Average Price for property in Otterburn, Newcastle upon Tyne, NE19 is around £236,477 which varies based on type of property you are interested in and ranges from £275,704 for detached house to around £195,682 for semi-detached. Similarly terraced house is around £187,446 and a flat is worth £103,032. Values have been changing and have risen £672 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,373 in last 6 months, £14,791 in last 1 year, £18,736 in last 2 years, £27,280 in last 3 years, £14,966 in last 4 years and £12,804 in last 5 years.
Currently average asking price of a property in Otterburn, Newcastle upon Tyne, NE19 is around £288,031 based on approximately 2 properties for sale. Same is the case with rental options based on 7 properties up for rent, average asking rent is around £543 per month.
Estimated property value in Otterburn, Newcastle upon Tyne, NE19 is £236,477. Average asking price is £288,031 while average price paid is £88,360 which is up by £14,791 and Avg. asking rent £543.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 Otterburn, Newcastle upon Tyne, NE19 area. In last 1 year alone average price buyer paid is around £88,360 based on approximately 2 sales in Otterburn, Newcastle upon Tyne, NE19 area alone. If you compare it to last 3 years sales of 9 properties where buyers paid around £166,024. 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 £225,681 for 15 and average amount paid for purchase of approx. 18 properties sold in last 7 years comes to about £231,567 per sale.