Average Price for property in Reedside, Ryton, NE40 is around £372,448 e.g. average price for detached house is around 372,448. Values have been changing and have risen £515 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £3,113 in last 6 months, £17,156 in last 1 year, £26,258 in last 2 years, £33,368 in last 3 years, £18,997 in last 4 years and £14,409 in last 5 years.
Currently average asking price of a property in Reedside, Ryton, NE40 is around £172,238 based on approximately 1 properties for sale. Same is the case with rental options based on 32 properties up for rent, average asking rent is around £524 per month.
Estimated property value in Reedside, Ryton, NE40 is £372,448. Average asking price is £172,238 while average price paid is £278,000 which is up by £17,156 and Avg. asking rent £524.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 Reedside, Ryton, NE40 area. In last 1 year alone average price buyer paid is around £278,000 based on approximately 1 sales in Reedside, Ryton, NE40 area alone. If you compare it to last 3 years sales of 1 properties where buyers paid around £278,000. 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 £278,000 for 1 and average amount paid for purchase of approx. 1 properties sold in last 7 years comes to about £278,000 per sale.