Average Price for property in Bowesville, Burnopfield, Newcastle upon Tyne, NE16 is around £302,128 which varies based on type of property you are interested in and ranges from £523,121 for detached house to around £257,929 for semi-detached. Values have been changing and have risen £754 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,058 in last 6 months, £16,253 in last 1 year, £20,646 in last 2 years, £31,815 in last 3 years, £18,709 in last 4 years and £15,579 in last 5 years.
Currently average asking price of a property in Bowesville, Burnopfield, Newcastle upon Tyne, NE16 is around £201,650 based on approximately 1 properties for sale. Same is the case with rental options based on 37 properties up for rent, average asking rent is around £554 per month.
Estimated property value in Bowesville, Burnopfield, Newcastle upon Tyne, NE16 is £302,128. Average asking price is £201,650 while average price paid is £243,500 which is up by £16,253 and Avg. asking rent £554.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 Bowesville, Burnopfield, Newcastle upon Tyne, NE16 area. In last 1 year alone average price buyer paid is around £243,500 based on approximately 1 sales in Bowesville, Burnopfield, Newcastle upon Tyne, NE16 area alone. If you compare it to last 3 years sales of 2 properties where buyers paid around £239,250. 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 £239,250 for 2 and average amount paid for purchase of approx. 3 properties sold in last 7 years comes to about £242,833 per sale.