Average Price for property in Bensham Road, Gateshead, NE8 is around £167,333 which varies based on type of property you are interested in and ranges from £461,093 for detached house to around £160,925 for semi-detached. Similarly terraced house is around £171,987 and a flat is worth £146,461. Values have been changing and have risen £574 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,859 in last 6 months, £8,780 in last 1 year, £5,986 in last 2 years, £18,991 in last 3 years, £10,565 in last 4 years and £9,746 in last 5 years.
Currently average asking price of a property in Bensham Road, Gateshead, NE8 is around £124,233 based on approximately 2 properties for sale. Same is the case with rental options based on 262 properties up for rent, average asking rent is around £606 per month.
Estimated property value in Bensham Road, Gateshead, NE8 is £167,333. Average asking price is £124,233 while average price paid is £157,475 which is up by £8,780 and Avg. asking rent £606.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 Bensham Road, Gateshead, NE8 area. In last 1 year alone average price buyer paid is around £157,475 based on approximately 2 sales in Bensham Road, Gateshead, NE8 area alone. If you compare it to last 3 years sales of 6 properties where buyers paid around £143,908. 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 £156,854 for 18 and average amount paid for purchase of approx. 19 properties sold in last 7 years comes to about £155,572 per sale.