Average Price for property in Victoria Square, Jesmond, Newcastle upon Tyne, NE2 is around £179,125 which varies based on type of property you are interested in and ranges from £237,717 for terraced house to around £163,500 for a flat. Values have been changing and have risen £653 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,121 in last 6 months, £8,883 in last 1 year, £11,629 in last 2 years, £18,065 in last 3 years, £11,326 in last 4 years and £10,186 in last 5 years.
Currently average asking price of a property in Victoria Square, Jesmond, Newcastle upon Tyne, NE2 is around £273,264 based on approximately 2 properties for sale. Same is the case with rental options based on 1,536 properties up for rent, average asking rent is around £1,022 per month.
Estimated property value in Victoria Square, Jesmond, Newcastle upon Tyne, NE2 is £179,125. Average asking price is £273,264 while average price paid is £142,475 which is up by £8,883 and Avg. asking rent £1,022.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 Victoria Square, Jesmond, Newcastle upon Tyne, NE2 area. In last 1 year alone average price buyer paid is around £142,475 based on approximately 2 sales in Victoria Square, Jesmond, Newcastle upon Tyne, NE2 area alone. If you compare it to last 3 years sales of 3 properties where buyers paid around £122,483. 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 £122,483 for 3 and average amount paid for purchase of approx. 4 properties sold in last 7 years comes to about £125,612 per sale.