Paddock Hill, Ponteland, Newcastle upon Tyne, NE20

Street Guide For Paddock Hill, Ponteland, Newcastle upon Tyne, NE20

 
 

Paddock Hill, Ponteland, Newcastle upon Tyne, NE20 Map

Estimated Price: £440,335
Average Asking Price: £544,404
Price change in last one year: £24,672
Average Price Paid: £367,850
Average Rent Rates: £1,546

Hybrid Estate Agents (Newcastle)
Newcastle, NE15, NE5, NE20, NE9

Free House valuation

 

Property Prices Breakdown in Paddock Hill, Ponteland, Newcastle upon Tyne, NE20

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.

 
 
 
 

Breakdown of asking prices for homes of different sizes show that price varies clearly based on no of bedrooms and type of house. Asking price for a house with 1 bedroom is around £433,333, £204,956 for a 2 bedroom house, £319,558 for a 3 bedroom house, £572,539 for a 4 bedroom house and £923,727 for a 5 bedroom house. For a flat similarly the prices varies from £158,988 for a single bedroom to £155,776 for a 2 bedroom Flat. To sum up the asking prices for properties in Paddock Hill, Ponteland, Newcastle upon Tyne, NE20 it comes to around average £227,574 for 1 bedroom property, £170,623 for 2 bedroom, £319,558 for 3 bedroom, £572,539 for 4 bedroom and £923,727 for a 5 bedroom property.

Rent per calendar month varies similarly based on type and size of the house. If you look at the rents per month for houses alone it can vary from £394 for 1 bedroom to £701 for 2 bedrooms, £905 for 3 bedrooms, £1,797 for 4 bedrooms and £2,770 for 5 bedrooms house. But if you are interested in renting a 2 bedroom flat then rent per month can be around £607. You should be generally be expecting around average £394 rent per month for single bedroom property, £629 for 2 bedroom, £905 for 3 bedroom, £1,797 for 4 bedroom and approximately £2,770 for a 5 bedroom property in Paddock Hill, Ponteland, Newcastle upon Tyne, NE20 area.

Popular Houses in Paddock Hill, Ponteland, Newcastle upon Tyne, NE20

Disclaimer : Location real estate estimates and values are based on House price index background data and Sales data provided by United Kingdom Land registry Records available as public records from their website. This information is updated monthly on our website and may not reflect all public transactions. This information is based on estimated calculation generated from our developed algorithms. We are striving to make this information as accurate and useful as possible. This data covers the transactions received at Land Registry in the period 1/1/1995 to 9/1/2014. © Crown copyright 2014. Data produced by Land Registry © Crown copyright 2014.

Areas in and around Paddock Hill, Ponteland, Newcastle upon Tyne, NE20