Average Price for property in Church Lane, Gosforth, Newcastle upon Tyne, NE3 is around £173,674 which varies based on type of property you are interested in and ranges from £238,982 for detached house to around £198,896 for semi-detached. Similarly terraced house is around £145,273 and a flat is worth £142,241. Values have been changing and have risen £140 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £108 in last 6 months, £10,548 in last 1 year, £12,858 in last 2 years, £20,449 in last 3 years, £13,723 in last 4 years and £11,976 in last 5 years.
Currently average asking price of a property in Church Lane, Gosforth, Newcastle upon Tyne, NE3 is around £229,283 based on approximately 3 properties for sale. Same is the case with rental options based on 324 properties up for rent, average asking rent is around £1,031 per month.
Estimated property value in Church Lane, Gosforth, Newcastle upon Tyne, NE3 is £173,674. Average asking price is £229,283 while average price paid is £145,916 which is up by £10,548 and Avg. asking rent £1,031.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 Church Lane, Gosforth, Newcastle upon Tyne, NE3 area. In last 1 year alone average price buyer paid is around £145,916 based on approximately 3 sales in Church Lane, Gosforth, Newcastle upon Tyne, NE3 area alone. If you compare it to last 3 years sales of 7 properties where buyers paid around £161,892. 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 £148,188 for 13 and average amount paid for purchase of approx. 16 properties sold in last 7 years comes to about £145,028 per sale.