Average Price for property in Fenwick, Fenwick, Newcastle upon Tyne, NE18 is around £489,136 which varies based on type of property you are interested in and ranges from £498,711 for detached house to around £515,141 for semi-detached. Similarly terraced house is around £452,198. Values have been changing and have risen £1,038 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £4,138 in last 6 months, £29,952 in last 1 year, £37,847 in last 2 years, £54,839 in last 3 years, £30,899 in last 4 years and £26,914 in last 5 years.
Currently average asking price of a property in Fenwick, Fenwick, Newcastle upon Tyne, NE18 is around £427,424 based on approximately 1 properties for sale. Same is the case with rental options based on 7 properties up for rent, average asking rent is around £696 per month.
Estimated property value in Fenwick, Fenwick, Newcastle upon Tyne, NE18 is £489,136. Average asking price is £427,424 while average price paid is £595,000 which is up by £29,952 and Avg. asking rent £696.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 Fenwick, Fenwick, Newcastle upon Tyne, NE18 area. In last 1 year alone average price buyer paid is around £595,000 based on approximately 1 sales in Fenwick, Fenwick, Newcastle upon Tyne, NE18 area alone. If you compare it to last 3 years sales of 2 properties where buyers paid around £535,000. 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 £535,000 for 2 and average amount paid for purchase of approx. 4 properties sold in last 7 years comes to about £437,499 per sale.