Average Price for property in Red Hall Drive, Newcastle upon Tyne, NE7 is around £198,624 which varies based on type of property you are interested in and ranges from £225,013 for detached house to around £196,216 for semi-detached. Similarly terraced house is around £202,077. Values have been changing and have risen £24 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £227 in last 6 months, £13,913 in last 1 year, £15,925 in last 2 years, £21,302 in last 3 years, £14,355 in last 4 years and £12,929 in last 5 years.
Currently average asking price of a property in Red Hall Drive, Newcastle upon Tyne, NE7 is around £194,596 based on approximately 4 properties for sale. Same is the case with rental options based on 85 properties up for rent, average asking rent is around £799 per month.
Estimated property value in Red Hall Drive, Newcastle upon Tyne, NE7 is £198,624. Average asking price is £194,596 while average price paid is £182,500 which is up by £13,913 and Avg. asking rent £799.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 Red Hall Drive, Newcastle upon Tyne, NE7 area. In last 1 year alone average price buyer paid is around £182,500 based on approximately 4 sales in Red Hall Drive, Newcastle upon Tyne, NE7 area alone. If you compare it to last 3 years sales of 7 properties where buyers paid around £173,214. 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 £162,300 for 10 and average amount paid for purchase of approx. 12 properties sold in last 7 years comes to about £162,791 per sale.