Average Price for property in Silverhill Drive, Newcastle upon Tyne, NE5 is around £109,199 which varies based on type of property you are interested in and ranges from £113,544 for detached house to around £123,989 for semi-detached. Similarly terraced house is around £136,786 and a flat is worth £87,413. Values have been changing and have risen £286 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,275 in last 6 months, £6,553 in last 1 year, £7,434 in last 2 years, £11,148 in last 3 years, £6,650 in last 4 years and £6,078 in last 5 years.
Currently average asking price of a property in Silverhill Drive, Newcastle upon Tyne, NE5 is around £129,371 based on approximately 2 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 Silverhill Drive, Newcastle upon Tyne, NE5 is £109,199. Average asking price is £129,371 while average price paid is £133,249 which is up by £6,553 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 Silverhill Drive, Newcastle upon Tyne, NE5 area. In last 1 year alone average price buyer paid is around £133,249 based on approximately 2 sales in Silverhill Drive, Newcastle upon Tyne, NE5 area alone. If you compare it to last 3 years sales of 7 properties where buyers paid around £108,357. 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 £104,329 for 15 and average amount paid for purchase of approx. 21 properties sold in last 7 years comes to about £102,092 per sale.