Average Price for property in Richardson Terrace, Chopwell, Newcastle upon Tyne, NE17 is around £77,196 e.g. average price for terraced house is around 77,196. Values have been changing and have risen £93 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £456 in last 6 months, £4,635 in last 1 year, £6,140 in last 2 years, £8,486 in last 3 years, £5,452 in last 4 years and £4,361 in last 5 years.
Currently average asking price of a property in Richardson Terrace, Chopwell, Newcastle upon Tyne, NE17 is around £96,488 based on approximately 1 properties for sale. Same is the case with rental options based on 20 properties up for rent, average asking rent is around £406 per month.
Estimated property value in Richardson Terrace, Chopwell, Newcastle upon Tyne, NE17 is £77,196. Average asking price is £96,488 while average price paid is £88,500 which is up by £4,635 and Avg. asking rent £406.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 Richardson Terrace, Chopwell, Newcastle upon Tyne, NE17 area. In last 1 year alone average price buyer paid is around £88,500 based on approximately 1 sales in Richardson Terrace, Chopwell, Newcastle upon Tyne, NE17 area alone. If you compare it to last 3 years sales of 1 properties where buyers paid around £88,500. 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 £88,500 for 1 and average amount paid for purchase of approx. 1 properties sold in last 7 years comes to about £88,500 per sale.