Average Price for property in Wylam is around £318,460 which varies based on type of property you are interested in and ranges from £418,620 for detached house to around £322,662 for semi-detached. Similarly terraced house is around £262,591 and a flat is worth £249,368. Values have been changing and have risen £1,608 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,714 in last 6 months, £25,042 in last 1 year, £34,858 in last 2 years, £41,089 in last 3 years, £31,221 in last 4 years and £25,568 in last 5 years.
Currently average asking price of a property in Wylam is around £340,960 based on approximately 26 properties for sale. Same is the case with rental options based on 10 properties up for rent, average asking rent is around £481 per month.
Estimated property value in Wylam is £318,460. Average asking price is £340,960 while average price paid is £281,313 which is up by £25,042 and Avg. asking rent £481.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 Wylam area. In last 1 year alone average price buyer paid is around £281,313 based on approximately 26 sales in Wylam area alone. If you compare it to last 3 years sales of 82 properties where buyers paid around £278,088. 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 £269,219 for 138 and average amount paid for purchase of approx. 190 properties sold in last 7 years comes to about £267,379 per sale.