Average Price for property in NE17 is around £108,372 which varies based on type of property you are interested in and ranges from £207,541 for detached house to around £142,078 for semi-detached. Similarly terraced house is around £79,145 and a flat is worth £83,248. Values have been changing and have risen £141 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £689 in last 6 months, £6,974 in last 1 year, £9,238 in last 2 years, £12,766 in last 3 years, £8,194 in last 4 years and £6,548 in last 5 years.
Currently average asking price of a property in NE17 is around £95,326 based on approximately 56 properties for sale. Same is the case with rental options based on 20 properties up for rent, average asking rent is around £402 per month.
Estimated property value in NE17 is £108,372. Average asking price is £95,326 while average price paid is £93,169 which is up by £6,974 and Avg. asking rent £402.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 NE17 area. In last 1 year alone average price buyer paid is around £93,169 based on approximately 56 sales in NE17 area alone. If you compare it to last 3 years sales of 177 properties where buyers paid around £89,667. 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 £87,188 for 282 and average amount paid for purchase of approx. 416 properties sold in last 7 years comes to about £96,881 per sale.