Average Price for property in Ferndale Terrace, Springwell, Gateshead, NE9 is around £152,417 which varies based on type of property you are interested in and ranges from £300,236 for detached house to around £194,049 for semi-detached. Similarly terraced house is around £127,752 and a flat is worth £86,600. Values have been changing and have risen £179 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £355 in last 6 months, £10,270 in last 1 year, £13,341 in last 2 years, £17,986 in last 3 years, £12,000 in last 4 years and £11,390 in last 5 years.
Currently average asking price of a property in Ferndale Terrace, Springwell, 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 Ferndale Terrace, Springwell, Gateshead, NE9 is £152,417. Average asking price is £152,545 while average price paid is £147,666 which is up by £10,270 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 Ferndale Terrace, Springwell, Gateshead, NE9 area. In last 1 year alone average price buyer paid is around £147,666 based on approximately 3 sales in Ferndale Terrace, Springwell, Gateshead, NE9 area alone. If you compare it to last 3 years sales of 3 properties where buyers paid around £147,666. 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 £136,142 for 7 and average amount paid for purchase of approx. 7 properties sold in last 7 years comes to about £136,142 per sale.