Average Price for property in Chaucer Close, Gateshead, NE8 is around £132,714 which varies based on type of property you are interested in and ranges from £172,796 for detached house to around £146,465 for semi-detached. Similarly terraced house is around £117,291 and a flat is worth £105,666. Values have been changing and have risen £473 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,533 in last 6 months, £7,240 in last 1 year, £4,939 in last 2 years, £15,665 in last 3 years, £8,719 in last 4 years and £8,046 in last 5 years.
Currently average asking price of a property in Chaucer Close, Gateshead, NE8 is around £124,233 based on approximately 3 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 Chaucer Close, Gateshead, NE8 is £132,714. Average asking price is £124,233 while average price paid is £83,333 which is up by £7,240 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 Chaucer Close, Gateshead, NE8 area. In last 1 year alone average price buyer paid is around £83,333 based on approximately 3 sales in Chaucer Close, Gateshead, NE8 area alone. If you compare it to last 3 years sales of 6 properties where buyers paid around £98,466. 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 £105,986 for 19 and average amount paid for purchase of approx. 26 properties sold in last 7 years comes to about £104,373 per sale.