Values have been changing and have risen £258 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £546 in last 6 months, £5,402 in last 1 year, £8,482 in last 2 years, £9,283 in last 3 years, £9,104 in last 4 years and £8,299 in last 5 years.
Currently average asking price of a property in Kentmere Place, Newcastle-under-Lyme, ST5 is around £211,552 based on approximately 2 properties for sale. Same is the case with rental options based on 315 properties up for rent, average asking rent is around £2,800 per month.
Estimated property value in Kentmere Place, Newcastle-under-Lyme, ST5 is £107,431. Average asking price is £211,552 while average price paid is £102,250 which is up by £5,402 and Avg. asking rent £2,800.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 Kentmere Place, Newcastle-under-Lyme, ST5 area. In last 1 year alone average price buyer paid is around £102,250 based on approximately 2 sales in Kentmere Place, Newcastle-under-Lyme, ST5 area alone. If you compare it to last 3 years sales of 5 properties where buyers paid around £106,180. 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 £101,816 for 6 and average amount paid for purchase of approx. 8 properties sold in last 7 years comes to about £108,549 per sale.