East View, Wideopen, Newcastle upon Tyne, NE13

Street Guide For East View, Wideopen, Newcastle upon Tyne, NE13

 

East View, Wideopen, Newcastle upon Tyne, NE13 Map

Estimated Price: £118,734
Average Asking Price: £247,775
Price change in last one year: £6,919
Average Price Paid: £108,300
Average Rent Rates: £665

 

Property Prices Breakdown in East View, Wideopen, Newcastle upon Tyne, NE13

Average Price for property in East View, Wideopen, Newcastle upon Tyne, NE13 is around £118,734 which varies based on type of property you are interested in and ranges from £169,078 for detached house to around £153,595 for semi-detached. Similarly terraced house is around £144,427 and a flat is worth £99,564. Values have been changing and have risen £711 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,299 in last 6 months, £6,919 in last 1 year, £9,894 in last 2 years, £13,050 in last 3 years, £6,776 in last 4 years and £6,900 in last 5 years.

Currently average asking price of a property in East View, Wideopen, Newcastle upon Tyne, NE13 is around £247,775 based on approximately 3 properties for sale. Same is the case with rental options based on 23 properties up for rent, average asking rent is around £665 per month.

Estimated property value in East View, Wideopen, Newcastle upon Tyne, NE13 is £118,734. Average asking price is £247,775 while average price paid is £118,333 which is up by £6,919 and Avg. asking rent £665.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 View, Wideopen, Newcastle upon Tyne, NE13 area. In last 1 year alone average price buyer paid is around £118,333 based on approximately 3 sales in East View, Wideopen, Newcastle upon Tyne, NE13 area alone. If you compare it to last 3 years sales of 10 properties where buyers paid around £111,700. 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 £108,300 for 15 and average amount paid for purchase of approx. 17 properties sold in last 7 years comes to about £106,614 per sale.

 
 

Breakdown of asking prices for homes of different sizes show that price varies clearly based on no of bedrooms and type of house. Asking price for a house with 2 bedroom is around £149,095, £198,449 for a 3 bedroom house, £304,065 for a 4 bedroom house and £362,159 for a 5 bedroom house. For a flat similarly the prices varies from £127,475 for a single bedroom to £106,387 for a 2 bedroom Flat. To sum up the asking prices for properties in East View, Wideopen, Newcastle upon Tyne, NE13 it comes to around average £127,475 for 1 bedroom property, £133,490 for 2 bedroom, £198,449 for 3 bedroom, £304,065 for 4 bedroom and £362,159 for a 5 bedroom property.

Rent per calendar month varies similarly based on type and size of the house. If you look at the rents per month for houses alone it can vary from £650 for 2 bedroom to £745 for 3 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £388. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £492 and £550 for 3 bedroom. You should be generally be expecting around average £388 rent per month for single bedroom property, £507 for 2 bedroom and approximately £717 for 3 bedroom property in East View, Wideopen, Newcastle upon Tyne, NE13 area.

Popular Houses in East View, Wideopen, Newcastle upon Tyne, NE13

Disclaimer : Location real estate estimates and values are based on House price index background data and Sales data provided by United Kingdom Land registry Records available as public records from their website. This information is updated monthly on our website and may not reflect all public transactions. This information is based on estimated calculation generated from our developed algorithms. We are striving to make this information as accurate and useful as possible. This data covers the transactions received at Land Registry in the period 1/1/1995 to 9/1/2014. © Crown copyright 2014. Data produced by Land Registry © Crown copyright 2014.

Areas in and around East View, Wideopen, Newcastle upon Tyne, NE13