Average Price for property in Castle Square, Backworth, Newcastle upon Tyne, NE27 is around £93,817 e.g. average price for semi-detached is around 93,817. Values have been changing and have risen £418 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £863 in last 6 months, £5,160 in last 1 year, £7,812 in last 2 years, £10,472 in last 3 years, £4,974 in last 4 years and £5,446 in last 5 years.
Currently average asking price of a property in Castle Square, Backworth, Newcastle upon Tyne, NE27 is around £163,209 based on approximately 0 properties for sale. Same is the case with rental options based on 23 properties up for rent, average asking rent is around £852 per month.
Estimated property value in Castle Square, Backworth, Newcastle upon Tyne, NE27 is £93,817. Average asking price is £163,209 while average price paid is £92,000 which is up by £5,446 and Avg. asking rent £852.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 Castle Square, Backworth, Newcastle upon Tyne, NE27 area. In last 5 years alone average price buyer paid is around £92,000 based on approximately 1 sales in Castle Square, Backworth, Newcastle upon Tyne, NE27 area alone. If you compare it to last 7 years sales of 2 properties where buyers paid around £86,375.