Average Price for property in NE35 is around £150,404 which varies based on type of property you are interested in and ranges from £233,016 for detached house to around £154,205 for semi-detached. Similarly terraced house is around £102,855 and a flat is worth £76,866. Values have been changing and have risen £248 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,065 in last 6 months, £9,766 in last 1 year, £12,740 in last 2 years, £17,944 in last 3 years, £10,796 in last 4 years and £9,253 in last 5 years.
Currently average asking price of a property in NE35 is around £154,601 based on approximately 65 properties for sale. Same is the case with rental options based on 14 properties up for rent, average asking rent is around £951 per month.
Estimated property value in NE35 is £150,404. Average asking price is £154,601 while average price paid is £121,450 which is up by £9,766 and Avg. asking rent £951.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 NE35 area. In last 1 year alone average price buyer paid is around £121,450 based on approximately 65 sales in NE35 area alone. If you compare it to last 3 years sales of 203 properties where buyers paid around £126,742. 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 £129,304 for 332 and average amount paid for purchase of approx. 470 properties sold in last 7 years comes to about £132,660 per sale.