Values have been changing and have risen £318 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,030 in last 6 months, £4,866 in last 1 year, £3,321 in last 2 years, £10,527 in last 3 years, £5,862 in last 4 years and £5,410 in last 5 years.
Currently average asking price of a property in Dunsmuir Grove, Bensham, Gateshead, NE8 is around £124,528 based on approximately 1 properties for sale. Same is the case with rental options based on 259 properties up for rent, average asking rent is around £605 per month.
Estimated property value in Dunsmuir Grove, Bensham, Gateshead, NE8 is £91,897. Average asking price is £124,528 while average price paid is £123,000 which is up by £4,866 and Avg. asking rent £605.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 Dunsmuir Grove, Bensham, Gateshead, NE8 area. In last 1 year alone average price buyer paid is around £123,000 based on approximately 1 sales in Dunsmuir Grove, Bensham, Gateshead, NE8 area alone. If you compare it to last 3 years sales of 3 properties where buyers paid around £103,166. 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 £98,625 for 4 and average amount paid for purchase of approx. 7 properties sold in last 7 years comes to about £98,635 per sale.