Average Price for property in Greenwood Gardens, Lobley Hill, Gateshead, NE11 is around £125,960 which varies based on type of property you are interested in and ranges from £139,969 for semi-detached to around £83,930 for terraced house. Values have been changing and have risen £594 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,793 in last 6 months, £6,500 in last 1 year, £8,659 in last 2 years, £12,832 in last 3 years, £6,718 in last 4 years and £7,360 in last 5 years.
Currently average asking price of a property in Greenwood Gardens, Lobley Hill, Gateshead, NE11 is around £137,729 based on approximately 1 properties for sale. Same is the case with rental options based on 105 properties up for rent, average asking rent is around £2,142 per month.
Estimated property value in Greenwood Gardens, Lobley Hill, Gateshead, NE11 is £125,960. Average asking price is £137,729 while average price paid is £120,000 which is up by £6,500 and Avg. asking rent £2,142.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 Greenwood Gardens, Lobley Hill, Gateshead, NE11 area. In last 1 year alone average price buyer paid is around £120,000 based on approximately 1 sales in Greenwood Gardens, Lobley Hill, Gateshead, NE11 area alone. If you compare it to last 3 years sales of 2 properties where buyers paid around £115,000. 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 £115,000 for 2 and average amount paid for purchase of approx. 2 properties sold in last 7 years comes to about £115,000 per sale.