Values have been changing and have risen £440 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,490 in last 6 months, £3,509 in last 1 year, £6,082 in last 2 years, £8,008 in last 3 years, £3,636 in last 4 years and £3,256 in last 5 years.
Currently average asking price of a property in Armstrong Terrace, South Shields, NE33 is around £124,690 based on approximately 1 properties for sale. Same is the case with rental options based on 232 properties up for rent, average asking rent is around £545 per month.
Estimated property value in Armstrong Terrace, South Shields, NE33 is £80,065. Average asking price is £124,690 while average price paid is £60,000 which is up by £3,509 and Avg. asking rent £545.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 Armstrong Terrace, South Shields, NE33 area. In last 1 year alone average price buyer paid is around £60,000 based on approximately 1 sales in Armstrong Terrace, South Shields, NE33 area alone. If you compare it to last 3 years sales of 3 properties where buyers paid around £68,333. 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 £73,421 for 7 and average amount paid for purchase of approx. 9 properties sold in last 7 years comes to about £73,438 per sale.