Average Price for property in Johnson Street, Gateshead, NE8 is around £123,666 which varies based on type of property you are interested in and ranges from £145,689 for detached house to around £119,255 for semi-detached. Similarly terraced house is around £120,383. Values have been changing and have risen £451 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,460 in last 6 months, £6,900 in last 1 year, £4,707 in last 2 years, £14,928 in last 3 years, £8,308 in last 4 years and £7,667 in last 5 years.
Currently average asking price of a property in Johnson Street, Gateshead, NE8 is around £124,233 based on approximately 2 properties for sale. Same is the case with rental options based on 262 properties up for rent, average asking rent is around £606 per month.
Estimated property value in Johnson Street, Gateshead, NE8 is £123,666. Average asking price is £124,233 while average price paid is £139,000 which is up by £6,900 and Avg. asking rent £606.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 Johnson Street, Gateshead, NE8 area. In last 1 year alone average price buyer paid is around £139,000 based on approximately 2 sales in Johnson Street, Gateshead, NE8 area alone. If you compare it to last 3 years sales of 3 properties where buyers paid around £135,983. 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 £138,737 for 4 and average amount paid for purchase of approx. 6 properties sold in last 7 years comes to about £138,658 per sale.