Average Price for property in Edgemount, Killingworth, Newcastle upon Tyne, NE12 is around £182,348 which varies based on type of property you are interested in and ranges from £218,761 for detached house to around £159,295 for semi-detached. Similarly terraced house is around £135,422 and a flat is worth £197,167. Values have been changing and have risen £833 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £3,032 in last 6 months, £10,073 in last 1 year, £13,301 in last 2 years, £17,689 in last 3 years, £9,753 in last 4 years and £8,839 in last 5 years.
Currently average asking price of a property in Edgemount, Killingworth, Newcastle upon Tyne, NE12 is around £184,802 based on approximately 4 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 Edgemount, Killingworth, Newcastle upon Tyne, NE12 is £182,348. Average asking price is £184,802 while average price paid is £157,500 which is up by £10,073 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 Edgemount, Killingworth, Newcastle upon Tyne, NE12 area. In last 1 year alone average price buyer paid is around £157,500 based on approximately 4 sales in Edgemount, Killingworth, Newcastle upon Tyne, NE12 area alone. If you compare it to last 3 years sales of 11 properties where buyers paid around £170,768. 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 £168,982 for 20 and average amount paid for purchase of approx. 24 properties sold in last 7 years comes to about £165,064 per sale.