Average Price for property in Marlborough Avenue, Gosforth, Newcastle upon Tyne, NE3 is around £218,502 which varies based on type of property you are interested in and ranges from £283,761 for detached house to around £228,561 for semi-detached. Similarly terraced house is around £203,140 and a flat is worth £232,059. Values have been changing and have risen £178 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £136 in last 6 months, £13,524 in last 1 year, £16,485 in last 2 years, £26,222 in last 3 years, £17,592 in last 4 years and £15,348 in last 5 years.
Currently average asking price of a property in Marlborough Avenue, Gosforth, Newcastle upon Tyne, NE3 is around £229,283 based on approximately 5 properties for sale. Same is the case with rental options based on 324 properties up for rent, average asking rent is around £1,031 per month.
Estimated property value in Marlborough Avenue, Gosforth, Newcastle upon Tyne, NE3 is £218,502. Average asking price is £229,283 while average price paid is £199,200 which is up by £13,524 and Avg. asking rent £1,031.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 Marlborough Avenue, Gosforth, Newcastle upon Tyne, NE3 area. In last 1 year alone average price buyer paid is around £199,200 based on approximately 5 sales in Marlborough Avenue, Gosforth, Newcastle upon Tyne, NE3 area alone. If you compare it to last 3 years sales of 11 properties where buyers paid around £188,000. 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 £183,442 for 14 and average amount paid for purchase of approx. 17 properties sold in last 7 years comes to about £182,541 per sale.