Average Price for property in Paddock Hill, Ponteland, Newcastle upon Tyne, NE20 is around £440,335 which varies based on type of property you are interested in and ranges from £476,637 for detached house to around £242,260 for semi-detached. Similarly terraced house is around £252,466. Values have been changing and have risen £1,654 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £5,719 in last 6 months, £24,672 in last 1 year, £33,596 in last 2 years, £44,758 in last 3 years, £20,183 in last 4 years and £21,625 in last 5 years.
Currently average asking price of a property in Paddock Hill, Ponteland, Newcastle upon Tyne, NE20 is around £544,404 based on approximately 3 properties for sale. Same is the case with rental options based on 61 properties up for rent, average asking rent is around £1,546 per month.
Estimated property value in Paddock Hill, Ponteland, Newcastle upon Tyne, NE20 is £440,335. Average asking price is £544,404 while average price paid is £364,500 which is up by £24,672 and Avg. asking rent £1,546.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 Paddock Hill, Ponteland, Newcastle upon Tyne, NE20 area. In last 1 year alone average price buyer paid is around £364,500 based on approximately 3 sales in Paddock Hill, Ponteland, Newcastle upon Tyne, NE20 area alone. If you compare it to last 3 years sales of 7 properties where buyers paid around £362,642. 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 £367,850 for 10 and average amount paid for purchase of approx. 12 properties sold in last 7 years comes to about £360,291 per sale.