Normanton Terrace, Newcastle upon Tyne, NE4

Street Guide For Normanton Terrace, Newcastle upon Tyne, NE4

 
 

Normanton Terrace, Newcastle upon Tyne, NE4 Map

Estimated Price: £109,456
Average Asking Price: £125,288
Price change in last one year: £6,588
Average Price Paid: £107,250
Average Rent Rates: £716

Hybrid Estate Agents (Newcastle)
Newcastle, NE15, NE5, NE20, NE9

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Property Prices Breakdown in Normanton Terrace, Newcastle upon Tyne, NE4

Average Price for property in Normanton Terrace, Newcastle upon Tyne, NE4 is around £109,456 which varies based on type of property you are interested in and ranges from £117,340 for terraced house to around £56,895 for a flat. Values have been changing and have risen £163 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £76 in last 6 months, £6,588 in last 1 year, £10,065 in last 2 years, £13,931 in last 3 years, £8,055 in last 4 years and £8,344 in last 5 years.

Currently average asking price of a property in Normanton Terrace, Newcastle upon Tyne, NE4 is around £125,288 based on approximately 1 properties for sale. Same is the case with rental options based on 509 properties up for rent, average asking rent is around £716 per month.

Estimated property value in Normanton Terrace, Newcastle upon Tyne, NE4 is £109,456. Average asking price is £125,288 while average price paid is £56,000 which is up by £6,588 and Avg. asking rent £716.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 Normanton Terrace, Newcastle upon Tyne, NE4 area. In last 1 year alone average price buyer paid is around £56,000 based on approximately 1 sales in Normanton Terrace, Newcastle upon Tyne, NE4 area alone. If you compare it to last 3 years sales of 2 properties where buyers paid around £87,000. 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 £107,250 for 4 and average amount paid for purchase of approx. 4 properties sold in last 7 years comes to about £107,250 per sale.

 
 
 
 

Breakdown of asking prices for homes of different sizes show that price varies clearly based on no of bedrooms and type of house. Asking price for a house with 1 bedroom is around £91,212, £91,936 for a 2 bedroom house, £118,161 for a 3 bedroom house, £188,408 for a 4 bedroom house and £215,909 for a 5 bedroom house. For a flat similarly the prices varies from £69,460 for a single bedroom to £92,042 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £74,803, £104,975 for a 4 bedroom flat and £119,208 for a 5 bedroom flat. To sum up the asking prices for properties in Normanton Terrace, Newcastle upon Tyne, NE4 it comes to around average £75,675 for 1 bedroom property, £92,005 for 2 bedroom, £109,678 for 3 bedroom, £184,857 for 4 bedroom and £172,560 for a 5 bedroom property.

Rent per calendar month varies similarly based on type and size of the house. If you look at the rents per month for houses alone it can vary from £356 for 1 bedroom to £496 for 2 bedrooms, £650 for 3 bedrooms, £784 for 4 bedrooms and £929 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £442. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £499, £613 for 3 bedroom, £782 for 4 bedroom and around £1,016 for 5 bedroom flat. You should be generally be expecting around average £397 rent per month for single bedroom property, £498 for 2 bedroom, £623 for 3 bedroom, £783 for 4 bedroom and approximately £957 for a 5 bedroom property in Normanton Terrace, Newcastle upon Tyne, NE4 area.

Popular Houses in Normanton Terrace, Newcastle upon Tyne, NE4

Disclaimer : Location real estate estimates and values are based on House price index background data and Sales data provided by United Kingdom Land registry Records available as public records from their website. This information is updated monthly on our website and may not reflect all public transactions. This information is based on estimated calculation generated from our developed algorithms. We are striving to make this information as accurate and useful as possible. This data covers the transactions received at Land Registry in the period 1/1/1995 to 9/1/2014. © Crown copyright 2014. Data produced by Land Registry © Crown copyright 2014.

Areas in and around Normanton Terrace, Newcastle upon Tyne, NE4