Values have been changing and have risen £22 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £237 in last 6 months, £6,407 in last 1 year, £7,700 in last 2 years, £10,782 in last 3 years, £6,496 in last 4 years and £5,814 in last 5 years.
Currently average asking price of a property in Elvet Close, Heaton, Newcastle upon Tyne, NE6 is around £117,816 based on approximately 2 properties for sale. Same is the case with rental options based on 1,199 properties up for rent, average asking rent is around £836 per month.
Estimated property value in Elvet Close, Heaton, Newcastle upon Tyne, NE6 is £90,217. Average asking price is £117,816 while average price paid is £38,100 which is up by £6,407 and Avg. asking rent £836.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 Elvet Close, Heaton, Newcastle upon Tyne, NE6 area. In last 1 year alone average price buyer paid is around £38,100 based on approximately 2 sales in Elvet Close, Heaton, Newcastle upon Tyne, NE6 area alone. If you compare it to last 3 years sales of 3 properties where buyers paid around £50,400. 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 £55,440 for 5 and average amount paid for purchase of approx. 5 properties sold in last 7 years comes to about £55,440 per sale.