Average Price for property in Oakfield Terrace, Gosforth, Newcastle upon Tyne, NE3 is around £266,521 which varies based on type of property you are interested in and ranges from £210,937 for detached house to around £256,403 for semi-detached. Similarly terraced house is around £297,700 and a flat is worth £130,916. Values have been changing and have risen £216 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £164 in last 6 months, £16,491 in last 1 year, £20,099 in last 2 years, £31,972 in last 3 years, £21,448 in last 4 years and £18,710 in last 5 years.
Currently average asking price of a property in Oakfield Terrace, Gosforth, Newcastle upon Tyne, NE3 is around £229,283 based on approximately 1 properties for sale. Same is the case with rental options based on 324 properties up for rent, average asking rent is around £1,031 per month.
Estimated property value in Oakfield Terrace, Gosforth, Newcastle upon Tyne, NE3 is £266,521. Average asking price is £229,283 while average price paid is £280,000 which is up by £16,491 and Avg. asking rent £1,031.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 Terrace, Gosforth, Newcastle upon Tyne, NE3 area. In last 1 year alone average price buyer paid is around £280,000 based on approximately 1 sales in Oakfield Terrace, Gosforth, Newcastle upon Tyne, NE3 area alone. If you compare it to last 3 years sales of 6 properties where buyers paid around £226,891. 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 £245,164 for 17 and average amount paid for purchase of approx. 20 properties sold in last 7 years comes to about £244,015 per sale.