Average Price for property in Medburn, Newcastle upon Tyne, NE20 is around £685,497 which varies based on type of property you are interested in and ranges from £685,497 for detached house to around £291,531 for semi-detached. Values have been changing and have risen £2,584 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £8,933 in last 6 months, £38,534 in last 1 year, £52,464 in last 2 years, £69,896 in last 3 years, £31,510 in last 4 years and £33,759 in last 5 years.
Currently average asking price of a property in Medburn, Newcastle upon Tyne, NE20 is around £544,600 based on approximately 0 properties for sale. Same is the case with rental options based on 61 properties up for rent, average asking rent is around £1,516 per month.
Estimated property value in Medburn, Newcastle upon Tyne, NE20 is £685,497. Average asking price is £544,600 while average price paid is £490,000 which is up by £69,896 and Avg. asking rent £1,516.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 Medburn, Newcastle upon Tyne, NE20 area. In last 3 years alone average price buyer paid is around £490,000 based on approximately 1 sales in Medburn, Newcastle upon Tyne, NE20 area alone. If you compare it to last 5 years sales of 4 properties where buyers paid around £544,375. 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 £544,375 for 4 per sale.