Average Price for property in Fernhill Avenue, Whickham, Newcastle upon Tyne, NE16 is around £198,982 which varies based on type of property you are interested in and ranges from £205,575 for detached house to around £183,599 for semi-detached. Similarly terraced house is around £164,840. Values have been changing and have risen £529 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,445 in last 6 months, £11,424 in last 1 year, £14,513 in last 2 years, £22,363 in last 3 years, £13,153 in last 4 years and £10,954 in last 5 years.
Currently average asking price of a property in Fernhill Avenue, Whickham, Newcastle upon Tyne, NE16 is around £202,030 based on approximately 4 properties for sale. Same is the case with rental options based on 37 properties up for rent, average asking rent is around £554 per month.
Estimated property value in Fernhill Avenue, Whickham, Newcastle upon Tyne, NE16 is £198,982. Average asking price is £202,030 while average price paid is £217,500 which is up by £11,424 and Avg. asking rent £554.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 Fernhill Avenue, Whickham, Newcastle upon Tyne, NE16 area. In last 1 year alone average price buyer paid is around £217,500 based on approximately 4 sales in Fernhill Avenue, Whickham, Newcastle upon Tyne, NE16 area alone. If you compare it to last 3 years sales of 4 properties where buyers paid around £217,500. 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 £217,500 for 4 and average amount paid for purchase of approx. 5 properties sold in last 7 years comes to about £208,000 per sale.