Average Price for property in Meldon Terrace, Heaton, Newcastle upon Tyne, NE6 is around £173,724 which varies based on type of property you are interested in and ranges from £193,537 for terraced house to around £119,238 for a flat. Values have been changing and have risen £44 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £464 in last 6 months, £12,462 in last 1 year, £14,979 in last 2 years, £20,972 in last 3 years, £12,627 in last 4 years and £11,295 in last 5 years.
Currently average asking price of a property in Meldon Terrace, Heaton, Newcastle upon Tyne, NE6 is around £117,816 based on approximately 3 properties for sale. Same is the case with rental options based on 1,199 properties up for rent, average asking rent is around £836 per month.
Estimated property value in Meldon Terrace, Heaton, Newcastle upon Tyne, NE6 is £173,724. Average asking price is £117,816 while average price paid is £151,333 which is up by £12,462 and Avg. asking rent £836.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, Heaton, Newcastle upon Tyne, NE6 area. In last 1 year alone average price buyer paid is around £151,333 based on approximately 3 sales in Meldon Terrace, Heaton, Newcastle upon Tyne, NE6 area alone. If you compare it to last 3 years sales of 10 properties where buyers paid around £158,390. 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 £164,742 for 14 and average amount paid for purchase of approx. 21 properties sold in last 7 years comes to about £151,852 per sale.