Average Price for property in Colwyne Place, Newcastle upon Tyne, NE5 is around £104,523 which varies based on type of property you are interested in and ranges from £161,715 for detached house to around £122,405 for semi-detached. Similarly terraced house is around £96,690. Values have been changing and have risen £284 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,263 in last 6 months, £6,479 in last 1 year, £7,349 in last 2 years, £11,022 in last 3 years, £6,571 in last 4 years and £6,004 in last 5 years.
Currently average asking price of a property in Colwyne Place, Newcastle upon Tyne, NE5 is around £129,371 based on approximately 0 properties for sale. Same is the case with rental options based on 76 properties up for rent, average asking rent is around £1,398 per month.
Estimated property value in Colwyne Place, Newcastle upon Tyne, NE5 is £104,523. Average asking price is £129,371 while average price paid is £118,123 which is up by £11,022 and Avg. asking rent £1,398.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 Colwyne Place, Newcastle upon Tyne, NE5 area. In last 3 years alone average price buyer paid is around £118,123 based on approximately 27 sales in Colwyne Place, Newcastle upon Tyne, NE5 area alone. If you compare it to last 5 years sales of 31 properties where buyers paid around £120,235. 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 £120,235 for 31 per sale.