Average Price for property in Meldon Terrace, Greenside, Ryton, NE40 is around £114,534 which varies based on type of property you are interested in and ranges from £175,229 for detached house to around £102,395 for terraced house. Values have been changing and have risen £167 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,013 in last 6 months, £5,605 in last 1 year, £8,579 in last 2 years, £10,905 in last 3 years, £6,218 in last 4 years and £4,725 in last 5 years.
Currently average asking price of a property in Meldon Terrace, Greenside, Ryton, NE40 is around £171,350 based on approximately 1 properties for sale. Same is the case with rental options based on 31 properties up for rent, average asking rent is around £519 per month.
Estimated property value in Meldon Terrace, Greenside, Ryton, NE40 is £114,534. Average asking price is £171,350 while average price paid is £70,000 which is up by £5,605 and Avg. asking rent £519.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 Meldon Terrace, Greenside, Ryton, NE40 area. In last 1 year alone average price buyer paid is around £70,000 based on approximately 1 sales in Meldon Terrace, Greenside, Ryton, NE40 area alone. If you compare it to last 3 years sales of 2 properties where buyers paid around £114,975. 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 £114,975 for 2 and average amount paid for purchase of approx. 2 properties sold in last 7 years comes to about £114,975 per sale.