Average Price for property in Mill Dam, South Shields, NE33 is around £111,795 which varies based on type of property you are interested in and ranges from £124,122 for detached house to around £110,035 for a flat. Values have been changing and have risen £574 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,945 in last 6 months, £4,573 in last 1 year, £7,927 in last 2 years, £10,438 in last 3 years, £4,734 in last 4 years and £4,239 in last 5 years.
Currently average asking price of a property in Mill Dam, South Shields, NE33 is around £124,690 based on approximately 1 properties for sale. Same is the case with rental options based on 232 properties up for rent, average asking rent is around £545 per month.
Estimated property value in Mill Dam, South Shields, NE33 is £111,795. Average asking price is £124,690 while average price paid is £85,000 which is up by £4,573 and Avg. asking rent £545.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 Mill Dam, South Shields, NE33 area. In last 1 year alone average price buyer paid is around £85,000 based on approximately 1 sales in Mill Dam, South Shields, NE33 area alone. If you compare it to last 3 years sales of 2 properties where buyers paid around £97,500. 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 £97,500 for 2 and average amount paid for purchase of approx. 4 properties sold in last 7 years comes to about £99,000 per sale.