Ronald Drive, Newcastle upon Tyne, NE15

Street Guide For Ronald Drive, Newcastle upon Tyne, NE15

 
 

Ronald Drive, Newcastle upon Tyne, NE15 Map

Estimated Price: £116,216
Average Asking Price: £201,251
Price change in last one year: £7,866
Average Price Paid: £106,555
Average Rent Rates: £751

Hybrid Estate Agents (Newcastle)
Newcastle, NE15, NE5, NE20, NE9

Free House valuation

 

Property Prices Breakdown in Ronald Drive, Newcastle upon Tyne, NE15

Average Price for property in Ronald Drive, Newcastle upon Tyne, NE15 is around £116,216 which varies based on type of property you are interested in and ranges from £180,323 for detached house to around £114,797 for semi-detached. Similarly terraced house is around £107,423. Values have been changing and have risen £414 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,325 in last 6 months, £7,866 in last 1 year, £8,485 in last 2 years, £12,615 in last 3 years, £6,882 in last 4 years and £4,642 in last 5 years.

Currently average asking price of a property in Ronald Drive, Newcastle upon Tyne, NE15 is around £201,251 based on approximately 6 properties for sale. Same is the case with rental options based on 94 properties up for rent, average asking rent is around £751 per month.

Estimated property value in Ronald Drive, Newcastle upon Tyne, NE15 is £116,216. Average asking price is £201,251 while average price paid is £105,825 which is up by £7,866 and Avg. asking rent £751.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 Ronald Drive, Newcastle upon Tyne, NE15 area. In last 1 year alone average price buyer paid is around £105,825 based on approximately 6 sales in Ronald Drive, Newcastle upon Tyne, NE15 area alone. If you compare it to last 3 years sales of 10 properties where buyers paid around £109,795. 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 £106,555 for 17 and average amount paid for purchase of approx. 19 properties sold in last 7 years comes to about £109,286 per sale.

 
 
 
 

Breakdown of asking prices for homes of different sizes show that price varies clearly based on no of bedrooms and type of house. Asking price for a house with 1 bedroom is around £59,450, £112,710 for a 2 bedroom house, £152,753 for a 3 bedroom house, £279,885 for a 4 bedroom house and £436,771 for a 5 bedroom house. For a flat similarly the prices varies from £60,010 for a single bedroom to £79,921 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £69,639, £117,500 for a 4 bedroom flat and £95,000 for a 5 bedroom flat. To sum up the asking prices for properties in Ronald Drive, Newcastle upon Tyne, NE15 it comes to around average £59,908 for 1 bedroom property, £103,342 for 2 bedroom, £147,129 for 3 bedroom, £273,757 for 4 bedroom and £394,050 for a 5 bedroom property.

Rent per calendar month varies similarly based on type and size of the house. If you look at the rents per month for houses alone it can vary from £423 for 1 bedroom to £494 for 2 bedrooms, £613 for 3 bedrooms, £1,177 for 4 bedrooms and £1,673 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £433. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £476 and £474 for 3 bedroom. You should be generally be expecting around average £429 rent per month for single bedroom property, £482 for 2 bedroom, £584 for 3 bedroom, £1,177 for 4 bedroom and approximately £1,672 for a 5 bedroom property in Ronald Drive, Newcastle upon Tyne, NE15 area.

Popular Houses in Ronald Drive, Newcastle upon Tyne, NE15

Disclaimer : Location real estate estimates and values are based on House price index background data and Sales data provided by United Kingdom Land registry Records available as public records from their website. This information is updated monthly on our website and may not reflect all public transactions. This information is based on estimated calculation generated from our developed algorithms. We are striving to make this information as accurate and useful as possible. This data covers the transactions received at Land Registry in the period 1/1/1995 to 9/1/2014. © Crown copyright 2014. Data produced by Land Registry © Crown copyright 2014.

Areas in and around Ronald Drive, Newcastle upon Tyne, NE15