Average Price for property in Albert Drive, Low Fell, Gateshead, NE9 is around £263,577 which varies based on type of property you are interested in and ranges from £573,975 for detached house to around £252,172 for semi-detached. Similarly terraced house is around £251,921 and a flat is worth £221,034. Values have been changing and have risen £326 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £646 in last 6 months, £18,605 in last 1 year, £24,166 in last 2 years, £32,576 in last 3 years, £21,724 in last 4 years and £20,617 in last 5 years.
Currently average asking price of a property in Albert Drive, Low Fell, Gateshead, NE9 is around £152,545 based on approximately 3 properties for sale. Same is the case with rental options based on 42 properties up for rent, average asking rent is around £557 per month.
Estimated property value in Albert Drive, Low Fell, Gateshead, NE9 is £263,577. Average asking price is £152,545 while average price paid is £321,666 which is up by £18,605 and Avg. asking rent £557.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 Albert Drive, Low Fell, Gateshead, NE9 area. In last 1 year alone average price buyer paid is around £321,666 based on approximately 3 sales in Albert Drive, Low Fell, Gateshead, NE9 area alone. If you compare it to last 3 years sales of 9 properties where buyers paid around £271,550. 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 £257,829 for 12 and average amount paid for purchase of approx. 14 properties sold in last 7 years comes to about £245,282 per sale.