Average Price for property in King Street, Newcastle upon Tyne, NE1 is around £190,727 which varies based on type of property you are interested in and ranges from £154,572 for detached house to around £196,753 for a flat. Values have been changing and have risen £273 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £747 in last 6 months, £10,990 in last 1 year, £15,849 in last 2 years, £21,211 in last 3 years, £10,365 in last 4 years and £7,329 in last 5 years.
Currently average asking price of a property in King Street, Newcastle upon Tyne, NE1 is around £193,393 based on approximately 1 properties for sale. Same is the case with rental options based on 523 properties up for rent, average asking rent is around £1,336 per month.
Estimated property value in King Street, Newcastle upon Tyne, NE1 is £190,727. Average asking price is £193,393 while average price paid is £115,000 which is up by £10,990 and Avg. asking rent £1,336.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 King Street, Newcastle upon Tyne, NE1 area. In last 1 year alone average price buyer paid is around £115,000 based on approximately 1 sales in King Street, Newcastle upon Tyne, NE1 area alone. If you compare it to last 3 years sales of 1 properties where buyers paid around £115,000. 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 £195,000 for 2 and average amount paid for purchase of approx. 4 properties sold in last 7 years comes to about £256,250 per sale.