Average Price for property in Chester Place, Gateshead, NE8 is around £99,265 which varies based on type of property you are interested in and ranges from £101,601 for terraced house to around £78,249 for a flat. Values have been changing and have risen £351 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,138 in last 6 months, £5,385 in last 1 year, £3,675 in last 2 years, £11,648 in last 3 years, £6,486 in last 4 years and £5,988 in last 5 years.
Currently average asking price of a property in Chester Place, Gateshead, NE8 is around £124,233 based on approximately 1 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 Chester Place, Gateshead, NE8 is £99,265. Average asking price is £124,233 while average price paid is £89,000 which is up by £5,385 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 Chester Place, Gateshead, NE8 area. In last 1 year alone average price buyer paid is around £89,000 based on approximately 1 sales in Chester Place, Gateshead, NE8 area alone. If you compare it to last 3 years sales of 1 properties where buyers paid around £89,000. 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 £89,000 for 1 and average amount paid for purchase of approx. 2 properties sold in last 7 years comes to about £89,500 per sale.