Average Price for property in Halton Drive, Backworth, Newcastle upon Tyne, NE27 is around £88,111 e.g. average price for semi-detached is around 88,111. Values have been changing and have risen £386 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £797 in last 6 months, £4,755 in last 1 year, £7,199 in last 2 years, £9,650 in last 3 years, £4,584 in last 4 years and £5,019 in last 5 years.
Currently average asking price of a property in Halton Drive, Backworth, Newcastle upon Tyne, NE27 is around £163,209 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 £852 per month.
Estimated property value in Halton Drive, Backworth, Newcastle upon Tyne, NE27 is £88,111. Average asking price is £163,209 while average price paid is £114,000 which is up by £4,755 and Avg. asking rent £852.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 Halton Drive, Backworth, Newcastle upon Tyne, NE27 area. In last 1 year alone average price buyer paid is around £114,000 based on approximately 1 sales in Halton Drive, Backworth, Newcastle upon Tyne, NE27 area alone. If you compare it to last 3 years sales of 1 properties where buyers paid around £114,000. 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 £114,000 for 1 and average amount paid for purchase of approx. 1 properties sold in last 7 years comes to about £114,000 per sale.