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.