Average Price for property in Lonnen Avenue, Fenham, Newcastle upon Tyne, NE4 is around £114,652 which varies based on type of property you are interested in and ranges from £125,195 for semi-detached to around £108,326 for terraced house. Values have been changing and have risen £160 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £75 in last 6 months, £6,485 in last 1 year, £9,909 in last 2 years, £13,715 in last 3 years, £7,930 in last 4 years and £8,216 in last 5 years.
Currently average asking price of a property in Lonnen Avenue, Fenham, Newcastle upon Tyne, NE4 is around £125,288 based on approximately 0 properties for sale. Same is the case with rental options based on 509 properties up for rent, average asking rent is around £716 per month.
Estimated property value in Lonnen Avenue, Fenham, Newcastle upon Tyne, NE4 is £114,652. Average asking price is £125,288 while average price paid is £114,500 which is up by £13,715 and Avg. asking rent £716.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 Lonnen Avenue, Fenham, Newcastle upon Tyne, NE4 area. In last 3 years alone average price buyer paid is around £114,500 based on approximately 4 sales in Lonnen Avenue, Fenham, Newcastle upon Tyne, NE4 area alone. If you compare it to last 5 years sales of 7 properties where buyers paid around £104,642. It has been same for some time now for e.g. if you take an average of amount paid in last 7 years, it comes to around £98,850 for 10 per sale.