Average Price for property in St. James Gate, Newcastle upon Tyne, NE1 is around £161,919 e.g. average price for a flat is around 161,919. Values have been changing and have risen £216 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £594 in last 6 months, £8,751 in last 1 year, £12,619 in last 2 years, £16,890 in last 3 years, £8,261 in last 4 years and £5,843 in last 5 years.
Currently average asking price of a property in St. James Gate, Newcastle upon Tyne, NE1 is around £193,393 based on approximately 13 properties for sale. Same is the case with rental options based on 523 properties up for rent, average asking rent is around £1,336 per month.
Estimated property value in St. James Gate, Newcastle upon Tyne, NE1 is £161,919. Average asking price is £193,393 while average price paid is £117,423 which is up by £8,751 and Avg. asking rent £1,336.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 St. James Gate, Newcastle upon Tyne, NE1 area. In last 1 year alone average price buyer paid is around £117,423 based on approximately 13 sales in St. James Gate, Newcastle upon Tyne, NE1 area alone. If you compare it to last 3 years sales of 19 properties where buyers paid around £117,263. 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 £117,826 for 23 and average amount paid for purchase of approx. 37 properties sold in last 7 years comes to about £128,621 per sale.