Average Price for property in Ely Close, Benton, Newcastle upon Tyne, NE7 is around £260,062 which varies based on type of property you are interested in and ranges from £331,792 for detached house to around £217,230 for semi-detached. Similarly terraced house is around £203,147 and a flat is worth £145,175. Values have been changing and have risen £3,465 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £9,350 in last 6 months, £27,352 in last 1 year, £42,198 in last 2 years, £37,442 in last 3 years, £46,674 in last 4 years and £42,719 in last 5 years.
Currently average asking price of a property in Ely Close, Benton, Newcastle upon Tyne, NE7 is around £311,179 based on approximately 1,012 properties for sale. Same is the case with rental options based on 98 properties up for rent, average asking rent is around £1,013 per month.
Estimated property value in Ely Close, Benton, Newcastle upon Tyne, NE7 is £260,062. Average asking price is £311,179 while average price paid is £220,426 which is up by £27,352 and Avg. asking rent £1,013.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 Ely Close, Benton, Newcastle upon Tyne, NE7 area. In last 1 year alone average price buyer paid is around £220,426 based on approximately 1,012 sales in Ely Close, Benton, Newcastle upon Tyne, NE7 area alone. If you compare it to last 3 years sales of 3,120 properties where buyers paid around £206,208. 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 £201,437 for 5,207 and average amount paid for purchase of approx. 7,043 properties sold in last 7 years comes to about £197,966 per sale.