Average Price for property in Newcastleton is around £174,526 which varies based on type of property you are interested in and ranges from £262,026 for detached house to around £143,109 for semi-detached. Similarly terraced house is around £119,180 and a flat is worth £80,981. Values have been changing and have risen £430 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £242 in last 6 months, £5,227 in last 1 year, £15,509 in last 2 years, £14,992 in last 3 years, £19,735 in last 4 years and £15,144 in last 5 years.
Currently average asking price of a property in Newcastleton is around £185,545 based on approximately 9 properties for sale. Same is the case with rental options based on 3 properties up for rent, average asking rent is around £423 per month.
Estimated property value in Newcastleton is £174,526. Average asking price is £185,545 while average price paid is £105,333 which is up by £5,227 and Avg. asking rent £423.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 Newcastleton area. In last 1 year alone average price buyer paid is around £105,333 based on approximately 9 sales in Newcastleton area alone. If you compare it to last 3 years sales of 34 properties where buyers paid around £127,941. 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 £129,014 for 63 and average amount paid for purchase of approx. 89 properties sold in last 7 years comes to about £128,369 per sale.