Average Price for property in Wells Close, Benton, Newcastle upon Tyne, NE7 is around £280,152 e.g. average price for detached house is around 280,152. Values have been changing and have risen £4,551 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £6,883 in last 6 months, £12,925 in last 1 year, £21,159 in last 2 years, £11,237 in last 3 years, £7,675 in last 4 years and £16,118 in last 5 years.
Currently average asking price of a property in Wells Close, Benton, Newcastle upon Tyne, NE7 is around £191,477 based on approximately 1 properties for sale. Same is the case with rental options based on 107 properties up for rent, average asking rent is around £677 per month.
Estimated property value in Wells Close, Benton, Newcastle upon Tyne, NE7 is £280,152. Average asking price is £191,477 while average price paid is £245,000 which is up by £12,925 and Avg. asking rent £677.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 Wells Close, Benton, Newcastle upon Tyne, NE7 area. In last 1 year alone average price buyer paid is around £245,000 based on approximately 1 sales in Wells Close, Benton, Newcastle upon Tyne, NE7 area alone. If you compare it to last 3 years sales of 2 properties where buyers paid around £242,500. 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 £242,500 for 2 and average amount paid for purchase of approx. 1 properties sold in last 7 years comes to about £245,000 per sale.