Average Price for property in Silverstone, Killingworth, Newcastle upon Tyne, NE12 is around £117,163 which varies based on type of property you are interested in and ranges from £136,662 for semi-detached to around £116,080 for terraced house. Values have been changing and have risen £493 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,795 in last 6 months, £5,963 in last 1 year, £7,877 in last 2 years, £10,477 in last 3 years, £5,781 in last 4 years and £5,241 in last 5 years.
Currently average asking price of a property in Silverstone, Killingworth, Newcastle upon Tyne, NE12 is around £184,802 based on approximately 3 properties for sale. Same is the case with rental options based on 92 properties up for rent, average asking rent is around £715 per month.
Estimated property value in Silverstone, Killingworth, Newcastle upon Tyne, NE12 is £117,163. Average asking price is £184,802 while average price paid is £91,166 which is up by £5,963 and Avg. asking rent £715.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 Silverstone, Killingworth, Newcastle upon Tyne, NE12 area. In last 1 year alone average price buyer paid is around £91,166 based on approximately 3 sales in Silverstone, Killingworth, Newcastle upon Tyne, NE12 area alone. If you compare it to last 3 years sales of 3 properties where buyers paid around £91,166. 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 £97,125 for 4 and average amount paid for purchase of approx. 5 properties sold in last 7 years comes to about £97,400 per sale.