Average Price for property in Rae Avenue, Wallsend, NE28 is around £103,665 which varies based on type of property you are interested in and ranges from £107,512 for semi-detached to around £94,689 for terraced house. Values have been changing and have risen £552 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,366 in last 6 months, £5,031 in last 1 year, £6,950 in last 2 years, £10,897 in last 3 years, £5,479 in last 4 years and £5,115 in last 5 years.
Currently average asking price of a property in Rae Avenue, Wallsend, NE28 is around £115,513 based on approximately 2 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 Rae Avenue, Wallsend, NE28 is £103,665. Average asking price is £115,513 while average price paid is £115,975 which is up by £5,031 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 Rae Avenue, Wallsend, NE28 area. In last 1 year alone average price buyer paid is around £115,975 based on approximately 2 sales in Rae Avenue, Wallsend, NE28 area alone. If you compare it to last 3 years sales of 5 properties where buyers paid around £100,390. 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 £103,600 for 9 and average amount paid for purchase of approx. 14 properties sold in last 7 years comes to about £101,739 per sale.