Average Price for property in Lilac Crescent, Burnopfield, Newcastle upon Tyne, NE16 is around £103,241 which varies based on type of property you are interested in and ranges from £103,473 for semi-detached to around £102,122 for terraced house. Values have been changing and have risen £259 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £708 in last 6 months, £5,617 in last 1 year, £7,138 in last 2 years, £11,001 in last 3 years, £6,478 in last 4 years and £5,403 in last 5 years.
Currently average asking price of a property in Lilac Crescent, Burnopfield, Newcastle upon Tyne, NE16 is around £201,650 based on approximately 2 properties for sale. Same is the case with rental options based on 37 properties up for rent, average asking rent is around £554 per month.
Estimated property value in Lilac Crescent, Burnopfield, Newcastle upon Tyne, NE16 is £103,241. Average asking price is £201,650 while average price paid is £84,975 which is up by £5,617 and Avg. asking rent £554.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 Lilac Crescent, Burnopfield, Newcastle upon Tyne, NE16 area. In last 1 year alone average price buyer paid is around £84,975 based on approximately 2 sales in Lilac Crescent, Burnopfield, Newcastle upon Tyne, NE16 area alone. If you compare it to last 3 years sales of 7 properties where buyers paid around £79,300. 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 £85,788 for 9 and average amount paid for purchase of approx. 10 properties sold in last 7 years comes to about £81,210 per sale.