Values have been changing and have risen £622 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,538 in last 6 months, £5,663 in last 1 year, £7,823 in last 2 years, £12,263 in last 3 years, £6,163 in last 4 years and £5,753 in last 5 years.
Currently average asking price of a property in Mcnamara Road, Wallsend, NE28 is around £115,513 based on approximately 3 properties for sale. Same is the case with rental options based on 81 properties up for rent, average asking rent is around £545 per month.
Estimated property value in Mcnamara Road, Wallsend, NE28 is £121,868. Average asking price is £115,513 while average price paid is £112,125 which is up by £5,663 and Avg. asking rent £545.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 Mcnamara Road, Wallsend, NE28 area. In last 1 year alone average price buyer paid is around £112,125 based on approximately 3 sales in Mcnamara Road, Wallsend, NE28 area alone. If you compare it to last 3 years sales of 8 properties where buyers paid around £97,359. 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 £104,739 for 16 and average amount paid for purchase of approx. 18 properties sold in last 7 years comes to about £108,876 per sale.