Average Price for property in Kenmoor Way, Chapel Park, Newcastle upon Tyne, NE5 is around £183,279 which varies based on type of property you are interested in and ranges from £213,839 for detached house to around £177,516 for semi-detached. Similarly terraced house is around £176,710. Values have been changing and have risen £503 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,234 in last 6 months, £11,461 in last 1 year, £12,996 in last 2 years, £19,489 in last 3 years, £11,612 in last 4 years and £10,604 in last 5 years.
Currently average asking price of a property in Kenmoor Way, Chapel Park, Newcastle upon Tyne, NE5 is around £129,347 based on approximately 2 properties for sale. Same is the case with rental options based on 75 properties up for rent, average asking rent is around £1,411 per month.
Estimated property value in Kenmoor Way, Chapel Park, Newcastle upon Tyne, NE5 is £183,279. Average asking price is £129,347 while average price paid is £157,000 which is up by £11,461 and Avg. asking rent £1,411.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 Kenmoor Way, Chapel Park, Newcastle upon Tyne, NE5 area. In last 1 year alone average price buyer paid is around £157,000 based on approximately 2 sales in Kenmoor Way, Chapel Park, Newcastle upon Tyne, NE5 area alone. If you compare it to last 3 years sales of 5 properties where buyers paid around £162,800. 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 £171,615 for 13 and average amount paid for purchase of approx. 16 properties sold in last 7 years comes to about £170,375 per sale.