Average Price for property in Magenta Crescent, Newcastle upon Tyne, NE5 is around £242,914 e.g. average price for detached house is around 242,914. Values have been changing and have risen £649 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,886 in last 6 months, £14,804 in last 1 year, £16,786 in last 2 years, £25,174 in last 3 years, £14,995 in last 4 years and £13,693 in last 5 years.
Currently average asking price of a property in Magenta Crescent, Newcastle upon Tyne, NE5 is around £129,371 based on approximately 1 properties for sale. Same is the case with rental options based on 76 properties up for rent, average asking rent is around £1,398 per month.
Estimated property value in Magenta Crescent, Newcastle upon Tyne, NE5 is £242,914. Average asking price is £129,371 while average price paid is £235,000 which is up by £14,804 and Avg. asking rent £1,398.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 Magenta Crescent, Newcastle upon Tyne, NE5 area. In last 1 year alone average price buyer paid is around £235,000 based on approximately 1 sales in Magenta Crescent, Newcastle upon Tyne, NE5 area alone. If you compare it to last 3 years sales of 3 properties where buyers paid around £201,666. 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 £193,686 for 8 and average amount paid for purchase of approx. 14 properties sold in last 7 years comes to about £208,821 per sale.