Average Price for property in Lenin Terrace, Chopwell, Newcastle upon Tyne, NE17 is around £88,722 which varies based on type of property you are interested in and ranges from £87,119 for semi-detached to around £89,124 for terraced house. Values have been changing and have risen £107 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £525 in last 6 months, £5,323 in last 1 year, £7,051 in last 2 years, £9,744 in last 3 years, £6,257 in last 4 years and £5,003 in last 5 years.
Currently average asking price of a property in Lenin Terrace, Chopwell, Newcastle upon Tyne, NE17 is around £96,488 based on approximately 1 properties for sale. Same is the case with rental options based on 20 properties up for rent, average asking rent is around £406 per month.
Estimated property value in Lenin Terrace, Chopwell, Newcastle upon Tyne, NE17 is £88,722. Average asking price is £96,488 while average price paid is £73,250 which is up by £5,323 and Avg. asking rent £406.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 Lenin Terrace, Chopwell, Newcastle upon Tyne, NE17 area. In last 1 year alone average price buyer paid is around £73,250 based on approximately 1 sales in Lenin Terrace, Chopwell, Newcastle upon Tyne, NE17 area alone. If you compare it to last 3 years sales of 3 properties where buyers paid around £69,416. 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 £74,562 for 4 and average amount paid for purchase of approx. 4 properties sold in last 7 years comes to about £74,562 per sale.