Average Price for property in Forest Hall, Newcastle upon Tyne, NE12 is around £210,426 which varies based on type of property you are interested in and ranges from £242,366 for detached house to around £167,010 for semi-detached. Similarly terraced house is around £159,258. Values have been changing and have risen £882 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £3,206 in last 6 months, £10,650 in last 1 year, £14,061 in last 2 years, £18,701 in last 3 years, £10,311 in last 4 years and £9,344 in last 5 years.
Currently average asking price of a property in Forest Hall, Newcastle upon Tyne, NE12 is around £184,802 based on approximately 1 properties for sale. Same is the case with rental options based on 92 properties up for rent, average asking rent is around £715 per month.
Estimated property value in Forest Hall, Newcastle upon Tyne, NE12 is £210,426. Average asking price is £184,802 while average price paid is £247,000 which is up by £10,650 and Avg. asking rent £715.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 Forest Hall, Newcastle upon Tyne, NE12 area. In last 1 year alone average price buyer paid is around £247,000 based on approximately 1 sales in Forest Hall, Newcastle upon Tyne, NE12 area alone. If you compare it to last 3 years sales of 23 properties where buyers paid around £183,263. 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 £185,107 for 34 and average amount paid for purchase of approx. 34 properties sold in last 7 years comes to about £185,107 per sale.