Average Price for property in Elmsford Grove, Longbenton, Newcastle upon Tyne, NE12 is around £114,280 which varies based on type of property you are interested in and ranges from £112,242 for semi-detached to around £117,540 for terraced house. Values have been changing and have risen £500 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,819 in last 6 months, £6,049 in last 1 year, £7,989 in last 2 years, £10,626 in last 3 years, £5,866 in last 4 years and £5,321 in last 5 years.
Currently average asking price of a property in Elmsford Grove, Longbenton, Newcastle upon Tyne, NE12 is around £184,859 based on approximately 2 properties for sale. Same is the case with rental options based on 90 properties up for rent, average asking rent is around £723 per month.
Estimated property value in Elmsford Grove, Longbenton, Newcastle upon Tyne, NE12 is £114,280. Average asking price is £184,859 while average price paid is £108,250 which is up by £6,049 and Avg. asking rent £723.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 Elmsford Grove, Longbenton, Newcastle upon Tyne, NE12 area. In last 1 year alone average price buyer paid is around £108,250 based on approximately 2 sales in Elmsford Grove, Longbenton, Newcastle upon Tyne, NE12 area alone. If you compare it to last 3 years sales of 3 properties where buyers paid around £110,500. 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 £117,890 for 5 and average amount paid for purchase of approx. 5 properties sold in last 7 years comes to about £117,890 per sale.