Values have been changing and have risen £682 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,482 in last 6 months, £8,249 in last 1 year, £10,893 in last 2 years, £14,485 in last 3 years, £7,988 in last 4 years and £7,241 in last 5 years.
Currently average asking price of a property in Oxford Close, Longbenton, Newcastle upon Tyne, NE12 is around £184,859 based on approximately 2 properties for sale. Same is the case with rental options based on 90 properties up for rent, average asking rent is around £723 per month.
Estimated property value in Oxford Close, Longbenton, Newcastle upon Tyne, NE12 is £161,735. Average asking price is £184,859 while average price paid is £125,500 which is up by £8,249 and Avg. asking rent £723.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 Oxford Close, Longbenton, Newcastle upon Tyne, NE12 area. In last 1 year alone average price buyer paid is around £125,500 based on approximately 2 sales in Oxford Close, Longbenton, Newcastle upon Tyne, NE12 area alone. If you compare it to last 3 years sales of 4 properties where buyers paid around £128,250. 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 £131,421 for 7 and average amount paid for purchase of approx. 9 properties sold in last 7 years comes to about £129,327 per sale.