Average Price for property in Herrick Street, Westerhope, Newcastle upon Tyne, NE5 is around £83,501 e.g. average price for semi-detached is around 83,501. Values have been changing and have risen £226 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,007 in last 6 months, £5,177 in last 1 year, £5,873 in last 2 years, £8,809 in last 3 years, £5,255 in last 4 years and £4,805 in last 5 years.
Currently average asking price of a property in Herrick Street, Westerhope, 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 Herrick Street, Westerhope, Newcastle upon Tyne, NE5 is £83,501. Average asking price is £129,371 while average price paid is £98,000 which is up by £8,809 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 Herrick Street, Westerhope, Newcastle upon Tyne, NE5 area. In last 3 years alone average price buyer paid is around £98,000 based on approximately 1 sales in Herrick Street, Westerhope, Newcastle upon Tyne, NE5 area alone. If you compare it to last 5 years sales of 3 properties where buyers paid around £67,666. 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 £67,750 for 4 per sale.