Average Price for property in Northumberland Road, Newcastle upon Tyne, NE1 is around £141,895 e.g. average price for a flat is around 141,895. Values have been changing and have risen £186 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £510 in last 6 months, £7,533 in last 1 year, £10,865 in last 2 years, £14,539 in last 3 years, £7,113 in last 4 years and £5,034 in last 5 years.
Currently average asking price of a property in Northumberland Road, Newcastle upon Tyne, NE1 is around £193,393 based on approximately 1 properties for sale. Same is the case with rental options based on 523 properties up for rent, average asking rent is around £1,336 per month.
Estimated property value in Northumberland Road, Newcastle upon Tyne, NE1 is £141,895. Average asking price is £193,393 while average price paid is £148,500 which is up by £7,533 and Avg. asking rent £1,336.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 Northumberland Road, Newcastle upon Tyne, NE1 area. In last 1 year alone average price buyer paid is around £148,500 based on approximately 1 sales in Northumberland Road, Newcastle upon Tyne, NE1 area alone. If you compare it to last 3 years sales of 6 properties where buyers paid around £144,333. 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 £138,327 for 9 and average amount paid for purchase of approx. 13 properties sold in last 7 years comes to about £148,646 per sale.