Average Price for property in Gainsborough Drive, Newark, NG24 is around £120,503 which varies based on type of property you are interested in and ranges from £185,913 for detached house to around £119,340 for semi-detached. Similarly terraced house is around £79,495. Values have been changing and have risen £444 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,553 in last 6 months, £7,628 in last 1 year, £11,708 in last 2 years, £14,350 in last 3 years, £13,249 in last 4 years and £12,317 in last 5 years.
Currently average asking price of a property in Gainsborough Drive, Newark, NG24 is around £1,410,846 based on approximately 3 properties for sale. Same is the case with rental options based on 68 properties up for rent, average asking rent is around £39,905 per month.
Estimated property value in Gainsborough Drive, Newark, NG24 is £120,503. Average asking price is £1,410,846 while average price paid is £115,333 which is up by £7,628 and Avg. asking rent £39,905.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 Gainsborough Drive, Newark, NG24 area. In last 1 year alone average price buyer paid is around £115,333 based on approximately 3 sales in Gainsborough Drive, Newark, NG24 area alone. If you compare it to last 3 years sales of 5 properties where buyers paid around £109,600. 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 £110,285 for 7 and average amount paid for purchase of approx. 8 properties sold in last 7 years comes to about £107,750 per sale.