Average Price for property in Derwent Gardens, Gateshead, NE9 is around £193,592 which varies based on type of property you are interested in and ranges from £213,822 for detached house to around £182,819 for semi-detached. Similarly terraced house is around £193,652. Values have been changing and have risen £226 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £448 in last 6 months, £12,947 in last 1 year, £16,818 in last 2 years, £22,671 in last 3 years, £15,124 in last 4 years and £14,356 in last 5 years.
Currently average asking price of a property in Derwent Gardens, Gateshead, NE9 is around £152,545 based on approximately 3 properties for sale. Same is the case with rental options based on 42 properties up for rent, average asking rent is around £557 per month.
Estimated property value in Derwent Gardens, Gateshead, NE9 is £193,592. Average asking price is £152,545 while average price paid is £177,150 which is up by £12,947 and Avg. asking rent £557.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 Derwent Gardens, Gateshead, NE9 area. In last 1 year alone average price buyer paid is around £177,150 based on approximately 3 sales in Derwent Gardens, Gateshead, NE9 area alone. If you compare it to last 3 years sales of 7 properties where buyers paid around £181,421. 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 £174,410 for 10 and average amount paid for purchase of approx. 11 properties sold in last 7 years comes to about £173,463 per sale.