Average Price for property in Chesters Avenue, Longbenton, Newcastle upon Tyne, NE12 is around £118,677 which varies based on type of property you are interested in and ranges from £156,429 for detached house to around £139,051 for semi-detached. Similarly terraced house is around £118,588 and a flat is worth £78,561. Values have been changing and have risen £518 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,885 in last 6 months, £6,267 in last 1 year, £8,277 in last 2 years, £11,009 in last 3 years, £6,075 in last 4 years and £5,509 in last 5 years.
Currently average asking price of a property in Chesters Avenue, Longbenton, Newcastle upon Tyne, NE12 is around £184,859 based on approximately 5 properties for sale. Same is the case with rental options based on 90 properties up for rent, average asking rent is around £723 per month.
Estimated property value in Chesters Avenue, Longbenton, Newcastle upon Tyne, NE12 is £118,677. Average asking price is £184,859 while average price paid is £91,800 which is up by £6,267 and Avg. asking rent £723.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 Chesters Avenue, Longbenton, Newcastle upon Tyne, NE12 area. In last 1 year alone average price buyer paid is around £91,800 based on approximately 5 sales in Chesters Avenue, Longbenton, Newcastle upon Tyne, NE12 area alone. If you compare it to last 3 years sales of 16 properties where buyers paid around £104,281. 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 £100,498 for 23 and average amount paid for purchase of approx. 33 properties sold in last 7 years comes to about £103,756 per sale.