St. Peters Wharf, Newcastle upon Tyne, NE6

Street Guide For St. Peters Wharf, Newcastle upon Tyne, NE6

 

St. Peters Wharf, Newcastle upon Tyne, NE6 Map

Estimated Price: £212,869
Average Asking Price: £117,816
Price change in last one year: £14,792
Average Price Paid: £149,675
Average Rent Rates: £836

 

Property Prices Breakdown in St. Peters Wharf, Newcastle upon Tyne, NE6

Average Price for property in St. Peters Wharf, Newcastle upon Tyne, NE6 is around £212,869 which varies based on type of property you are interested in and ranges from £255,305 for semi-detached to around £210,131 for a flat. Values have been changing and have risen £54 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £553 in last 6 months, £14,792 in last 1 year, £17,778 in last 2 years, £24,892 in last 3 years, £14,985 in last 4 years and £13,401 in last 5 years.

Currently average asking price of a property in St. Peters Wharf, Newcastle upon Tyne, NE6 is around £117,816 based on approximately 2 properties for sale. Same is the case with rental options based on 1,199 properties up for rent, average asking rent is around £836 per month.

Estimated property value in St. Peters Wharf, Newcastle upon Tyne, NE6 is £212,869. Average asking price is £117,816 while average price paid is £158,500 which is up by £14,792 and Avg. asking rent £836.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. Peters Wharf, Newcastle upon Tyne, NE6 area. In last 1 year alone average price buyer paid is around £158,500 based on approximately 2 sales in St. Peters Wharf, Newcastle upon Tyne, NE6 area alone. If you compare it to last 3 years sales of 7 properties where buyers paid around £148,821. 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 £149,675 for 10 and average amount paid for purchase of approx. 14 properties sold in last 7 years comes to about £154,196 per sale.

 
 

Breakdown of asking prices for homes of different sizes show that price varies clearly based on no of bedrooms and type of house. Asking price for a house with 2 bedroom is around £108,611, £132,978 for a 3 bedroom house, £172,756 for a 4 bedroom house and £162,558 for a 5 bedroom house. For a flat similarly the prices varies from £74,554 for a single bedroom to £95,360 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £97,548, £125,600 for a 4 bedroom flat and £144,849 for a 5 bedroom flat. To sum up the asking prices for properties in St. Peters Wharf, Newcastle upon Tyne, NE6 it comes to around average £74,554 for 1 bedroom property, £98,738 for 2 bedroom, £121,501 for 3 bedroom, £163,325 for 4 bedroom and £155,475 for a 5 bedroom property.

Rent per calendar month varies similarly based on type and size of the house. If you look at the rents per month for houses alone it can vary from £322 for 1 bedroom to £562 for 2 bedrooms, £697 for 3 bedrooms, £987 for 4 bedrooms and £1,166 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £385. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £553, £694 for 3 bedroom, £920 for 4 bedroom and around £1,168 for 5 bedroom flat. You should be generally be expecting around average £355 rent per month for single bedroom property, £553 for 2 bedroom, £695 for 3 bedroom, £967 for 4 bedroom and approximately £1,166 for a 5 bedroom property in St. Peters Wharf, Newcastle upon Tyne, NE6 area.

Popular Houses in St. Peters Wharf, Newcastle upon Tyne, NE6

Disclaimer : Location real estate estimates and values are based on House price index background data and Sales data provided by United Kingdom Land registry Records available as public records from their website. This information is updated monthly on our website and may not reflect all public transactions. This information is based on estimated calculation generated from our developed algorithms. We are striving to make this information as accurate and useful as possible. This data covers the transactions received at Land Registry in the period 1/1/1995 to 9/1/2014. © Crown copyright 2014. Data produced by Land Registry © Crown copyright 2014.

Areas in and around St. Peters Wharf, Newcastle upon Tyne, NE6