Average Price for property in Downswood, Killingworth, Newcastle upon Tyne, NE12 is around £259,275 which varies based on type of property you are interested in and ranges from £258,701 for detached house to around £263,295 for semi-detached. Values have been changing and have risen £1,174 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £4,268 in last 6 months, £14,168 in last 1 year, £18,708 in last 2 years, £24,879 in last 3 years, £13,713 in last 4 years and £12,424 in last 5 years.
Currently average asking price of a property in Downswood, Killingworth, 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 Downswood, Killingworth, Newcastle upon Tyne, NE12 is £259,275. Average asking price is £184,802 while average price paid is £221,000 which is up by £14,168 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 Downswood, Killingworth, Newcastle upon Tyne, NE12 area. In last 1 year alone average price buyer paid is around £221,000 based on approximately 1 sales in Downswood, Killingworth, Newcastle upon Tyne, NE12 area alone. If you compare it to last 3 years sales of 2 properties where buyers paid around £213,500. 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 £223,000 for 3 and average amount paid for purchase of approx. 3 properties sold in last 7 years comes to about £223,000 per sale.