Average Price for property in Montagu Avenue, Gosforth, Newcastle upon Tyne, NE3 is around £596,126 which varies based on type of property you are interested in and ranges from £1,005,501 for detached house to around £346,967 for semi-detached. Similarly terraced house is around £442,980. Values have been changing and have risen £479 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £362 in last 6 months, £36,516 in last 1 year, £44,502 in last 2 years, £70,787 in last 3 years, £47,471 in last 4 years and £41,400 in last 5 years.
Currently average asking price of a property in Montagu Avenue, Gosforth, Newcastle upon Tyne, NE3 is around £229,283 based on approximately 6 properties for sale. Same is the case with rental options based on 324 properties up for rent, average asking rent is around £1,031 per month.
Estimated property value in Montagu Avenue, Gosforth, Newcastle upon Tyne, NE3 is £596,126. Average asking price is £229,283 while average price paid is £495,916 which is up by £36,516 and Avg. asking rent £1,031.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 Montagu Avenue, Gosforth, Newcastle upon Tyne, NE3 area. In last 1 year alone average price buyer paid is around £495,916 based on approximately 6 sales in Montagu Avenue, Gosforth, Newcastle upon Tyne, NE3 area alone. If you compare it to last 3 years sales of 13 properties where buyers paid around £488,307. 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 £450,500 for 16 and average amount paid for purchase of approx. 22 properties sold in last 7 years comes to about £524,727 per sale.