Values have been changing and have risen £577 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,429 in last 6 months, £5,265 in last 1 year, £7,275 in last 2 years, £11,403 in last 3 years, £5,732 in last 4 years and £5,350 in last 5 years.
Currently average asking price of a property in Praetorian Drive, Wallsend, NE28 is around £115,513 based on approximately 3 properties for sale. Same is the case with rental options based on 81 properties up for rent, average asking rent is around £545 per month.
Estimated property value in Praetorian Drive, Wallsend, NE28 is £109,651. Average asking price is £115,513 while average price paid is £95,316 which is up by £5,265 and Avg. asking rent £545.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 Praetorian Drive, Wallsend, NE28 area. In last 1 year alone average price buyer paid is around £95,316 based on approximately 3 sales in Praetorian Drive, Wallsend, NE28 area alone. If you compare it to last 3 years sales of 9 properties where buyers paid around £89,661. 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 £89,603 for 14 and average amount paid for purchase of approx. 20 properties sold in last 7 years comes to about £92,997 per sale.