Average Price for property in Featherstone Grove, Gosforth, Newcastle upon Tyne, NE3 is around £409,104 which varies based on type of property you are interested in and ranges from £457,621 for detached house to around £377,211 for semi-detached. Similarly terraced house is around £405,425 and a flat is worth £360,057. Values have been changing and have risen £330 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £251 in last 6 months, £25,144 in last 1 year, £30,643 in last 2 years, £48,742 in last 3 years, £32,692 in last 4 years and £28,513 in last 5 years.
Currently average asking price of a property in Featherstone Grove, Gosforth, Newcastle upon Tyne, NE3 is around £229,283 based on approximately 5 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 Featherstone Grove, Gosforth, Newcastle upon Tyne, NE3 is £409,104. Average asking price is £229,283 while average price paid is £274,400 which is up by £25,144 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 Featherstone Grove, Gosforth, Newcastle upon Tyne, NE3 area. In last 1 year alone average price buyer paid is around £274,400 based on approximately 5 sales in Featherstone Grove, Gosforth, Newcastle upon Tyne, NE3 area alone. If you compare it to last 3 years sales of 14 properties where buyers paid around £289,496. 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 £293,910 for 23 and average amount paid for purchase of approx. 74 properties sold in last 7 years comes to about £299,941 per sale.