Average Price for property in Farne Avenue, Newcastle upon Tyne, NE3 is around £190,800 which varies based on type of property you are interested in and ranges from £191,090 for semi-detached to around £187,614 for terraced house. Values have been changing and have risen £160 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £122 in last 6 months, £12,164 in last 1 year, £14,828 in last 2 years, £23,583 in last 3 years, £15,824 in last 4 years and £13,807 in last 5 years.
Currently average asking price of a property in Farne Avenue, Newcastle upon Tyne, NE3 is around £229,283 based on approximately 1 properties for sale. Same is the case with rental options based on 324 properties up for rent, average asking rent is around £1,031 per month.
Estimated property value in Farne Avenue, Newcastle upon Tyne, NE3 is £190,800. Average asking price is £229,283 while average price paid is £174,100 which is up by £12,164 and Avg. asking rent £1,031.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 Farne Avenue, Newcastle upon Tyne, NE3 area. In last 1 year alone average price buyer paid is around £174,100 based on approximately 1 sales in Farne Avenue, Newcastle upon Tyne, NE3 area alone. If you compare it to last 3 years sales of 3 properties where buyers paid around £168,200. 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 £167,120 for 5 and average amount paid for purchase of approx. 6 properties sold in last 7 years comes to about £170,516 per sale.