Average Price for property in Cromdale Place, Newcastle upon Tyne, NE5 is around £109,158 e.g. average price for semi-detached is around 109,158. Values have been changing and have risen £289 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,282 in last 6 months, £6,584 in last 1 year, £7,469 in last 2 years, £11,201 in last 3 years, £6,681 in last 4 years and £6,104 in last 5 years.
Currently average asking price of a property in Cromdale Place, Newcastle upon Tyne, NE5 is around £129,371 based on approximately 2 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 Cromdale Place, Newcastle upon Tyne, NE5 is £109,158. Average asking price is £129,371 while average price paid is £87,500 which is up by £6,584 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 Cromdale Place, Newcastle upon Tyne, NE5 area. In last 1 year alone average price buyer paid is around £87,500 based on approximately 2 sales in Cromdale Place, Newcastle upon Tyne, NE5 area alone. If you compare it to last 3 years sales of 2 properties where buyers paid around £87,500. 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 £87,500 for 2 and average amount paid for purchase of approx. 2 properties sold in last 7 years comes to about £87,500 per sale.