Byermoor, Burnopfield, Newcastle upon Tyne, NE16

Street Guide For Byermoor, Burnopfield, Newcastle upon Tyne, NE16

 

Byermoor, Burnopfield, Newcastle upon Tyne, NE16 Map

Estimated Price: £274,341
Average Asking Price: £201,650
Price change in last one year: £15,640
Average Price Paid: £339,000
Average Rent Rates: £554

 

Property Prices Breakdown in Byermoor, Burnopfield, Newcastle upon Tyne, NE16

Average Price for property in Byermoor, Burnopfield, Newcastle upon Tyne, NE16 is around £274,341 which varies based on type of property you are interested in and ranges from £350,697 for detached house to around £216,305 for semi-detached. Similarly terraced house is around £256,022. Values have been changing and have risen £725 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,980 in last 6 months, £15,640 in last 1 year, £19,867 in last 2 years, £30,615 in last 3 years, £18,005 in last 4 years and £14,993 in last 5 years.

Currently average asking price of a property in Byermoor, 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 Byermoor, Burnopfield, Newcastle upon Tyne, NE16 is £274,341. Average asking price is £201,650 while average price paid is £339,000 which is up by £15,640 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 Byermoor, Burnopfield, Newcastle upon Tyne, NE16 area. In last 1 year alone average price buyer paid is around £339,000 based on approximately 1 sales in Byermoor, Burnopfield, Newcastle upon Tyne, NE16 area alone. If you compare it to last 3 years sales of 1 properties where buyers paid around £339,000. 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 £339,000 for 1 and average amount paid for purchase of approx. 2 properties sold in last 7 years comes to about £274,000 per sale.

 
 

Breakdown of asking prices for homes of different sizes show that price varies clearly based on no of bedrooms and type of house. Asking price for a house with 1 bedroom is around £105,000, £121,844 for a 2 bedroom house, £182,571 for a 3 bedroom house, £336,100 for a 4 bedroom house and £475,571 for a 5 bedroom house. For a flat similarly the prices varies from £98,225 for a single bedroom to £108,708 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £77,475. To sum up the asking prices for properties in Byermoor, Burnopfield, Newcastle upon Tyne, NE16 it comes to around average £99,580 for 1 bedroom property, £117,044 for 2 bedroom, £179,287 for 3 bedroom, £336,100 for 4 bedroom and £475,571 for a 5 bedroom property.

Rent per calendar month varies similarly based on type and size of the house. If you look at the rents per month for houses alone it can vary from £513 for 2 bedroom to £660 for 3 bedroom, £849 for 4 bedroom and £1,499 for 5 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £400. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £497, £514 for 3 bedroom and £425 for 4 bedroom. You should be generally be expecting around average £400 rent per month for single bedroom property, £504 for 2 bedroom, £594 for 3 bedroom, £566 for 4 bedroom and approximately £1,499 for a 5 bedroom property in Byermoor, Burnopfield, Newcastle upon Tyne, NE16 area.

Popular Houses in Byermoor, Burnopfield, Newcastle upon Tyne, NE16

Disclaimer : Location real estate estimates and values are based on House price index background data and Sales data provided by United Kingdom Land registry Records available as public records from their website. This information is updated monthly on our website and may not reflect all public transactions. This information is based on estimated calculation generated from our developed algorithms. We are striving to make this information as accurate and useful as possible. This data covers the transactions received at Land Registry in the period 1/1/1995 to 9/1/2014. © Crown copyright 2014. Data produced by Land Registry © Crown copyright 2014.

Areas in and around Byermoor, Burnopfield, Newcastle upon Tyne, NE16