Average Price for property in Burnopfield, Newcastle upon Tyne, NE16 is around £385,341 which varies based on type of property you are interested in and ranges from £433,762 for detached house to around £288,500 for terraced house. Values have been changing and have risen £946 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,583 in last 6 months, £20,404 in last 1 year, £25,920 in last 2 years, £39,942 in last 3 years, £23,486 in last 4 years and £19,555 in last 5 years.
Currently average asking price of a property in 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 Burnopfield, Newcastle upon Tyne, NE16 is £385,341. Average asking price is £201,650 while average price paid is £244,000 which is up by £20,404 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 Burnopfield, Newcastle upon Tyne, NE16 area. In last 1 year alone average price buyer paid is around £244,000 based on approximately 1 sales in Burnopfield, Newcastle upon Tyne, NE16 area alone. If you compare it to last 3 years sales of 3 properties where buyers paid around £413,000. 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 £375,800 for 5 and average amount paid for purchase of approx. 5 properties sold in last 7 years comes to about £375,800 per sale.