Average Price for property in NE64 is around £92,925 which varies based on type of property you are interested in and ranges from £161,223 for detached house to around £91,192 for semi-detached. Similarly terraced house is around £88,555 and a flat is worth £59,345. Values have been changing and have risen £116 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £544 in last 6 months, £6,009 in last 1 year, £8,117 in last 2 years, £11,051 in last 3 years, £7,226 in last 4 years and £5,832 in last 5 years.
Currently average asking price of a property in NE64 is around £113,984 based on approximately 58 properties for sale. Same is the case with rental options based on 21 properties up for rent, average asking rent is around £443 per month.
Estimated property value in NE64 is £92,925. Average asking price is £113,984 while average price paid is £84,368 which is up by £6,009 and Avg. asking rent £443.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 NE64 area. In last 1 year alone average price buyer paid is around £84,368 based on approximately 58 sales in NE64 area alone. If you compare it to last 3 years sales of 162 properties where buyers paid around £81,012. 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 £79,858 for 270 and average amount paid for purchase of approx. 406 properties sold in last 7 years comes to about £83,040 per sale.