Average Price for property in Launceston Close, Newcastle upon Tyne, NE3 is around £165,340 which varies based on type of property you are interested in and ranges from £259,033 for detached house to around £168,804 for semi-detached. Similarly terraced house is around £145,066. Values have been changing and have risen £137 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £105 in last 6 months, £10,340 in last 1 year, £12,606 in last 2 years, £20,051 in last 3 years, £13,456 in last 4 years and £11,742 in last 5 years.
Currently average asking price of a property in Launceston Close, Newcastle upon Tyne, NE3 is around £229,283 based on approximately 6 properties for sale. Same is the case with rental options based on 324 properties up for rent, average asking rent is around £1,031 per month.
Estimated property value in Launceston Close, Newcastle upon Tyne, NE3 is £165,340. Average asking price is £229,283 while average price paid is £156,166 which is up by £10,340 and Avg. asking rent £1,031.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 Launceston Close, Newcastle upon Tyne, NE3 area. In last 1 year alone average price buyer paid is around £156,166 based on approximately 6 sales in Launceston Close, Newcastle upon Tyne, NE3 area alone. If you compare it to last 3 years sales of 11 properties where buyers paid around £138,318. 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 £134,233 for 15 and average amount paid for purchase of approx. 17 properties sold in last 7 years comes to about £134,500 per sale.