Average Price for property in Elford Avenue, Newcastle upon Tyne, NE13 is around £407,653 which varies based on type of property you are interested in and ranges from £404,122 for detached house to around £464,144 for semi-detached. Similarly terraced house is around £379,278. Values have been changing and have risen £2,233 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £7,220 in last 6 months, £21,701 in last 1 year, £31,027 in last 2 years, £40,923 in last 3 years, £21,216 in last 4 years and £21,596 in last 5 years.
Currently average asking price of a property in Elford Avenue, Newcastle upon Tyne, NE13 is around £243,726 based on approximately 4 properties for sale. Same is the case with rental options based on 24 properties up for rent, average asking rent is around £666 per month.
Estimated property value in Elford Avenue, Newcastle upon Tyne, NE13 is £407,653. Average asking price is £243,726 while average price paid is £367,500 which is up by £21,701 and Avg. asking rent £666.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 Elford Avenue, Newcastle upon Tyne, NE13 area. In last 1 year alone average price buyer paid is around £367,500 based on approximately 4 sales in Elford Avenue, Newcastle upon Tyne, NE13 area alone. If you compare it to last 3 years sales of 17 properties where buyers paid around £324,563. 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 £341,691 for 33 and average amount paid for purchase of approx. 35 properties sold in last 7 years comes to about £342,166 per sale.