Mill Race Close, Blackhall Mill, Newcastle upon Tyne, NE17

Street Guide For Mill Race Close, Blackhall Mill, Newcastle upon Tyne, NE17

 

Mill Race Close, Blackhall Mill, Newcastle upon Tyne, NE17 Map

Estimated Price: £186,792
Average Asking Price: £96,488
Price change in last one year: £11,254
Average Price Paid: £125,000
Average Rent Rates: £406

 

Property Prices Breakdown in Mill Race Close, Blackhall Mill, Newcastle upon Tyne, NE17

Average Price for property in Mill Race Close, Blackhall Mill, Newcastle upon Tyne, NE17 is around £186,792 which varies based on type of property you are interested in and ranges from £183,493 for detached house to around £188,991 for semi-detached. Similarly terraced house is around £189,950. Values have been changing and have risen £229 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,114 in last 6 months, £11,254 in last 1 year, £14,904 in last 2 years, £20,595 in last 3 years, £13,210 in last 4 years and £10,550 in last 5 years.

Currently average asking price of a property in Mill Race Close, Blackhall Mill, Newcastle upon Tyne, NE17 is around £96,488 based on approximately 0 properties for sale. Same is the case with rental options based on 20 properties up for rent, average asking rent is around £406 per month.

Estimated property value in Mill Race Close, Blackhall Mill, Newcastle upon Tyne, NE17 is £186,792. Average asking price is £96,488 while average price paid is £125,000 which is up by £10,550 and Avg. asking rent £406.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 Mill Race Close, Blackhall Mill, Newcastle upon Tyne, NE17 area. In last 5 years alone average price buyer paid is around £125,000 based on approximately 1 sales in Mill Race Close, Blackhall Mill, Newcastle upon Tyne, NE17 area alone. If you compare it to last 7 years sales of 2 properties where buyers paid around £139,000.

 
 

Breakdown of asking prices for homes of different sizes show that price varies clearly based on no of bedrooms and type of house. Asking price for a house with 1 bedroom is around £39,950, £67,245 for a 2 bedroom house, £114,464 for a 3 bedroom house and £281,225 for a 4 bedroom house. For a flat similarly the prices varies from £58,667 for a 2 bedroom to £69,000 for a 3 bedroom Flat. To sum up the asking prices for properties in Mill Race Close, Blackhall Mill, Newcastle upon Tyne, NE17 it comes to around average £39,950 for 1 bedroom property, £66,173 for 2 bedroom, £112,071 for 3 bedroom and £281,225 for 4 bedroom.

Rent per calendar month varies similarly based on type and size of the house. If you look at the rents per month for houses alone it can vary from £377 for 2 bedroom to £514 for 3 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £351. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £459. You should be generally be expecting around average £351 rent per month for single bedroom property, £403 for 2 bedroom and approximately £514 for 3 bedroom property in Mill Race Close, Blackhall Mill, Newcastle upon Tyne, NE17 area.

Popular Houses in Mill Race Close, Blackhall Mill, Newcastle upon Tyne, NE17

Disclaimer : Location real estate estimates and values are based on House price index background data and Sales data provided by United Kingdom Land registry Records available as public records from their website. This information is updated monthly on our website and may not reflect all public transactions. This information is based on estimated calculation generated from our developed algorithms. We are striving to make this information as accurate and useful as possible. This data covers the transactions received at Land Registry in the period 1/1/1995 to 9/1/2014. © Crown copyright 2014. Data produced by Land Registry © Crown copyright 2014.

Areas in and around Mill Race Close, Blackhall Mill, Newcastle upon Tyne, NE17