Average Price for property in Gibson Street, Newcastle upon Tyne, NE1 is around £85,359 e.g. average price for a flat is around 85,359. Values have been changing and have risen £115 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £314 in last 6 months, £4,635 in last 1 year, £6,687 in last 2 years, £8,952 in last 3 years, £4,387 in last 4 years and £3,111 in last 5 years.
Currently average asking price of a property in Gibson Street, Newcastle upon Tyne, NE1 is around £193,393 based on approximately 0 properties for sale. Same is the case with rental options based on 523 properties up for rent, average asking rent is around £1,336 per month.
Estimated property value in Gibson Street, Newcastle upon Tyne, NE1 is £85,359. Average asking price is £193,393 while average price paid is £70,000 which is up by £8,952 and Avg. asking rent £1,336.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 Gibson Street, Newcastle upon Tyne, NE1 area. In last 3 years alone average price buyer paid is around £70,000 based on approximately 2 sales in Gibson Street, Newcastle upon Tyne, NE1 area alone. If you compare it to last 5 years sales of 3 properties where buyers paid around £78,333. It has been same for some time now for e.g. if you take an average of amount paid in last 7 years, it comes to around £78,333 for 3 per sale.