Average Price for property in The Chesters, Newcastle upon Tyne, NE5 is around £281,542 which varies based on type of property you are interested in and ranges from £283,786 for detached house to around £269,191 for semi-detached. Values have been changing and have risen £783 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £3,480 in last 6 months, £17,841 in last 1 year, £20,229 in last 2 years, £30,337 in last 3 years, £18,068 in last 4 years and £16,500 in last 5 years.
Currently average asking price of a property in The Chesters, Newcastle upon Tyne, NE5 is around £129,371 based on approximately 1 properties for sale. Same is the case with rental options based on 76 properties up for rent, average asking rent is around £1,398 per month.
Estimated property value in The Chesters, Newcastle upon Tyne, NE5 is £281,542. Average asking price is £129,371 while average price paid is £288,000 which is up by £17,841 and Avg. asking rent £1,398.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 The Chesters, Newcastle upon Tyne, NE5 area. In last 1 year alone average price buyer paid is around £288,000 based on approximately 1 sales in The Chesters, Newcastle upon Tyne, NE5 area alone. If you compare it to last 3 years sales of 2 properties where buyers paid around £268,975. 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 £233,028 for 3 and average amount paid for purchase of approx. 4 properties sold in last 7 years comes to about £234,771 per sale.