Average Price for property in Bishops Drive, Ryton, NE40 is around £249,422 e.g. average price for detached house is around 249,422. Values have been changing and have risen £334 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,019 in last 6 months, £11,143 in last 1 year, £17,055 in last 2 years, £21,674 in last 3 years, £12,343 in last 4 years and £9,366 in last 5 years.
Currently average asking price of a property in Bishops Drive, Ryton, NE40 is around £172,238 based on approximately 0 properties for sale. Same is the case with rental options based on 32 properties up for rent, average asking rent is around £524 per month.
Estimated property value in Bishops Drive, Ryton, NE40 is £249,422. Average asking price is £172,238 while average price paid is £198,875 which is up by £21,674 and Avg. asking rent £524.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 Bishops Drive, Ryton, NE40 area. In last 3 years alone average price buyer paid is around £198,875 based on approximately 4 sales in Bishops Drive, Ryton, NE40 area alone. If you compare it to last 5 years sales of 6 properties where buyers paid around £210,916. It has been same for some time now for e.g. if you take an average of amount paid in last 7 years, it comes to around £210,916 for 6 per sale.