Average Price for property in Brandling Place South, Jesmond, Newcastle upon Tyne, NE2 is around £467,646 which varies based on type of property you are interested in and ranges from £533,434 for detached house to around £459,423 for terraced house. Values have been changing and have risen £1,741 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £5,644 in last 6 months, £23,595 in last 1 year, £30,883 in last 2 years, £47,980 in last 3 years, £30,061 in last 4 years and £27,020 in last 5 years.
Currently average asking price of a property in Brandling Place South, Jesmond, Newcastle upon Tyne, NE2 is around £273,264 based on approximately 2 properties for sale. Same is the case with rental options based on 1,536 properties up for rent, average asking rent is around £1,022 per month.
Estimated property value in Brandling Place South, Jesmond, Newcastle upon Tyne, NE2 is £467,646. Average asking price is £273,264 while average price paid is £558,775 which is up by £23,595 and Avg. asking rent £1,022.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 Brandling Place South, Jesmond, Newcastle upon Tyne, NE2 area. In last 1 year alone average price buyer paid is around £558,775 based on approximately 2 sales in Brandling Place South, Jesmond, Newcastle upon Tyne, NE2 area alone. If you compare it to last 3 years sales of 2 properties where buyers paid around £558,775. 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 £470,637 for 4 and average amount paid for purchase of approx. 7 properties sold in last 7 years comes to about £429,650 per sale.