Values have been changing and have risen £143 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £284 in last 6 months, £8,242 in last 1 year, £10,709 in last 2 years, £14,437 in last 3 years, £9,635 in last 4 years and £9,148 in last 5 years.
Currently average asking price of a property in Breckenbeds Road, Gateshead, NE9 is around £152,545 based on approximately 1 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 Breckenbeds Road, Gateshead, NE9 is £125,940. Average asking price is £152,545 while average price paid is £100,000 which is up by £8,242 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 Breckenbeds Road, Gateshead, NE9 area. In last 1 year alone average price buyer paid is around £100,000 based on approximately 1 sales in Breckenbeds Road, Gateshead, NE9 area alone. If you compare it to last 3 years sales of 2 properties where buyers paid around £115,500. 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 £115,500 for 2 and average amount paid for purchase of approx. 4 properties sold in last 7 years comes to about £112,725 per sale.