Average Price for property in Silver Lonnen, Newcastle upon Tyne, NE5 is around £110,803 which varies based on type of property you are interested in and ranges from £136,118 for detached house to around £130,310 for semi-detached. Similarly terraced house is around £136,842 and a flat is worth £81,919. Values have been changing and have risen £284 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,264 in last 6 months, £6,490 in last 1 year, £7,363 in last 2 years, £11,042 in last 3 years, £6,583 in last 4 years and £6,017 in last 5 years.
Currently average asking price of a property in Silver Lonnen, Newcastle upon Tyne, NE5 is around £129,371 based on approximately 8 properties for sale. Same is the case with rental options based on 76 properties up for rent, average asking rent is around £1,398 per month.
Estimated property value in Silver Lonnen, Newcastle upon Tyne, NE5 is £110,803. Average asking price is £129,371 while average price paid is £81,125 which is up by £6,490 and Avg. asking rent £1,398.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 Silver Lonnen, Newcastle upon Tyne, NE5 area. In last 1 year alone average price buyer paid is around £81,125 based on approximately 8 sales in Silver Lonnen, Newcastle upon Tyne, NE5 area alone. If you compare it to last 3 years sales of 19 properties where buyers paid around £86,181. 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 £90,484 for 35 and average amount paid for purchase of approx. 54 properties sold in last 7 years comes to about £92,442 per sale.