Average Price for property in Reid Park Road, Jesmond, Newcastle upon Tyne, NE2 is around £405,460 which varies based on type of property you are interested in and ranges from £887,479 for detached house to around £616,866 for semi-detached. Similarly flat is around £135,196. Values have been changing and have risen £1,513 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £4,907 in last 6 months, £20,524 in last 1 year, £26,864 in last 2 years, £41,735 in last 3 years, £26,151 in last 4 years and £23,505 in last 5 years.
Currently average asking price of a property in Reid Park Road, Jesmond, Newcastle upon Tyne, NE2 is around £273,264 based on approximately 3 properties for sale. Same is the case with rental options based on 1,536 properties up for rent, average asking rent is around £1,022 per month.
Estimated property value in Reid Park Road, Jesmond, Newcastle upon Tyne, NE2 is £405,460. Average asking price is £273,264 while average price paid is £215,150 which is up by £20,524 and Avg. asking rent £1,022.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 Reid Park Road, Jesmond, Newcastle upon Tyne, NE2 area. In last 1 year alone average price buyer paid is around £215,150 based on approximately 3 sales in Reid Park Road, Jesmond, Newcastle upon Tyne, NE2 area alone. If you compare it to last 3 years sales of 14 properties where buyers paid around £294,925. 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 £265,232 for 17 and average amount paid for purchase of approx. 22 properties sold in last 7 years comes to about £275,111 per sale.