Average Price for property in Griffith Terrace, West Allotment, Newcastle upon Tyne, NE27 is around £91,636 e.g. average price for terraced house is around 91,636. Values have been changing and have risen £410 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £846 in last 6 months, £5,054 in last 1 year, £7,652 in last 2 years, £10,256 in last 3 years, £4,873 in last 4 years and £5,336 in last 5 years.
Currently average asking price of a property in Griffith Terrace, West Allotment, Newcastle upon Tyne, NE27 is around £163,490 based on approximately 1 properties for sale. Same is the case with rental options based on 23 properties up for rent, average asking rent is around £846 per month.
Estimated property value in Griffith Terrace, West Allotment, Newcastle upon Tyne, NE27 is £91,636. Average asking price is £163,490 while average price paid is £83,000 which is up by £5,054 and Avg. asking rent £846.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 Griffith Terrace, West Allotment, Newcastle upon Tyne, NE27 area. In last 1 year alone average price buyer paid is around £83,000 based on approximately 1 sales in Griffith Terrace, West Allotment, Newcastle upon Tyne, NE27 area alone. If you compare it to last 3 years sales of 5 properties where buyers paid around £79,200. 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 £84,750 for 8 and average amount paid for purchase of approx. 10 properties sold in last 7 years comes to about £88,100 per sale.