Average Price for property in Durham Road, Low Fell, Gateshead, NE9 is around £266,409 which varies based on type of property you are interested in and ranges from £406,992 for detached house to around £334,458 for semi-detached. Similarly terraced house is around £199,656 and a flat is worth £139,819. Values have been changing and have risen £319 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £633 in last 6 months, £18,262 in last 1 year, £23,720 in last 2 years, £31,975 in last 3 years, £21,322 in last 4 years and £20,237 in last 5 years.
Currently average asking price of a property in Durham Road, Low Fell, Gateshead, NE9 is around £152,545 based on approximately 9 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 Durham Road, Low Fell, Gateshead, NE9 is £266,409. Average asking price is £152,545 while average price paid is £186,105 which is up by £18,262 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 Durham Road, Low Fell, Gateshead, NE9 area. In last 1 year alone average price buyer paid is around £186,105 based on approximately 9 sales in Durham Road, Low Fell, Gateshead, NE9 area alone. If you compare it to last 3 years sales of 22 properties where buyers paid around £223,270. 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 £236,820 for 34 and average amount paid for purchase of approx. 44 properties sold in last 7 years comes to about £242,713 per sale.