Manor Avenue, Benton, Newcastle upon Tyne, NE7

Street Guide For Manor Avenue, Benton, Newcastle upon Tyne, NE7

 

Manor Avenue, Benton, Newcastle upon Tyne, NE7 Map

Estimated Price: £255,612
Average Asking Price: £194,596
Price change in last one year: £18,263
Average Price Paid: £233,750
Average Rent Rates: £801

 

Property Prices Breakdown in Manor Avenue, Benton, Newcastle upon Tyne, NE7

Average Price for property in Manor Avenue, Benton, Newcastle upon Tyne, NE7 is around £255,612 which varies based on type of property you are interested in and ranges from £253,778 for detached house to around £266,226 for semi-detached. Similarly terraced house is around £236,217. Values have been changing and have risen £32 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £298 in last 6 months, £18,263 in last 1 year, £20,901 in last 2 years, £27,957 in last 3 years, £18,833 in last 4 years and £16,959 in last 5 years.

Currently average asking price of a property in Manor Avenue, Benton, Newcastle upon Tyne, NE7 is around £194,596 based on approximately 0 properties for sale. Same is the case with rental options based on 84 properties up for rent, average asking rent is around £801 per month.

Estimated property value in Manor Avenue, Benton, Newcastle upon Tyne, NE7 is £255,612. Average asking price is £194,596 while average price paid is £222,500 which is up by £27,957 and Avg. asking rent £801.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 Manor Avenue, Benton, Newcastle upon Tyne, NE7 area. In last 3 years alone average price buyer paid is around £222,500 based on approximately 1 sales in Manor Avenue, Benton, Newcastle upon Tyne, NE7 area alone. If you compare it to last 5 years sales of 2 properties where buyers paid around £233,750. 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 £230,833 for 3 per sale.

 
 

Breakdown of asking prices for homes of different sizes show that price varies clearly based on no of bedrooms and type of house. Asking price for a house with 2 bedroom is around £189,642, £198,812 for a 3 bedroom house, £304,153 for a 4 bedroom house and £379,983 for a 5 bedroom house. For a flat similarly the prices varies from £109,950 for a single bedroom to £124,930 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £144,167. To sum up the asking prices for properties in Manor Avenue, Benton, Newcastle upon Tyne, NE7 it comes to around average £109,950 for 1 bedroom property, £135,147 for 2 bedroom, £189,169 for 3 bedroom, £304,153 for 4 bedroom and £379,983 for a 5 bedroom property.

Rent per calendar month varies similarly based on type and size of the house. If you look at the rents per month for houses alone it can vary from £394 for 1 bedroom to £705 for 2 bedrooms, £962 for 3 bedrooms, £1,001 for 4 bedrooms and £1,400 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £693. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £683. You should be generally be expecting around average £544 rent per month for single bedroom property, £685 for 2 bedroom, £962 for 3 bedroom, £1,001 for 4 bedroom and approximately £1,400 for a 5 bedroom property in Manor Avenue, Benton, Newcastle upon Tyne, NE7 area.

Popular Houses in Manor Avenue, Benton, Newcastle upon Tyne, NE7

Disclaimer : Location real estate estimates and values are based on House price index background data and Sales data provided by United Kingdom Land registry Records available as public records from their website. This information is updated monthly on our website and may not reflect all public transactions. This information is based on estimated calculation generated from our developed algorithms. We are striving to make this information as accurate and useful as possible. This data covers the transactions received at Land Registry in the period 1/1/1995 to 9/1/2014. © Crown copyright 2014. Data produced by Land Registry © Crown copyright 2014.

Areas in and around Manor Avenue, Benton, Newcastle upon Tyne, NE7