Average Price for property in Princes Meadow, Gosforth, Newcastle upon Tyne, NE3 is around £366,008 e.g. average price for detached house is around 366,008. Values have been changing and have risen £310 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £235 in last 6 months, £23,645 in last 1 year, £28,816 in last 2 years, £45,838 in last 3 years, £30,744 in last 4 years and £26,816 in last 5 years.
Currently average asking price of a property in Princes Meadow, 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 Princes Meadow, Gosforth, Newcastle upon Tyne, NE3 is £366,008. Average asking price is £229,283 while average price paid is £355,000 which is up by £23,645 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 Princes Meadow, Gosforth, Newcastle upon Tyne, NE3 area. In last 1 year alone average price buyer paid is around £355,000 based on approximately 1 sales in Princes Meadow, Gosforth, Newcastle upon Tyne, NE3 area alone. If you compare it to last 3 years sales of 10 properties where buyers paid around £314,800. 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 £314,800 for 10 and average amount paid for purchase of approx. 13 properties sold in last 7 years comes to about £310,226 per sale.