Average Price for property in Oakridge, Whickham, Newcastle upon Tyne, NE16 is around £211,577 which varies based on type of property you are interested in and ranges from £277,474 for detached house to around £206,848 for semi-detached. Similarly terraced house is around £191,634. Values have been changing and have risen £533 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,456 in last 6 months, £11,524 in last 1 year, £14,640 in last 2 years, £22,560 in last 3 years, £13,272 in last 4 years and £11,054 in last 5 years.
Currently average asking price of a property in Oakridge, Whickham, Newcastle upon Tyne, NE16 is around £202,030 based on approximately 0 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 Oakridge, Whickham, Newcastle upon Tyne, NE16 is £211,577. Average asking price is £202,030 while average price paid is £164,166 which is up by £22,560 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 Oakridge, Whickham, Newcastle upon Tyne, NE16 area. In last 3 years alone average price buyer paid is around £164,166 based on approximately 3 sales in Oakridge, Whickham, Newcastle upon Tyne, NE16 area alone. If you compare it to last 5 years sales of 3 properties where buyers paid around £164,166. It has been same for some time now for e.g. if you take an average of amount paid in last 7 years, it comes to around £169,700 for 5 per sale.