Taylor Terrace, West Allotment, Newcastle upon Tyne, NE27

Street Guide For Taylor Terrace, West Allotment, Newcastle upon Tyne, NE27

 

Taylor Terrace, West Allotment, Newcastle upon Tyne, NE27 Map

Estimated Price: £93,138
Average Asking Price: £163,490
Price change in last one year: £4,881
Average Price Paid: £78,241
Average Rent Rates: £846

 

Property Prices Breakdown in Taylor Terrace, West Allotment, Newcastle upon Tyne, NE27

Average Price for property in Taylor Terrace, West Allotment, Newcastle upon Tyne, NE27 is around £93,138 which varies based on type of property you are interested in and ranges from £102,517 for semi-detached to around £92,730 for terraced house. Values have been changing and have risen £395 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £816 in last 6 months, £4,881 in last 1 year, £7,389 in last 2 years, £9,904 in last 3 years, £4,707 in last 4 years and £5,154 in last 5 years.

Currently average asking price of a property in Taylor Terrace, West Allotment, Newcastle upon Tyne, NE27 is around £163,490 based on approximately 2 properties for sale. Same is the case with rental options based on 23 properties up for rent, average asking rent is around £846 per month.

Estimated property value in Taylor Terrace, West Allotment, Newcastle upon Tyne, NE27 is £93,138. Average asking price is £163,490 while average price paid is £77,750 which is up by £4,881 and Avg. asking rent £846.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 Taylor Terrace, West Allotment, Newcastle upon Tyne, NE27 area. In last 1 year alone average price buyer paid is around £77,750 based on approximately 2 sales in Taylor Terrace, West Allotment, Newcastle upon Tyne, NE27 area alone. If you compare it to last 3 years sales of 5 properties where buyers paid around £81,625. 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 £78,241 for 8 and average amount paid for purchase of approx. 11 properties sold in last 7 years comes to about £84,039 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 1 bedroom is around £127,000, £122,084 for a 2 bedroom house, £161,428 for a 3 bedroom house, £243,102 for a 4 bedroom house and £287,121 for a 5 bedroom house. For a flat similarly the prices varies from £69,983 for a single bedroom to £99,994 for a 2 bedroom Flat. To sum up the asking prices for properties in Taylor Terrace, West Allotment, Newcastle upon Tyne, NE27 it comes to around average £92,790 for 1 bedroom property, £110,559 for 2 bedroom, £161,428 for 3 bedroom, £243,102 for 4 bedroom and £287,121 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 £552 for 2 bedroom to £626 for 3 bedroom and £899 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £427. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £449 and £399 for 4 bedroom. You should be generally be expecting around average £427 rent per month for single bedroom property, £526 for 2 bedroom, £626 for 3 bedroom and approximately £732 for 4 bedroom property in Taylor Terrace, West Allotment, Newcastle upon Tyne, NE27 area.

Popular Houses in Taylor Terrace, West Allotment, Newcastle upon Tyne, NE27

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 Taylor Terrace, West Allotment, Newcastle upon Tyne, NE27