Average Price for property in Cemetery Road, Gateshead, NE8 is around £138,827 which varies based on type of property you are interested in and ranges from £159,353 for detached house to around £163,631 for semi-detached. Similarly terraced house is around £155,599 and a flat is worth £99,354. Values have been changing and have risen £471 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,525 in last 6 months, £7,210 in last 1 year, £4,920 in last 2 years, £15,599 in last 3 years, £8,682 in last 4 years and £8,011 in last 5 years.
Currently average asking price of a property in Cemetery 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 Cemetery Road, Gateshead, NE8 is £138,827. Average asking price is £124,233 while average price paid is £102,500 which is up by £7,210 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 Cemetery Road, Gateshead, NE8 area. In last 1 year alone average price buyer paid is around £102,500 based on approximately 2 sales in Cemetery Road, Gateshead, NE8 area alone. If you compare it to last 3 years sales of 2 properties where buyers paid around £102,500. 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 £102,500 for 2 and average amount paid for purchase of approx. 2 properties sold in last 7 years comes to about £102,500 per sale.