Area Guide For Gateshead

Breakdown of asking prices for homes of different sizes show that price varies clearly based on no of bedrooms and type of house. Asking price for a house with 1 bedroom is around £85,475, £110,464 for a 2 bedroom house, £145,323 for a 3 bedroom house, £226,911 for a 4 bedroom house and £247,185 for a 5 bedroom house. For a flat similarly the prices varies from £74,638 for a single bedroom to £97,284 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £129,557, £96,633 for a 4 bedroom flat and £109,650 for a 5 bedroom flat. To sum up the asking prices for properties in Gateshead it comes to around average £75,750 for 1 bedroom property, £101,568 for 2 bedroom, £141,341 for 3 bedroom, £220,504 for 4 bedroom and £215,446 for a 5 bedroom property.

Rent per calendar month varies similarly based on type and size of the house. If you look at the rents per month for houses alone it can vary from £463 for 1 bedroom to £581 for 2 bedroom, £659 for 3 bedroom and £943 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £488. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £553, £626 for 3 bedroom, £637 for 4 bedroom and around £676 for 5 bedroom flat. You should be generally be expecting around average £480 rent per month for single bedroom property, £558 for 2 bedroom, £642 for 3 bedroom, £837 for 4 bedroom and approximately £676 for a 5 bedroom property in Gateshead area.