Average Price for property in Chester Close, Ponteland, Newcastle upon Tyne, NE20 is around £509,250 e.g. average price for detached house is around 509,250. Values have been changing and have risen £1,979 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £6,843 in last 6 months, £29,526 in last 1 year, £40,203 in last 2 years, £53,560 in last 3 years, £24,150 in last 4 years and £25,873 in last 5 years.
Currently average asking price of a property in Chester Close, Ponteland, Newcastle upon Tyne, NE20 is around £544,404 based on approximately 2 properties for sale. Same is the case with rental options based on 61 properties up for rent, average asking rent is around £1,546 per month.
Estimated property value in Chester Close, Ponteland, Newcastle upon Tyne, NE20 is £509,250. Average asking price is £544,404 while average price paid is £332,500 which is up by £29,526 and Avg. asking rent £1,546.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 Chester Close, Ponteland, Newcastle upon Tyne, NE20 area. In last 1 year alone average price buyer paid is around £332,500 based on approximately 2 sales in Chester Close, Ponteland, Newcastle upon Tyne, NE20 area alone. If you compare it to last 3 years sales of 3 properties where buyers paid around £481,666. 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 £446,250 for 4 and average amount paid for purchase of approx. 4 properties sold in last 7 years comes to about £446,250 per sale.