Average Price for property in Newlyn Drive, Cramlington, NE23 is around £124,360 which varies based on type of property you are interested in and ranges from £181,032 for detached house to around £142,110 for semi-detached. Similarly terraced house is around £118,690 and a flat is worth £80,097. Values have been changing and have risen £716 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,440 in last 6 months, £5,784 in last 1 year, £6,599 in last 2 years, £13,120 in last 3 years, £6,832 in last 4 years and £5,855 in last 5 years.
Currently average asking price of a property in Newlyn Drive, Cramlington, NE23 is around £159,083 based on approximately 5 properties for sale. Same is the case with rental options based on 75 properties up for rent, average asking rent is around £551 per month.
Estimated property value in Newlyn Drive, Cramlington, NE23 is £124,360. Average asking price is £159,083 while average price paid is £114,600 which is up by £5,784 and Avg. asking rent £551.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 Newlyn Drive, Cramlington, NE23 area. In last 1 year alone average price buyer paid is around £114,600 based on approximately 5 sales in Newlyn Drive, Cramlington, NE23 area alone. If you compare it to last 3 years sales of 15 properties where buyers paid around £114,866. 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 £119,449 for 21 and average amount paid for purchase of approx. 26 properties sold in last 7 years comes to about £126,976 per sale.