Average Price for property in Commercial Road, South Shields, NE33 is around £81,574 which varies based on type of property you are interested in and ranges from £68,006 for detached house to around £77,037 for semi-detached. Similarly terraced house is around £82,709. Values have been changing and have risen £430 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,458 in last 6 months, £3,434 in last 1 year, £5,953 in last 2 years, £7,838 in last 3 years, £3,560 in last 4 years and £3,190 in last 5 years.
Currently average asking price of a property in Commercial Road, South Shields, NE33 is around £124,690 based on approximately 1 properties for sale. Same is the case with rental options based on 232 properties up for rent, average asking rent is around £545 per month.
Estimated property value in Commercial Road, South Shields, NE33 is £81,574. Average asking price is £124,690 while average price paid is £65,000 which is up by £3,434 and Avg. asking rent £545.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 Commercial Road, South Shields, NE33 area. In last 1 year alone average price buyer paid is around £65,000 based on approximately 1 sales in Commercial Road, South Shields, NE33 area alone. If you compare it to last 3 years sales of 4 properties where buyers paid around £63,000. 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 £64,390 for 5 and average amount paid for purchase of approx. 6 properties sold in last 7 years comes to about £68,658 per sale.