Average Price for property in Sovereign Court, Jesmond, Newcastle upon Tyne, NE2 is around £209,706 e.g. average price for a flat is around 209,706. Values have been changing and have risen £758 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,459 in last 6 months, £10,298 in last 1 year, £13,480 in last 2 years, £20,941 in last 3 years, £13,129 in last 4 years and £11,806 in last 5 years.
Currently average asking price of a property in Sovereign Court, Jesmond, Newcastle upon Tyne, NE2 is around £273,264 based on approximately 0 properties for sale. Same is the case with rental options based on 1,536 properties up for rent, average asking rent is around £1,022 per month.
Estimated property value in Sovereign Court, Jesmond, Newcastle upon Tyne, NE2 is £209,706. Average asking price is £273,264 while average price paid is £150,666 which is up by £20,941 and Avg. asking rent £1,022.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 Sovereign Court, Jesmond, Newcastle upon Tyne, NE2 area. In last 3 years alone average price buyer paid is around £150,666 based on approximately 3 sales in Sovereign Court, Jesmond, Newcastle upon Tyne, NE2 area alone. If you compare it to last 5 years sales of 5 properties where buyers paid around £154,100. It has been same for some time now for e.g. if you take an average of amount paid in last 7 years, it comes to around £157,277 for 9 per sale.