Average Price for property in Telford Close, Backworth, Newcastle upon Tyne, NE27 is around £84,453 e.g. average price for terraced house is around 84,453. Values have been changing and have risen £371 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £765 in last 6 months, £4,567 in last 1 year, £6,915 in last 2 years, £9,267 in last 3 years, £4,403 in last 4 years and £4,822 in last 5 years.
Currently average asking price of a property in Telford Close, Backworth, Newcastle upon Tyne, NE27 is around £163,209 based on approximately 0 properties for sale. Same is the case with rental options based on 23 properties up for rent, average asking rent is around £852 per month.
Estimated property value in Telford Close, Backworth, Newcastle upon Tyne, NE27 is £84,453. Average asking price is £163,209 while average price paid is £85,500 which is up by £9,267 and Avg. asking rent £852.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 Telford Close, Backworth, Newcastle upon Tyne, NE27 area. In last 3 years alone average price buyer paid is around £85,500 based on approximately 1 sales in Telford Close, Backworth, Newcastle upon Tyne, NE27 area alone. If you compare it to last 5 years sales of 5 properties where buyers paid around £85,536. 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 £85,536 for 5 per sale.