Values have been changing and have risen £435 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,409 in last 6 months, £6,664 in last 1 year, £4,547 in last 2 years, £14,418 in last 3 years, £8,027 in last 4 years and £7,409 in last 5 years.
Currently average asking price of a property in Denmark Street, 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 Denmark Street, Gateshead, NE8 is £125,334. Average asking price is £124,233 while average price paid is £119,748 which is up by £6,664 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 Denmark Street, Gateshead, NE8 area. In last 1 year alone average price buyer paid is around £119,748 based on approximately 3 sales in Denmark Street, Gateshead, NE8 area alone. If you compare it to last 3 years sales of 3 properties where buyers paid around £119,748. 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 £113,449 for 5 and average amount paid for purchase of approx. 6 properties sold in last 7 years comes to about £113,699 per sale.