Average Price for property in Redewood Close, Denton Burn, Newcastle upon Tyne, NE5 is around £151,231 which varies based on type of property you are interested in and ranges from £183,573 for detached house to around £140,898 for semi-detached. Similarly terraced house is around £117,013 and a flat is worth £161,287. Values have been changing and have risen £403 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,796 in last 6 months, £9,224 in last 1 year, £10,462 in last 2 years, £15,688 in last 3 years, £9,351 in last 4 years and £8,541 in last 5 years.
Currently average asking price of a property in Redewood Close, Denton Burn, Newcastle upon Tyne, NE5 is around £129,347 based on approximately 5 properties for sale. Same is the case with rental options based on 75 properties up for rent, average asking rent is around £1,411 per month.
Estimated property value in Redewood Close, Denton Burn, Newcastle upon Tyne, NE5 is £151,231. Average asking price is £129,347 while average price paid is £111,899 which is up by £9,224 and Avg. asking rent £1,411.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 Redewood Close, Denton Burn, Newcastle upon Tyne, NE5 area. In last 1 year alone average price buyer paid is around £111,899 based on approximately 5 sales in Redewood Close, Denton Burn, Newcastle upon Tyne, NE5 area alone. If you compare it to last 3 years sales of 12 properties where buyers paid around £130,957. 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 £129,852 for 17 and average amount paid for purchase of approx. 31 properties sold in last 7 years comes to about £128,919 per sale.