Lamesley, Gateshead, NE11

Street Guide For Lamesley, Gateshead, NE11

 

Lamesley, Gateshead, NE11 Map

Estimated Price: £332,562
Average Asking Price: £137,729
Price change in last one year: £18,072
Average Price Paid: £575,000
Average Rent Rates: £2,142

 

Property Prices Breakdown in Lamesley, Gateshead, NE11

Average Price for property in Lamesley, Gateshead, NE11 is around £332,562 which varies based on type of property you are interested in and ranges from £455,240 for detached house to around £216,594 for semi-detached. Similarly terraced house is around £312,432. Values have been changing and have risen £1,657 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £4,996 in last 6 months, £18,072 in last 1 year, £24,071 in last 2 years, £35,678 in last 3 years, £18,653 in last 4 years and £20,427 in last 5 years.

Currently average asking price of a property in Lamesley, Gateshead, NE11 is around £137,729 based on approximately 0 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 Lamesley, Gateshead, NE11 is £332,562. Average asking price is £137,729 while average price paid is £575,000 which is up by £20,427 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 Lamesley, Gateshead, NE11 area. In last 5 years alone average price buyer paid is around £575,000 based on approximately 1 sales in Lamesley, Gateshead, NE11 area alone. If you compare it to last 7 years sales of 1 properties where buyers paid around £575,000.

 
 

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 £89,950, £118,392 for a 2 bedroom house, £128,939 for a 3 bedroom house, £232,673 for a 4 bedroom house and £215,000 for a 5 bedroom house. For a flat similarly the prices varies from £69,950 for a single bedroom to £77,452 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £77,475. To sum up the asking prices for properties in Lamesley, Gateshead, NE11 it comes to around average £79,950 for 1 bedroom property, £101,821 for 2 bedroom, £124,980 for 3 bedroom, £232,673 for 4 bedroom and £215,000 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 £1,599 for 1 bedroom to £632 for 2 bedroom, £666 for 3 bedroom and £849 for 4 bedroom. But if you are interested in renting a 2 bedroom flat then rent per month can be around £518. You should be generally be expecting around average £1,599 rent per month for single bedroom property, £562 for 2 bedroom, £666 for 3 bedroom and approximately £849 for 4 bedroom property in Lamesley, Gateshead, NE11 area.

Popular Houses in Lamesley, Gateshead, NE11

Disclaimer : Location real estate estimates and values are based on House price index background data and Sales data provided by United Kingdom Land registry Records available as public records from their website. This information is updated monthly on our website and may not reflect all public transactions. This information is based on estimated calculation generated from our developed algorithms. We are striving to make this information as accurate and useful as possible. This data covers the transactions received at Land Registry in the period 1/1/1995 to 9/1/2014. © Crown copyright 2014. Data produced by Land Registry © Crown copyright 2014.

Areas in and around Lamesley, Gateshead, NE11