Average Price for property in Downend Road, Westerhope, Newcastle upon Tyne, NE5 is around £167,529 which varies based on type of property you are interested in and ranges from £145,414 for detached house to around £169,648 for semi-detached. Similarly terraced house is around £162,893. Values have been changing and have risen £428 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,905 in last 6 months, £9,777 in last 1 year, £11,089 in last 2 years, £16,630 in last 3 years, £9,912 in last 4 years and £9,054 in last 5 years.
Currently average asking price of a property in Downend Road, Westerhope, 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 Downend Road, Westerhope, Newcastle upon Tyne, NE5 is £167,529. Average asking price is £129,371 while average price paid is £126,450 which is up by £16,630 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 Downend Road, Westerhope, Newcastle upon Tyne, NE5 area. In last 3 years alone average price buyer paid is around £126,450 based on approximately 5 sales in Downend Road, Westerhope, Newcastle upon Tyne, NE5 area alone. If you compare it to last 5 years sales of 9 properties where buyers paid around £132,205. 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 £136,450 for 13 per sale.