Average Price for property in Fernville Road, Gosforth, Newcastle upon Tyne, NE3 is around £686,642 which varies based on type of property you are interested in and ranges from £863,523 for detached house to around £636,105 for semi-detached. Values have been changing and have risen £573 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £432 in last 6 months, £43,752 in last 1 year, £53,321 in last 2 years, £84,816 in last 3 years, £56,878 in last 4 years and £49,601 in last 5 years.
Currently average asking price of a property in Fernville Road, 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 Fernville Road, Gosforth, Newcastle upon Tyne, NE3 is £686,642. Average asking price is £229,283 while average price paid is £499,999 which is up by £43,752 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 Fernville Road, Gosforth, Newcastle upon Tyne, NE3 area. In last 1 year alone average price buyer paid is around £499,999 based on approximately 1 sales in Fernville Road, Gosforth, Newcastle upon Tyne, NE3 area alone. If you compare it to last 3 years sales of 5 properties where buyers paid around £613,989. 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 £613,989 for 5 and average amount paid for purchase of approx. 8 properties sold in last 7 years comes to about £586,243 per sale.