Average Price for property in Moralee Close, Benton, Newcastle upon Tyne, NE7 is around £203,160 Values have been changing and have risen £1,083 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £572 in last 6 months, £14,804 in last 1 year, £20,891 in last 2 years, £23,007 in last 3 years, £13,832 in last 4 years and £16,445 in last 5 years.
Currently average asking price of a property in Moralee Close, Benton, Newcastle upon Tyne, NE7 is around £247,556 based on approximately 33 properties for sale. Same is the case with rental options based on 10 properties up for rent, average asking rent is around £1,063 per month.
Estimated property value in Moralee Close, Benton, Newcastle upon Tyne, NE7 is £203,160. Average asking price is £247,556 while average price paid is £149,436 which is up by £14,804 and Avg. asking rent £1,063.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 Moralee Close, Benton, Newcastle upon Tyne, NE7 area. In last 1 year alone average price buyer paid is around £149,436 based on approximately 33 sales in Moralee Close, Benton, Newcastle upon Tyne, NE7 area alone. If you compare it to last 3 years sales of 91 properties where buyers paid around £156,962. 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 £178,192 for 157 and average amount paid for purchase of approx. 225 properties sold in last 7 years comes to about £178,322 per sale.