Average Price for property in Simpson Street, Ryton, NE40 is around £106,088 e.g. average price for terraced house is around 106,088. Values have been changing and have risen £141 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £859 in last 6 months, £4,752 in last 1 year, £7,276 in last 2 years, £9,247 in last 3 years, £5,273 in last 4 years and £4,007 in last 5 years.
Currently average asking price of a property in Simpson Street, Ryton, NE40 is around £172,238 based on approximately 4 properties for sale. Same is the case with rental options based on 32 properties up for rent, average asking rent is around £524 per month.
Estimated property value in Simpson Street, Ryton, NE40 is £106,088. Average asking price is £172,238 while average price paid is £82,125 which is up by £4,752 and Avg. asking rent £524.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 Simpson Street, Ryton, NE40 area. In last 1 year alone average price buyer paid is around £82,125 based on approximately 4 sales in Simpson Street, Ryton, NE40 area alone. If you compare it to last 3 years sales of 7 properties where buyers paid around £91,000. 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 £94,275 for 10 and average amount paid for purchase of approx. 13 properties sold in last 7 years comes to about £96,519 per sale.