Average Price for property in Middle Drive, Ponteland, Newcastle upon Tyne, NE20 is around £512,725 which varies based on type of property you are interested in and ranges from £527,876 for detached house to around £391,513 for semi-detached. Similarly flat is around £166,507. Values have been changing and have risen £2,013 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £6,962 in last 6 months, £30,031 in last 1 year, £40,890 in last 2 years, £54,475 in last 3 years, £24,561 in last 4 years and £26,314 in last 5 years.
Currently average asking price of a property in Middle Drive, Ponteland, Newcastle upon Tyne, NE20 is around £544,404 based on approximately 8 properties for sale. Same is the case with rental options based on 61 properties up for rent, average asking rent is around £1,546 per month.
Estimated property value in Middle Drive, Ponteland, Newcastle upon Tyne, NE20 is £512,725. Average asking price is £544,404 while average price paid is £490,124 which is up by £30,031 and Avg. asking rent £1,546.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 Middle Drive, Ponteland, Newcastle upon Tyne, NE20 area. In last 1 year alone average price buyer paid is around £490,124 based on approximately 8 sales in Middle Drive, Ponteland, Newcastle upon Tyne, NE20 area alone. If you compare it to last 3 years sales of 21 properties where buyers paid around £426,283. 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 £443,875 for 35 and average amount paid for purchase of approx. 39 properties sold in last 7 years comes to about £427,580 per sale.