Values have been changing and have risen £383 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,396 in last 6 months, £4,647 in last 1 year, £6,138 in last 2 years, £8,164 in last 3 years, £4,508 in last 4 years and £4,090 in last 5 years.
Currently average asking price of a property in Rowanberry Road, Longbenton, Newcastle upon Tyne, NE12 is around £184,859 based on approximately 2 properties for sale. Same is the case with rental options based on 90 properties up for rent, average asking rent is around £723 per month.
Estimated property value in Rowanberry Road, Longbenton, Newcastle upon Tyne, NE12 is £88,627. Average asking price is £184,859 while average price paid is £72,362 which is up by £4,647 and Avg. asking rent £723.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 Rowanberry Road, Longbenton, Newcastle upon Tyne, NE12 area. In last 1 year alone average price buyer paid is around £72,362 based on approximately 2 sales in Rowanberry Road, Longbenton, Newcastle upon Tyne, NE12 area alone. If you compare it to last 3 years sales of 4 properties where buyers paid around £73,556. 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 £74,120 for 6 and average amount paid for purchase of approx. 9 properties sold in last 7 years comes to about £76,580 per sale.