Average Price for property in Gorse Hill Way, Newcastle upon Tyne, NE5 is around £69,619 which varies based on type of property you are interested in and ranges from £38,987 for detached house to around £71,871 for terraced house. Similarly flat is around £80,434. Values have been changing and have risen £189 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £840 in last 6 months, £4,322 in last 1 year, £4,903 in last 2 years, £7,355 in last 3 years, £4,391 in last 4 years and £4,016 in last 5 years.
Currently average asking price of a property in Gorse Hill Way, Newcastle upon Tyne, NE5 is around £129,371 based on approximately 0 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 Gorse Hill Way, Newcastle upon Tyne, NE5 is £69,619. Average asking price is £129,371 while average price paid is £68,000 which is up by £7,355 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 Gorse Hill Way, Newcastle upon Tyne, NE5 area. In last 3 years alone average price buyer paid is around £68,000 based on approximately 1 sales in Gorse Hill Way, Newcastle upon Tyne, NE5 area alone. If you compare it to last 5 years sales of 1 properties where buyers paid around £68,000. 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 £83,166 for 3 per sale.