Average Price for property in Macadam Street, Bensham, Gateshead, NE8 is around £73,606 which varies based on type of property you are interested in and ranges from £94,264 for terraced house to around £64,217 for a flat. Values have been changing and have risen £254 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £824 in last 6 months, £3,910 in last 1 year, £2,670 in last 2 years, £8,458 in last 3 years, £4,714 in last 4 years and £4,354 in last 5 years.
Currently average asking price of a property in Macadam Street, Bensham, Gateshead, NE8 is around £124,528 based on approximately 2 properties for sale. Same is the case with rental options based on 259 properties up for rent, average asking rent is around £605 per month.
Estimated property value in Macadam Street, Bensham, Gateshead, NE8 is £73,606. Average asking price is £124,528 while average price paid is £92,625 which is up by £3,910 and Avg. asking rent £605.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 Macadam Street, Bensham, Gateshead, NE8 area. In last 1 year alone average price buyer paid is around £92,625 based on approximately 2 sales in Macadam Street, Bensham, Gateshead, NE8 area alone. If you compare it to last 3 years sales of 3 properties where buyers paid around £83,400. 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 £79,116 for 6 and average amount paid for purchase of approx. 8 properties sold in last 7 years comes to about £79,212 per sale.