Average Price for property in Denewood, Forest Hall, Newcastle upon Tyne, NE12 is around £449,605 e.g. average price for detached house is around 449,605. Values have been changing and have risen £1,897 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £6,897 in last 6 months, £22,889 in last 1 year, £30,219 in last 2 years, £40,189 in last 3 years, £22,143 in last 4 years and £20,057 in last 5 years.
Currently average asking price of a property in Denewood, Forest Hall, Newcastle upon Tyne, NE12 is around £184,802 based on approximately 1 properties for sale. Same is the case with rental options based on 92 properties up for rent, average asking rent is around £715 per month.
Estimated property value in Denewood, Forest Hall, Newcastle upon Tyne, NE12 is £449,605. Average asking price is £184,802 while average price paid is £375,000 which is up by £22,889 and Avg. asking rent £715.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 Denewood, Forest Hall, Newcastle upon Tyne, NE12 area. In last 1 year alone average price buyer paid is around £375,000 based on approximately 1 sales in Denewood, Forest Hall, Newcastle upon Tyne, NE12 area alone. If you compare it to last 3 years sales of 5 properties where buyers paid around £363,000. 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 £365,800 for 10 and average amount paid for purchase of approx. 16 properties sold in last 7 years comes to about £371,632 per sale.