Average Price for property in Newcastle is around £154,014 which varies based on type of property you are interested in and ranges from £226,280 for detached house to around £127,563 for semi-detached. Similarly terraced house is around £98,238 and a flat is worth £103,905. Values have been changing and have risen £1,992 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £638 in last 6 months, £6,131 in last 1 year, £10,430 in last 2 years, £8,216 in last 3 years, £11,902 in last 4 years and £22,781 in last 5 years.
Currently average asking price of a property in Newcastle is around £148,171 based on approximately 0 properties for sale. Same is the case with rental options based on 104 properties up for rent, average asking rent is around £509 per month.
Estimated property value in Newcastle is £154,014. Average asking price is £148,171 while average price paid is £165,000 which is up by £8,216 and Avg. asking rent £509.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 Newcastle area. In last 3 years alone average price buyer paid is around £165,000 based on approximately 1 sales in Newcastle area alone. If you compare it to last 5 years sales of 7 properties where buyers paid around £184,002.