Average Price for property in Forge Walk, Walbottle, Newcastle upon Tyne, NE15 is around £66,719 e.g. average price for detached house is around 66,719. Values have been changing and have risen £230 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £739 in last 6 months, £4,400 in last 1 year, £4,749 in last 2 years, £7,060 in last 3 years, £3,858 in last 4 years and £2,610 in last 5 years.
Currently average asking price of a property in Forge Walk, Walbottle, Newcastle upon Tyne, NE15 is around £201,251 based on approximately 1 properties for sale. Same is the case with rental options based on 94 properties up for rent, average asking rent is around £751 per month.
Estimated property value in Forge Walk, Walbottle, Newcastle upon Tyne, NE15 is £66,719. Average asking price is £201,251 while average price paid is £65,000 which is up by £4,400 and Avg. asking rent £751.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 Forge Walk, Walbottle, Newcastle upon Tyne, NE15 area. In last 1 year alone average price buyer paid is around £65,000 based on approximately 1 sales in Forge Walk, Walbottle, Newcastle upon Tyne, NE15 area alone. If you compare it to last 3 years sales of 1 properties where buyers paid around £65,000. 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 £65,000 for 1 and average amount paid for purchase of approx. 1 properties sold in last 7 years comes to about £65,000 per sale.