Average Price for property in Ravenshill Road, West Denton, Newcastle upon Tyne, NE5 is around £94,024 which varies based on type of property you are interested in and ranges from £106,591 for semi-detached to around £79,363 for a flat. Values have been changing and have risen £239 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,064 in last 6 months, £5,473 in last 1 year, £6,209 in last 2 years, £9,311 in last 3 years, £5,554 in last 4 years and £5,077 in last 5 years.
Currently average asking price of a property in Ravenshill Road, West Denton, Newcastle upon Tyne, NE5 is around £129,371 based on approximately 2 properties for sale. Same is the case with rental options based on 76 properties up for rent, average asking rent is around £1,398 per month.
Estimated property value in Ravenshill Road, West Denton, Newcastle upon Tyne, NE5 is £94,024. Average asking price is £129,371 while average price paid is £73,000 which is up by £5,473 and Avg. asking rent £1,398.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 Ravenshill Road, West Denton, Newcastle upon Tyne, NE5 area. In last 1 year alone average price buyer paid is around £73,000 based on approximately 2 sales in Ravenshill Road, West Denton, Newcastle upon Tyne, NE5 area alone. If you compare it to last 3 years sales of 3 properties where buyers paid around £65,333. 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 £70,666 for 6 and average amount paid for purchase of approx. 10 properties sold in last 7 years comes to about £82,645 per sale.