Average Price for property in Friars Way, Newcastle upon Tyne, NE5 is around £107,200 which varies based on type of property you are interested in and ranges from £157,647 for semi-detached to around £98,791 for terraced house. Values have been changing and have risen £293 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,302 in last 6 months, £6,679 in last 1 year, £7,577 in last 2 years, £11,363 in last 3 years, £6,775 in last 4 years and £6,190 in last 5 years.
Currently average asking price of a property in Friars Way, Newcastle upon Tyne, NE5 is around £129,371 based on approximately 5 properties for sale. Same is the case with rental options based on 76 properties up for rent, average asking rent is around £1,398 per month.
Estimated property value in Friars Way, Newcastle upon Tyne, NE5 is £107,200. Average asking price is £129,371 while average price paid is £159,158 which is up by £6,679 and Avg. asking rent £1,398.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 Friars Way, Newcastle upon Tyne, NE5 area. In last 1 year alone average price buyer paid is around £159,158 based on approximately 5 sales in Friars Way, Newcastle upon Tyne, NE5 area alone. If you compare it to last 3 years sales of 17 properties where buyers paid around £147,391. 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 £147,391 for 17 and average amount paid for purchase of approx. 20 properties sold in last 7 years comes to about £139,380 per sale.