Values have been changing and have risen £396 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,022 in last 6 months, £6,542 in last 1 year, £9,902 in last 2 years, £14,802 in last 3 years, £6,383 in last 4 years and £7,200 in last 5 years.
Currently average asking price of a property in Kingsgate Terrace, Hexham, NE46 is around £301,091 based on approximately 2 properties for sale. Same is the case with rental options based on 50 properties up for rent, average asking rent is around £1,152 per month.
Estimated property value in Kingsgate Terrace, Hexham, NE46 is £140,927. Average asking price is £301,091 while average price paid is £165,000 which is up by £6,542 and Avg. asking rent £1,152.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 Kingsgate Terrace, Hexham, NE46 area. In last 1 year alone average price buyer paid is around £165,000 based on approximately 2 sales in Kingsgate Terrace, Hexham, NE46 area alone. If you compare it to last 3 years sales of 7 properties where buyers paid around £127,571. 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 £116,266 for 15 and average amount paid for purchase of approx. 20 properties sold in last 7 years comes to about £122,675 per sale.