Average Price for property in Jesmond Gardens, Jesmond, Newcastle upon Tyne, NE2 is around £317,541 which varies based on type of property you are interested in and ranges from £401,222 for terraced house to around £257,769 for a flat. Values have been changing and have risen £1,227 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £3,980 in last 6 months, £16,649 in last 1 year, £21,793 in last 2 years, £33,858 in last 3 years, £21,220 in last 4 years and £19,077 in last 5 years.
Currently average asking price of a property in Jesmond Gardens, Jesmond, Newcastle upon Tyne, NE2 is around £273,264 based on approximately 3 properties for sale. Same is the case with rental options based on 1,536 properties up for rent, average asking rent is around £1,022 per month.
Estimated property value in Jesmond Gardens, Jesmond, Newcastle upon Tyne, NE2 is £317,541. Average asking price is £273,264 while average price paid is £234,000 which is up by £16,649 and Avg. asking rent £1,022.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 Jesmond Gardens, Jesmond, Newcastle upon Tyne, NE2 area. In last 1 year alone average price buyer paid is around £234,000 based on approximately 3 sales in Jesmond Gardens, Jesmond, Newcastle upon Tyne, NE2 area alone. If you compare it to last 3 years sales of 4 properties where buyers paid around £234,875. 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 £250,785 for 7 and average amount paid for purchase of approx. 8 properties sold in last 7 years comes to about £241,625 per sale.