Average Price for property in East Farm Mews, Backworth, Newcastle upon Tyne, NE27 is around £253,202 which varies based on type of property you are interested in and ranges from £326,350 for detached house to around £249,203 for semi-detached. Similarly terraced house is around £235,731. Values have been changing and have risen £1,078 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,225 in last 6 months, £13,245 in last 1 year, £20,050 in last 2 years, £26,870 in last 3 years, £12,735 in last 4 years and £13,938 in last 5 years.
Currently average asking price of a property in East Farm Mews, Backworth, Newcastle upon Tyne, NE27 is around £163,209 based on approximately 1 properties for sale. Same is the case with rental options based on 23 properties up for rent, average asking rent is around £852 per month.
Estimated property value in East Farm Mews, Backworth, Newcastle upon Tyne, NE27 is £253,202. Average asking price is £163,209 while average price paid is £250,000 which is up by £13,245 and Avg. asking rent £852.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 East Farm Mews, Backworth, Newcastle upon Tyne, NE27 area. In last 1 year alone average price buyer paid is around £250,000 based on approximately 1 sales in East Farm Mews, Backworth, Newcastle upon Tyne, NE27 area alone. If you compare it to last 3 years sales of 4 properties where buyers paid around £257,487. 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 £225,528 for 14 and average amount paid for purchase of approx. 16 properties sold in last 7 years comes to about £226,087 per sale.