Average Price for property in The Meadows, Burnopfield, Newcastle upon Tyne, NE16 is around £224,994 which varies based on type of property you are interested in and ranges from £238,086 for detached house to around £178,356 for semi-detached. Values have been changing and have risen £568 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,552 in last 6 months, £12,268 in last 1 year, £15,585 in last 2 years, £24,017 in last 3 years, £14,126 in last 4 years and £11,765 in last 5 years.
Currently average asking price of a property in The Meadows, Burnopfield, Newcastle upon Tyne, NE16 is around £201,650 based on approximately 3 properties for sale. Same is the case with rental options based on 37 properties up for rent, average asking rent is around £554 per month.
Estimated property value in The Meadows, Burnopfield, Newcastle upon Tyne, NE16 is £224,994. Average asking price is £201,650 while average price paid is £160,666 which is up by £12,268 and Avg. asking rent £554.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 Meadows, Burnopfield, Newcastle upon Tyne, NE16 area. In last 1 year alone average price buyer paid is around £160,666 based on approximately 3 sales in The Meadows, Burnopfield, Newcastle upon Tyne, NE16 area alone. If you compare it to last 3 years sales of 10 properties where buyers paid around £180,750. 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 £190,127 for 27 and average amount paid for purchase of approx. 34 properties sold in last 7 years comes to about £191,173 per sale.