Average Price for property in Fairfield, Longbenton, Newcastle upon Tyne, NE12 is around £156,592 which varies based on type of property you are interested in and ranges from £179,352 for detached house to around £146,661 for semi-detached. Similarly terraced house is around £123,758. Values have been changing and have risen £720 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,618 in last 6 months, £8,695 in last 1 year, £11,483 in last 2 years, £15,271 in last 3 years, £8,422 in last 4 years and £7,635 in last 5 years.
Currently average asking price of a property in Fairfield, Longbenton, Newcastle upon Tyne, NE12 is around £184,859 based on approximately 1 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 Fairfield, Longbenton, Newcastle upon Tyne, NE12 is £156,592. Average asking price is £184,859 while average price paid is £144,500 which is up by £8,695 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 Fairfield, Longbenton, Newcastle upon Tyne, NE12 area. In last 1 year alone average price buyer paid is around £144,500 based on approximately 1 sales in Fairfield, Longbenton, Newcastle upon Tyne, NE12 area alone. If you compare it to last 3 years sales of 5 properties where buyers paid around £156,900. 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 £161,583 for 6 and average amount paid for purchase of approx. 7 properties sold in last 7 years comes to about £170,642 per sale.