Western Way, Ponteland, Newcastle upon Tyne, NE20

Street Guide For Western Way, Ponteland, Newcastle upon Tyne, NE20

 
 

Western Way, Ponteland, Newcastle upon Tyne, NE20 Map

Estimated Price: £564,511
Average Asking Price: £544,404
Price change in last one year: £34,003
Average Price Paid: £517,188
Average Rent Rates: £1,546

Hybrid Estate Agents (Newcastle)
Newcastle, NE15, NE5, NE20, NE9

Free House valuation

 

Property Prices Breakdown in Western Way, Ponteland, Newcastle upon Tyne, NE20

Average Price for property in Western Way, Ponteland, Newcastle upon Tyne, NE20 is around £564,511 which varies based on type of property you are interested in and ranges from £577,237 for detached house to around £350,304 for semi-detached. Values have been changing and have risen £2,280 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £7,883 in last 6 months, £34,003 in last 1 year, £46,296 in last 2 years, £61,680 in last 3 years, £27,811 in last 4 years and £29,793 in last 5 years.

Currently average asking price of a property in Western Way, Ponteland, Newcastle upon Tyne, NE20 is around £544,404 based on approximately 6 properties for sale. Same is the case with rental options based on 61 properties up for rent, average asking rent is around £1,546 per month.

Estimated property value in Western Way, Ponteland, Newcastle upon Tyne, NE20 is £564,511. Average asking price is £544,404 while average price paid is £556,666 which is up by £34,003 and Avg. asking rent £1,546.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 Western Way, Ponteland, Newcastle upon Tyne, NE20 area. In last 1 year alone average price buyer paid is around £556,666 based on approximately 6 sales in Western Way, Ponteland, Newcastle upon Tyne, NE20 area alone. If you compare it to last 3 years sales of 21 properties where buyers paid around £528,114. 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 £517,188 for 34 and average amount paid for purchase of approx. 42 properties sold in last 7 years comes to about £543,497 per sale.

 
 
 
 

Breakdown of asking prices for homes of different sizes show that price varies clearly based on no of bedrooms and type of house. Asking price for a house with 1 bedroom is around £433,333, £204,956 for a 2 bedroom house, £319,558 for a 3 bedroom house, £572,539 for a 4 bedroom house and £923,727 for a 5 bedroom house. For a flat similarly the prices varies from £158,988 for a single bedroom to £155,776 for a 2 bedroom Flat. To sum up the asking prices for properties in Western Way, Ponteland, Newcastle upon Tyne, NE20 it comes to around average £227,574 for 1 bedroom property, £170,623 for 2 bedroom, £319,558 for 3 bedroom, £572,539 for 4 bedroom and £923,727 for a 5 bedroom property.

Rent per calendar month varies similarly based on type and size of the house. If you look at the rents per month for houses alone it can vary from £394 for 1 bedroom to £701 for 2 bedrooms, £905 for 3 bedrooms, £1,797 for 4 bedrooms and £2,770 for 5 bedrooms house. But if you are interested in renting a 2 bedroom flat then rent per month can be around £607. You should be generally be expecting around average £394 rent per month for single bedroom property, £629 for 2 bedroom, £905 for 3 bedroom, £1,797 for 4 bedroom and approximately £2,770 for a 5 bedroom property in Western Way, Ponteland, Newcastle upon Tyne, NE20 area.

Popular Houses in Western Way, Ponteland, Newcastle upon Tyne, NE20

Disclaimer : Location real estate estimates and values are based on House price index background data and Sales data provided by United Kingdom Land registry Records available as public records from their website. This information is updated monthly on our website and may not reflect all public transactions. This information is based on estimated calculation generated from our developed algorithms. We are striving to make this information as accurate and useful as possible. This data covers the transactions received at Land Registry in the period 1/1/1995 to 9/1/2014. © Crown copyright 2014. Data produced by Land Registry © Crown copyright 2014.

Areas in and around Western Way, Ponteland, Newcastle upon Tyne, NE20