Values have been changing and have risen £30 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £312 in last 6 months, £8,384 in last 1 year, £10,079 in last 2 years, £14,112 in last 3 years, £8,501 in last 4 years and £7,606 in last 5 years.
Currently average asking price of a property in Fossway, Walkergate, Newcastle upon Tyne, NE6 is around £117,816 based on approximately 0 properties for sale. Same is the case with rental options based on 1,199 properties up for rent, average asking rent is around £836 per month.
Estimated property value in Fossway, Walkergate, Newcastle upon Tyne, NE6 is £121,949. Average asking price is £117,816 while average price paid is £99,287 which is up by £14,112 and Avg. asking rent £836.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 Fossway, Walkergate, Newcastle upon Tyne, NE6 area. In last 3 years alone average price buyer paid is around £99,287 based on approximately 12 sales in Fossway, Walkergate, Newcastle upon Tyne, NE6 area alone. If you compare it to last 5 years sales of 20 properties where buyers paid around £96,747. It has been same for some time now for e.g. if you take an average of amount paid in last 7 years, it comes to around £99,216 for 25 per sale.