Average Price for property in Lancaster Street, Newcastle upon Tyne, NE4 is around £181,204 which varies based on type of property you are interested in and ranges from £191,794 for terraced house to around £107,073 for a flat. Values have been changing and have risen £261 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £120 in last 6 months, £10,632 in last 1 year, £16,243 in last 2 years, £22,481 in last 3 years, £12,988 in last 4 years and £13,450 in last 5 years.
Currently average asking price of a property in Lancaster Street, Newcastle upon Tyne, NE4 is around £125,288 based on approximately 2 properties for sale. Same is the case with rental options based on 509 properties up for rent, average asking rent is around £716 per month.
Estimated property value in Lancaster Street, Newcastle upon Tyne, NE4 is £181,204. Average asking price is £125,288 while average price paid is £220,000 which is up by £10,632 and Avg. asking rent £716.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 Lancaster Street, Newcastle upon Tyne, NE4 area. In last 1 year alone average price buyer paid is around £220,000 based on approximately 2 sales in Lancaster Street, Newcastle upon Tyne, NE4 area alone. If you compare it to last 3 years sales of 3 properties where buyers paid around £180,000. 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 £162,000 for 4 and average amount paid for purchase of approx. 5 properties sold in last 7 years comes to about £154,000 per sale.