Average Price for property in Oakfield Drive, Whickham, Newcastle upon Tyne, NE16 is around £208,102 e.g. average price for semi-detached is around 208,102. Values have been changing and have risen £504 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,375 in last 6 months, £10,872 in last 1 year, £13,812 in last 2 years, £21,284 in last 3 years, £12,519 in last 4 years and £10,427 in last 5 years.
Currently average asking price of a property in Oakfield Drive, Whickham, Newcastle upon Tyne, NE16 is around £202,030 based on approximately 1 properties for sale. Same is the case with rental options based on 37 properties up for rent, average asking rent is around £554 per month.
Estimated property value in Oakfield Drive, Whickham, Newcastle upon Tyne, NE16 is £208,102. Average asking price is £202,030 while average price paid is £249,950 which is up by £10,872 and Avg. asking rent £554.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 Oakfield Drive, Whickham, Newcastle upon Tyne, NE16 area. In last 1 year alone average price buyer paid is around £249,950 based on approximately 1 sales in Oakfield Drive, Whickham, Newcastle upon Tyne, NE16 area alone. If you compare it to last 3 years sales of 3 properties where buyers paid around £179,150. 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 £184,362 for 4 and average amount paid for purchase of approx. 4 properties sold in last 7 years comes to about £184,362 per sale.