Average Price for property in Fernlea Gardens, Ryton, NE40 is around £183,365 which varies based on type of property you are interested in and ranges from £196,389 for detached house to around £157,314 for semi-detached. Values have been changing and have risen £261 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,578 in last 6 months, £8,708 in last 1 year, £13,329 in last 2 years, £16,939 in last 3 years, £9,650 in last 4 years and £7,326 in last 5 years.
Currently average asking price of a property in Fernlea Gardens, 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 Fernlea Gardens, Ryton, NE40 is £183,365. Average asking price is £172,238 while average price paid is £142,500 which is up by £8,708 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 Fernlea Gardens, Ryton, NE40 area. In last 1 year alone average price buyer paid is around £142,500 based on approximately 1 sales in Fernlea Gardens, Ryton, NE40 area alone. If you compare it to last 3 years sales of 3 properties where buyers paid around £147,500. 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 £147,500 for 3 and average amount paid for purchase of approx. 3 properties sold in last 7 years comes to about £147,500 per sale.