Average Price for property in Edgewood, Ponteland, Newcastle upon Tyne, NE20 is around £571,772 e.g. average price for detached house is around 571,772. Values have been changing and have risen £2,142 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £7,405 in last 6 months, £31,937 in last 1 year, £43,485 in last 2 years, £57,934 in last 3 years, £26,121 in last 4 years and £27,984 in last 5 years.
Currently average asking price of a property in Edgewood, Ponteland, Newcastle upon Tyne, NE20 is around £544,404 based on approximately 1 properties for sale. Same is the case with rental options based on 61 properties up for rent, average asking rent is around £1,546 per month.
Estimated property value in Edgewood, Ponteland, Newcastle upon Tyne, NE20 is £571,772. Average asking price is £544,404 while average price paid is £477,500 which is up by £31,937 and Avg. asking rent £1,546.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 Edgewood, Ponteland, Newcastle upon Tyne, NE20 area. In last 1 year alone average price buyer paid is around £477,500 based on approximately 1 sales in Edgewood, Ponteland, Newcastle upon Tyne, NE20 area alone. If you compare it to last 3 years sales of 2 properties where buyers paid around £487,500. 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 £487,500 for 2 and average amount paid for purchase of approx. 2 properties sold in last 7 years comes to about £487,500 per sale.