Average Price for property in Mayfield, Whickham, Newcastle upon Tyne, NE16 is around £241,116 which varies based on type of property you are interested in and ranges from £245,184 for semi-detached to around £230,948 for terraced house. Values have been changing and have risen £608 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,660 in last 6 months, £13,122 in last 1 year, £16,670 in last 2 years, £25,688 in last 3 years, £15,111 in last 4 years and £12,585 in last 5 years.
Currently average asking price of a property in Mayfield, Whickham, Newcastle upon Tyne, NE16 is around £202,030 based on approximately 1 properties for sale. Same is the case with rental options based on 37 properties up for rent, average asking rent is around £554 per month.
Estimated property value in Mayfield, Whickham, Newcastle upon Tyne, NE16 is £241,116. Average asking price is £202,030 while average price paid is £215,000 which is up by £13,122 and Avg. asking rent £554.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 Mayfield, Whickham, Newcastle upon Tyne, NE16 area. In last 1 year alone average price buyer paid is around £215,000 based on approximately 1 sales in Mayfield, Whickham, Newcastle upon Tyne, NE16 area alone. If you compare it to last 3 years sales of 2 properties where buyers paid around £200,000. 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 £186,333 for 3 and average amount paid for purchase of approx. 4 properties sold in last 7 years comes to about £197,250 per sale.