The property you are viewing is located at 8 Somerford, Springwell, Gateshead NE9 7QW. This is a Property with an estimated value of £124,661. The average value of properties on Somerford, Springwell, Gateshead, NE9 is £126,855 while the overall average value of properties in NE9 is £170,515.
Over the past 5 years, the average sold price of properties in Somerford, Springwell, Gateshead, NE9 is £95,625 and the average rent in the NE9 area is £510 pcm.
Disclaimer : Estimated price calculation of the properties is based on Price Paid Data from United Kingdom Land Registry Records available as public record from their website. This information is updated monthly and may not reflect all the public transactions. We strive to ensure that information is accurate and current but Estimates may not reflect the actual property price.
The rental estimates we provide are calculated on the basis of a gross rental yield average of 6.4%*, which is then applied to a property's overall value. This in turn produces an average monthly rent which is about 0.533% of the property's value. The rental yield average we use is extracted from Paragon Groups' latest quarterly report which can be seen
here.
Data produced by Land Registry © Crown copyright 2014.
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Properties to Rent in NE9
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