Average Price for property in West Avenue, Gosforth, Newcastle upon Tyne, NE3 is around £452,444 which varies based on type of property you are interested in and ranges from £774,652 for detached house to around £745,499 for semi-detached. Similarly terraced house is around £580,867 and a flat is worth £266,815. Values have been changing and have risen £373 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £282 in last 6 months, £28,474 in last 1 year, £34,703 in last 2 years, £55,198 in last 3 years, £37,019 in last 4 years and £32,285 in last 5 years.
Currently average asking price of a property in West Avenue, Gosforth, Newcastle upon Tyne, NE3 is around £229,283 based on approximately 3 properties for sale. Same is the case with rental options based on 324 properties up for rent, average asking rent is around £1,031 per month.
Estimated property value in West Avenue, Gosforth, Newcastle upon Tyne, NE3 is £452,444. Average asking price is £229,283 while average price paid is £429,833 which is up by £28,474 and Avg. asking rent £1,031.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 West Avenue, Gosforth, Newcastle upon Tyne, NE3 area. In last 1 year alone average price buyer paid is around £429,833 based on approximately 3 sales in West Avenue, Gosforth, Newcastle upon Tyne, NE3 area alone. If you compare it to last 3 years sales of 6 properties where buyers paid around £383,523. 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 £411,792 for 14 and average amount paid for purchase of approx. 16 properties sold in last 7 years comes to about £417,036 per sale.