Average Price for property in Lincoln Street, Gateshead, NE8 is around £117,561 e.g. average price for terraced house is around 117,561. Values have been changing and have risen £431 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,397 in last 6 months, £6,605 in last 1 year, £4,506 in last 2 years, £14,285 in last 3 years, £7,952 in last 4 years and £7,339 in last 5 years.
Currently average asking price of a property in Lincoln Street, Gateshead, NE8 is around £124,233 based on approximately 3 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 Lincoln Street, Gateshead, NE8 is £117,561. Average asking price is £124,233 while average price paid is £112,066 which is up by £6,605 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 Lincoln Street, Gateshead, NE8 area. In last 1 year alone average price buyer paid is around £112,066 based on approximately 3 sales in Lincoln Street, Gateshead, NE8 area alone. If you compare it to last 3 years sales of 4 properties where buyers paid around £106,550. 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 £92,712 for 8 and average amount paid for purchase of approx. 11 properties sold in last 7 years comes to about £99,495 per sale.