Newcastle: One of the UK’s fastest growing cities
Property Prices
According to Zoopla, as of November 2020, Newcastle’s average property price of £207,104 is significantly lower than England’s average of £304,373whilst the upward trajectory of the value change is in line with the national average at around 6%.
For investors, the key take aways from these figures is that prices are currently considerably lower than many other investment options in the UK and also that there is now a window of opportunity before prices climb due to the continued growth of the city and increase in demand for housing.