Cloverdale Gardens, Whickham, Newcastle upon Tyne, NE16

Street Guide For Cloverdale Gardens, Whickham, Newcastle upon Tyne, NE16

 

Cloverdale Gardens, Whickham, Newcastle upon Tyne, NE16 Map

Estimated Price: £203,626
Average Asking Price: £202,030
Price change in last one year: £11,331
Average Price Paid: £161,500
Average Rent Rates: £554

 

Property Prices Breakdown in Cloverdale Gardens, Whickham, Newcastle upon Tyne, NE16

Average Price for property in Cloverdale Gardens, Whickham, Newcastle upon Tyne, NE16 is around £203,626 which varies based on type of property you are interested in and ranges from £211,408 for semi-detached to around £156,937 for terraced house. Values have been changing and have risen £524 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,432 in last 6 months, £11,331 in last 1 year, £14,395 in last 2 years, £22,184 in last 3 years, £13,052 in last 4 years and £10,872 in last 5 years.

Currently average asking price of a property in Cloverdale Gardens, Whickham, Newcastle upon Tyne, NE16 is around £202,030 based on approximately 0 properties for sale. Same is the case with rental options based on 37 properties up for rent, average asking rent is around £554 per month.

Estimated property value in Cloverdale Gardens, Whickham, Newcastle upon Tyne, NE16 is £203,626. Average asking price is £202,030 while average price paid is £185,000 which is up by £22,184 and Avg. asking rent £554.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 Cloverdale Gardens, Whickham, Newcastle upon Tyne, NE16 area. In last 3 years alone average price buyer paid is around £185,000 based on approximately 1 sales in Cloverdale Gardens, Whickham, Newcastle upon Tyne, NE16 area alone. If you compare it to last 5 years sales of 2 properties where buyers paid around £161,500. It has been same for some time now for e.g. if you take an average of amount paid in last 7 years, it comes to around £166,000 for 3 per sale.

 
 

Breakdown of asking prices for homes of different sizes show that price varies clearly based on no of bedrooms and type of house. Asking price for a house with 1 bedroom is around £105,000, £120,981 for a 2 bedroom house, £183,351 for a 3 bedroom house, £336,100 for a 4 bedroom house and £475,571 for a 5 bedroom house. For a flat similarly the prices varies from £98,225 for a single bedroom to £108,708 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £77,475. To sum up the asking prices for properties in Cloverdale Gardens, Whickham, Newcastle upon Tyne, NE16 it comes to around average £99,580 for 1 bedroom property, £116,581 for 2 bedroom, £179,990 for 3 bedroom, £336,100 for 4 bedroom and £475,571 for a 5 bedroom property.

Rent per calendar month varies similarly based on type and size of the house. If you look at the rents per month for houses alone it can vary from £513 for 2 bedroom to £660 for 3 bedroom, £849 for 4 bedroom and £1,499 for 5 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £400. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £497, £514 for 3 bedroom and £425 for 4 bedroom. You should be generally be expecting around average £400 rent per month for single bedroom property, £504 for 2 bedroom, £594 for 3 bedroom, £566 for 4 bedroom and approximately £1,499 for a 5 bedroom property in Cloverdale Gardens, Whickham, Newcastle upon Tyne, NE16 area.

Popular Houses in Cloverdale Gardens, Whickham, Newcastle upon Tyne, NE16

Disclaimer : Location real estate estimates and values are based on House price index background data and Sales data provided by United Kingdom Land registry Records available as public records from their website. This information is updated monthly on our website and may not reflect all public transactions. This information is based on estimated calculation generated from our developed algorithms. We are striving to make this information as accurate and useful as possible. This data covers the transactions received at Land Registry in the period 1/1/1995 to 9/1/2014. © Crown copyright 2014. Data produced by Land Registry © Crown copyright 2014.

Areas in and around Cloverdale Gardens, Whickham, Newcastle upon Tyne, NE16