Average Price for property in Chestnut Gardens, Gateshead, NE8 is around £91,475 e.g. average price for semi-detached is around 91,475. Values have been changing and have risen £324 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,054 in last 6 months, £4,991 in last 1 year, £3,408 in last 2 years, £10,798 in last 3 years, £6,016 in last 4 years and £5,554 in last 5 years.
Currently average asking price of a property in Chestnut Gardens, 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 Chestnut Gardens, Gateshead, NE8 is £91,475. Average asking price is £124,233 while average price paid is £60,500 which is up by £4,991 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 Chestnut Gardens, Gateshead, NE8 area. In last 1 year alone average price buyer paid is around £60,500 based on approximately 1 sales in Chestnut Gardens, Gateshead, NE8 area alone. If you compare it to last 3 years sales of 2 properties where buyers paid around £65,250. 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 £65,250 for 2 and average amount paid for purchase of approx. 3 properties sold in last 7 years comes to about £72,833 per sale.