Average Price for property in Lancaster Way, Jarrow, NE32 is around £125,346 which varies based on type of property you are interested in and ranges from £228,643 for detached house to around £146,464 for semi-detached. Similarly terraced house is around £82,601 and a flat is worth £92,568. Values have been changing and have risen £609 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,999 in last 6 months, £5,762 in last 1 year, £9,711 in last 2 years, £12,956 in last 3 years, £5,424 in last 4 years and £6,939 in last 5 years.
Currently average asking price of a property in Lancaster Way, Jarrow, NE32 is around £126,145 based on approximately 2 properties for sale. Same is the case with rental options based on 40 properties up for rent, average asking rent is around £579 per month.
Estimated property value in Lancaster Way, Jarrow, NE32 is £125,346. Average asking price is £126,145 while average price paid is £147,500 which is up by £5,762 and Avg. asking rent £579.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 Lancaster Way, Jarrow, NE32 area. In last 1 year alone average price buyer paid is around £147,500 based on approximately 2 sales in Lancaster Way, Jarrow, NE32 area alone. If you compare it to last 3 years sales of 3 properties where buyers paid around £152,333. 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 £134,875 for 4 and average amount paid for purchase of approx. 4 properties sold in last 7 years comes to about £134,875 per sale.