Average Price for property in Rydal Road, Lemington, Newcastle upon Tyne, NE15 is around £126,542 which varies based on type of property you are interested in and ranges from £157,895 for detached house to around £125,206 for semi-detached. Similarly terraced house is around £87,474 and a flat is worth £156,661. Values have been changing and have risen £420 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,343 in last 6 months, £7,975 in last 1 year, £8,605 in last 2 years, £12,793 in last 3 years, £6,981 in last 4 years and £4,709 in last 5 years.
Currently average asking price of a property in Rydal Road, Lemington, Newcastle upon Tyne, NE15 is around £201,251 based on approximately 1 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 Rydal Road, Lemington, Newcastle upon Tyne, NE15 is £126,542. Average asking price is £201,251 while average price paid is £77,000 which is up by £7,975 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 Rydal Road, Lemington, Newcastle upon Tyne, NE15 area. In last 1 year alone average price buyer paid is around £77,000 based on approximately 1 sales in Rydal Road, Lemington, Newcastle upon Tyne, NE15 area alone. If you compare it to last 3 years sales of 3 properties where buyers paid around £83,333. 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 £95,000 for 4 and average amount paid for purchase of approx. 6 properties sold in last 7 years comes to about £112,833 per sale.