Average Price for property in Cheviot View, Ponteland, Newcastle upon Tyne, NE20 is around £403,119 which varies based on type of property you are interested in and ranges from £421,145 for detached house to around £396,564 for semi-detached. Values have been changing and have risen £1,517 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £5,244 in last 6 months, £22,626 in last 1 year, £30,808 in last 2 years, £41,046 in last 3 years, £18,511 in last 4 years and £19,832 in last 5 years.
Currently average asking price of a property in Cheviot View, Ponteland, Newcastle upon Tyne, NE20 is around £544,404 based on approximately 4 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 Cheviot View, Ponteland, Newcastle upon Tyne, NE20 is £403,119. Average asking price is £544,404 while average price paid is £316,375 which is up by £22,626 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 Cheviot View, Ponteland, Newcastle upon Tyne, NE20 area. In last 1 year alone average price buyer paid is around £316,375 based on approximately 4 sales in Cheviot View, Ponteland, Newcastle upon Tyne, NE20 area alone. If you compare it to last 3 years sales of 9 properties where buyers paid around £316,055. 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 £309,766 for 15 and average amount paid for purchase of approx. 22 properties sold in last 7 years comes to about £311,568 per sale.