Average Price for property in Cromwell Terrace, Bill Quay, Gateshead, NE10 is around £94,121 which varies based on type of property you are interested in and ranges from £113,489 for terraced house to around £87,666 for a flat. Values have been changing and have risen £677 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,080 in last 6 months, £3,945 in last 1 year, £6,306 in last 2 years, £10,450 in last 3 years, £4,691 in last 4 years and £5,249 in last 5 years.
Currently average asking price of a property in Cromwell Terrace, Bill Quay, Gateshead, NE10 is around £108,849 based on approximately 2 properties for sale. Same is the case with rental options based on 73 properties up for rent, average asking rent is around £639 per month.
Estimated property value in Cromwell Terrace, Bill Quay, Gateshead, NE10 is £94,121. Average asking price is £108,849 while average price paid is £71,000 which is up by £3,945 and Avg. asking rent £639.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 Cromwell Terrace, Bill Quay, Gateshead, NE10 area. In last 1 year alone average price buyer paid is around £71,000 based on approximately 2 sales in Cromwell Terrace, Bill Quay, Gateshead, NE10 area alone. If you compare it to last 3 years sales of 2 properties where buyers paid around £71,000. 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 £71,000 for 2 and average amount paid for purchase of approx. 2 properties sold in last 7 years comes to about £71,000 per sale.