Average Price for property in Loweswood Close, Jesmond, Newcastle upon Tyne, NE7 is around £330,119 Values have been changing and have risen £1,707 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £902 in last 6 months, £23,337 in last 1 year, £32,928 in last 2 years, £36,260 in last 3 years, £21,790 in last 4 years and £25,904 in last 5 years.
Currently average asking price of a property in Loweswood Close, Jesmond, Newcastle upon Tyne, NE7 is around £338,552 based on approximately 181 properties for sale. Same is the case with rental options based on 888 properties up for rent, average asking rent is around £940 per month.
Estimated property value in Loweswood Close, Jesmond, Newcastle upon Tyne, NE7 is £330,119. Average asking price is £338,552 while average price paid is £318,171 which is up by £23,337 and Avg. asking rent £940.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 Loweswood Close, Jesmond, Newcastle upon Tyne, NE7 area. In last 1 year alone average price buyer paid is around £318,171 based on approximately 181 sales in Loweswood Close, Jesmond, Newcastle upon Tyne, NE7 area alone. If you compare it to last 3 years sales of 486 properties where buyers paid around £293,748. 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 £295,548 for 788 and average amount paid for purchase of approx. 1,123 properties sold in last 7 years comes to about £292,904 per sale.