Average Price for property in Ormsby Green, Denton Burn, Newcastle upon Tyne, NE5 is around £96,294 e.g. average price for semi-detached is around 96,294. Values have been changing and have risen £261 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,165 in last 6 months, £5,989 in last 1 year, £6,795 in last 2 years, £10,190 in last 3 years, £6,078 in last 4 years and £5,557 in last 5 years.
Currently average asking price of a property in Ormsby Green, Denton Burn, Newcastle upon Tyne, NE5 is around £129,347 based on approximately 1 properties for sale. Same is the case with rental options based on 75 properties up for rent, average asking rent is around £1,411 per month.
Estimated property value in Ormsby Green, Denton Burn, Newcastle upon Tyne, NE5 is £96,294. Average asking price is £129,347 while average price paid is £95,500 which is up by £5,989 and Avg. asking rent £1,411.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 Ormsby Green, Denton Burn, Newcastle upon Tyne, NE5 area. In last 1 year alone average price buyer paid is around £95,500 based on approximately 1 sales in Ormsby Green, Denton Burn, Newcastle upon Tyne, NE5 area alone. If you compare it to last 3 years sales of 2 properties where buyers paid around £73,250. 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 £73,250 for 2 and average amount paid for purchase of approx. 2 properties sold in last 7 years comes to about £73,250 per sale.