Average Price for property in Love Lane, Newcastle upon Tyne, NE1 is around £214,465 which varies based on type of property you are interested in and ranges from £236,331 for detached house to around £212,715 for a flat. Values have been changing and have risen £299 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £819 in last 6 months, £12,025 in last 1 year, £17,342 in last 2 years, £23,210 in last 3 years, £11,344 in last 4 years and £8,019 in last 5 years.
Currently average asking price of a property in Love Lane, Newcastle upon Tyne, NE1 is around £193,393 based on approximately 2 properties for sale. Same is the case with rental options based on 523 properties up for rent, average asking rent is around £1,336 per month.
Estimated property value in Love Lane, Newcastle upon Tyne, NE1 is £214,465. Average asking price is £193,393 while average price paid is £112,750 which is up by £12,025 and Avg. asking rent £1,336.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 Love Lane, Newcastle upon Tyne, NE1 area. In last 1 year alone average price buyer paid is around £112,750 based on approximately 2 sales in Love Lane, Newcastle upon Tyne, NE1 area alone. If you compare it to last 3 years sales of 5 properties where buyers paid around £190,100. 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 £176,187 for 8 and average amount paid for purchase of approx. 12 properties sold in last 7 years comes to about £185,125 per sale.