Average Price for property in The Open, Newcastle upon Tyne, NE1 is around £126,656 which varies based on type of property you are interested in and ranges from £148,269 for detached house to around £105,417 for semi-detached. Similarly terraced house is around £107,969 and a flat is worth £128,711. Values have been changing and have risen £169 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £465 in last 6 months, £6,846 in last 1 year, £9,874 in last 2 years, £13,216 in last 3 years, £6,466 in last 4 years and £4,576 in last 5 years.
Currently average asking price of a property in The Open, Newcastle upon Tyne, NE1 is around £193,393 based on approximately 0 properties for sale. Same is the case with rental options based on 523 properties up for rent, average asking rent is around £1,336 per month.
Estimated property value in The Open, Newcastle upon Tyne, NE1 is £126,656. Average asking price is £193,393 while average price paid is £117,750 which is up by £13,216 and Avg. asking rent £1,336.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 Open, Newcastle upon Tyne, NE1 area. In last 3 years alone average price buyer paid is around £117,750 based on approximately 6 sales in The Open, Newcastle upon Tyne, NE1 area alone. If you compare it to last 5 years sales of 9 properties where buyers paid around £117,938. 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 £121,145 for 10 per sale.