 1 year, £6,096 in last 2 years, £9,143 in last 3 years, £5,454 in last 4 years and £4,984 in last 5 years.
Currently average asking price of a property in Binswood Avenue, Newcastle upon Tyne, NE5 is around £129,371 based on approximately 2 properties for sale. Same is the case with rental options based on 76 properties up for rent, average asking rent is around £1,398 per month.
Estimated property value in Binswood Avenue, Newcastle upon Tyne, NE5 is £84,714. Average asking price is £129,371 while average price paid is £99,975 which is up by £5,374 and Avg. asking rent £1,398.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 Binswood Avenue, Newcastle upon Tyne, NE5 area. In last 1 year alone average price buyer paid is around £99,975 based on approximately 2 sales in Binswood Avenue, Newcastle upon Tyne, NE5 area alone. If you compare it to last 3 years sales of 3 properties where buyers paid around £90,650. 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 £84,895 for 10 and average amount paid for purchase of approx. 18 properties sold in last 7 years comes to about £86,275 per sale.