Values have been changing and have risen £134 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £818 in last 6 months, £4,526 in last 1 year, £6,928 in last 2 years, £8,806 in last 3 years, £5,022 in last 4 years and £3,816 in last 5 years.
Currently average asking price of a property in Fairfields, Ryton, NE40 is around £172,238 based on approximately 1 properties for sale. Same is the case with rental options based on 32 properties up for rent, average asking rent is around £524 per month.
Estimated property value in Fairfields, Ryton, NE40 is £94,473. Average asking price is £172,238 while average price paid is £64,000 which is up by £4,526 and Avg. asking rent £524.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 Fairfields, Ryton, NE40 area. In last 1 year alone average price buyer paid is around £64,000 based on approximately 1 sales in Fairfields, Ryton, NE40 area alone. If you compare it to last 3 years sales of 3 properties where buyers paid around £63,172. 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 £76,669 for 6 and average amount paid for purchase of approx. 8 properties sold in last 7 years comes to about £86,502 per sale.