Average Price for property in Elmfield Square, Gosforth, Newcastle upon Tyne, NE3 is around £465,127 which varies based on type of property you are interested in and ranges from £713,487 for semi-detached to around £402,628 for a flat. Values have been changing and have risen £387 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £293 in last 6 months, £29,507 in last 1 year, £35,960 in last 2 years, £57,200 in last 3 years, £38,361 in last 4 years and £33,456 in last 5 years.
Currently average asking price of a property in Elmfield Square, Gosforth, Newcastle upon Tyne, NE3 is around £229,283 based on approximately 1 properties for sale. Same is the case with rental options based on 324 properties up for rent, average asking rent is around £1,031 per month.
Estimated property value in Elmfield Square, Gosforth, Newcastle upon Tyne, NE3 is £465,127. Average asking price is £229,283 while average price paid is £228,000 which is up by £29,507 and Avg. asking rent £1,031.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 Elmfield Square, Gosforth, Newcastle upon Tyne, NE3 area. In last 1 year alone average price buyer paid is around £228,000 based on approximately 1 sales in Elmfield Square, Gosforth, Newcastle upon Tyne, NE3 area alone. If you compare it to last 3 years sales of 3 properties where buyers paid around £233,500. 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 £517,419 for 13 and average amount paid for purchase of approx. 27 properties sold in last 7 years comes to about £399,534 per sale.