Average Price for property in Fern Gardens, Low Fell, Gateshead, NE9 is around £245,735 which varies based on type of property you are interested in and ranges from £243,687 for detached house to around £238,858 for semi-detached. Similarly terraced house is around £245,920. Values have been changing and have risen £295 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £586 in last 6 months, £16,876 in last 1 year, £21,921 in last 2 years, £29,548 in last 3 years, £19,705 in last 4 years and £18,702 in last 5 years.
Currently average asking price of a property in Fern Gardens, Low Fell, Gateshead, NE9 is around £152,545 based on approximately 1 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 Fern Gardens, Low Fell, Gateshead, NE9 is £245,735. Average asking price is £152,545 while average price paid is £242,500 which is up by £16,876 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 Fern Gardens, Low Fell, Gateshead, NE9 area. In last 1 year alone average price buyer paid is around £242,500 based on approximately 1 sales in Fern Gardens, Low Fell, Gateshead, NE9 area alone. If you compare it to last 3 years sales of 2 properties where buyers paid around £217,000. 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 £247,000 for 4 and average amount paid for purchase of approx. 7 properties sold in last 7 years comes to about £236,214 per sale.