Average Price for property in Meridian Way, Newcastle upon Tyne, NE7 is around £236,315 which varies based on type of property you are interested in and ranges from £232,433 for semi-detached to around £251,846 for terraced house. Values have been changing and have risen £29 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £268 in last 6 months, £16,432 in last 1 year, £18,808 in last 2 years, £25,157 in last 3 years, £16,950 in last 4 years and £15,265 in last 5 years.
Currently average asking price of a property in Meridian Way, Newcastle upon Tyne, NE7 is around £194,596 based on approximately 1 properties for sale. Same is the case with rental options based on 85 properties up for rent, average asking rent is around £799 per month.
Estimated property value in Meridian Way, Newcastle upon Tyne, NE7 is £236,315. Average asking price is £194,596 while average price paid is £229,950 which is up by £16,432 and Avg. asking rent £799.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 Meridian Way, Newcastle upon Tyne, NE7 area. In last 1 year alone average price buyer paid is around £229,950 based on approximately 1 sales in Meridian Way, Newcastle upon Tyne, NE7 area alone. If you compare it to last 3 years sales of 2 properties where buyers paid around £193,975. 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 £193,975 for 2 and average amount paid for purchase of approx. 2 properties sold in last 7 years comes to about £193,975 per sale.