Average Price for property in Cranbrook Avenue, Gosforth, Newcastle upon Tyne, NE3 is around £246,168 which varies based on type of property you are interested in and ranges from £247,985 for semi-detached to around £243,261 for terraced house. Values have been changing and have risen £210 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £159 in last 6 months, £15,983 in last 1 year, £19,480 in last 2 years, £30,985 in last 3 years, £20,787 in last 4 years and £18,135 in last 5 years.
Currently average asking price of a property in Cranbrook Avenue, Gosforth, Newcastle upon Tyne, NE3 is around £229,283 based on approximately 1 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 Cranbrook Avenue, Gosforth, Newcastle upon Tyne, NE3 is £246,168. Average asking price is £229,283 while average price paid is £200,000 which is up by £15,983 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 Cranbrook Avenue, Gosforth, Newcastle upon Tyne, NE3 area. In last 1 year alone average price buyer paid is around £200,000 based on approximately 1 sales in Cranbrook Avenue, Gosforth, Newcastle upon Tyne, NE3 area alone. If you compare it to last 3 years sales of 3 properties where buyers paid around £221,666. 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 £205,833 for 6 and average amount paid for purchase of approx. 7 properties sold in last 7 years comes to about £206,142 per sale.