Average Price for property in Ely Street, Gateshead, NE8 is around £164,650 e.g. average price for terraced house is around 164,650. Values have been changing and have risen £557 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,803 in last 6 months, £8,515 in last 1 year, £5,805 in last 2 years, £18,415 in last 3 years, £10,245 in last 4 years and £9,451 in last 5 years.
Currently average asking price of a property in Ely Street, Gateshead, NE8 is around £124,233 based on approximately 0 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 Ely Street, Gateshead, NE8 is £164,650. Average asking price is £124,233 while average price paid is £115,000 which is up by £9,451 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 Ely Street, Gateshead, NE8 area. In last 5 years alone average price buyer paid is around £115,000 based on approximately 1 sales in Ely Street, Gateshead, NE8 area alone. If you compare it to last 7 years sales of 1 properties where buyers paid around £115,000.