Values have been changing and have risen £744 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,409 in last 6 months, £11,370 in last 1 year, £7,750 in last 2 years, £24,591 in last 3 years, £13,676 in last 4 years and £12,617 in last 5 years.
Currently average asking price of a property in Bewick Road, Bensham, Gateshead, NE8 is around £124,528 based on approximately 2 properties for sale. Same is the case with rental options based on 259 properties up for rent, average asking rent is around £605 per month.
Estimated property value in Bewick Road, Bensham, Gateshead, NE8 is £212,348. Average asking price is £124,528 while average price paid is £170,000 which is up by £11,370 and Avg. asking rent £605.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 Bewick Road, Bensham, Gateshead, NE8 area. In last 1 year alone average price buyer paid is around £170,000 based on approximately 2 sales in Bewick Road, Bensham, Gateshead, NE8 area alone. If you compare it to last 3 years sales of 10 properties where buyers paid around £151,950. 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 £192,269 for 13 and average amount paid for purchase of approx. 20 properties sold in last 7 years comes to about £181,775 per sale.