Average Price for property in Norham Place, Jesmond, Newcastle upon Tyne, NE2 is around £242,819 e.g. average price for terraced house is around 242,819. Values have been changing and have risen £871 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,825 in last 6 months, £11,821 in last 1 year, £15,473 in last 2 years, £24,039 in last 3 years, £15,068 in last 4 years and £13,546 in last 5 years.
Currently average asking price of a property in Norham Place, Jesmond, Newcastle upon Tyne, NE2 is around £273,264 based on approximately 0 properties for sale. Same is the case with rental options based on 1,536 properties up for rent, average asking rent is around £1,022 per month.
Estimated property value in Norham Place, Jesmond, Newcastle upon Tyne, NE2 is £242,819. Average asking price is £273,264 while average price paid is £210,000 which is up by £24,039 and Avg. asking rent £1,022.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 Norham Place, Jesmond, Newcastle upon Tyne, NE2 area. In last 3 years alone average price buyer paid is around £210,000 based on approximately 3 sales in Norham Place, Jesmond, Newcastle upon Tyne, NE2 area alone. If you compare it to last 5 years sales of 3 properties where buyers paid around £210,000. It has been same for some time now for e.g. if you take an average of amount paid in last 7 years, it comes to around £210,000 for 3 per sale.