Average Price for property in North Terrace, West Allotment, Newcastle upon Tyne, NE27 is around £90,547 e.g. average price for terraced house is around 90,547. Values have been changing and have risen £400 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £825 in last 6 months, £4,929 in last 1 year, £7,463 in last 2 years, £10,002 in last 3 years, £4,752 in last 4 years and £5,204 in last 5 years.
Currently average asking price of a property in North Terrace, West Allotment, Newcastle upon Tyne, NE27 is around £163,490 based on approximately 2 properties for sale. Same is the case with rental options based on 23 properties up for rent, average asking rent is around £846 per month.
Estimated property value in North Terrace, West Allotment, Newcastle upon Tyne, NE27 is £90,547. Average asking price is £163,490 while average price paid is £84,875 which is up by £4,929 and Avg. asking rent £846.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 North Terrace, West Allotment, Newcastle upon Tyne, NE27 area. In last 1 year alone average price buyer paid is around £84,875 based on approximately 2 sales in North Terrace, West Allotment, Newcastle upon Tyne, NE27 area alone. If you compare it to last 3 years sales of 3 properties where buyers paid around £89,416. 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 £89,416 for 3 and average amount paid for purchase of approx. 4 properties sold in last 7 years comes to about £91,187 per sale.